115 E Baltimore St, Funkstown, MD 21734 | For Sale

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For Sale $989,000

$989,000
  • (0)
  • Units
  • Unknown Sq Ft
  • 13,589 Sq Ft
  • Unknown Cap Rate

Description

Prime Investment Property + Lucrative Winery Business.
A rare chance to acquire a cash-flowing investment property and established boutique winery in a quaint retail setting.
The real estate consists of three addresses with three separate buildings situated on approximately a third of an acre on a high visibility corner in historic Funkstown, MD. 115, 117, & 119 E. Baltimore Street.
The main building includes the recently renovated tasting room on the main floor and a large 3 BR/ 2 BA apartment upstairs, which can continue to serve as an additional source of income or be utilized as an owner’s suite. Elsewhere on the property are structures for storage and wine production, along with an inviting outdoor seating area for customers.
About the business:
This popular destination offers a diverse array of wine-centric experiences, encompassing tastings of distinguished in-house crafted wines, wine and culinary pairings, interactive sessions for crafting your own wine or beer, live musical performances, and more, all within an alluring indoor/outdoor backdrop. The winery’s current annual production ranges between 600-800 meticulously crafted cases of award-winning wines.
Growth opportunities:
Opportunities for growth abound, from increased production and wholesale on the winery side to expansion of the facilities, such as a pavilion to accommodate additional guests and events outside. Other ideas include a brewery or farmer’s market.
This unique offering encompasses turnkey business operations and every facet of furniture, fixtures, and equipment needed for an uninterrupted launch into this exciting vinicultural realm. Positioned as a well-established, cash-positive enterprise, its dynamic trajectory harbors numerous avenues for growth. Seize this phenomenal opportunity to realize your aspirations and immerse yourself in the region’s burgeoning wine landscape!
Inventory will be sold separately.
Financial statements and private tours available with Non-Disclosure Agreement and provision of verifiable Proof/Source of Funds letter directly from a recognized financial institution.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $989,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1920
Last Sold Unknown
Sold Price Unknown
APN # 2210007194
MLS # MDWA2022732
Property ID 320605225
Lot Sqft 13,589
Zoning TC
Days on Market 157
Original List Price Unknown
Date Updated August 14, 2024
Date Created June 20, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Daniel R. Langberg an agent of .


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Data last updated: November 24, 2024.
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