115 E BALTIMORE ST Funkstown, MD 21734
3,048 SqFt
UPDATED:
08/14/2024 10:18 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,048 sqft
Price per Sqft $324
Subdivision Funkstown
MLS Listing ID MDWA2022736
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,796
Tax Year 2005
Lot Size 0.312 Acres
Acres 0.31
Property Description
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.
Location
State MD
County Washington
Zoning TC
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s), Central A/C
Flooring Luxury Vinyl Tile, Hardwood
Inclusions All Furniture, Fixtures and Equipment related to the Winery and Tasting Room
Equipment See Remarks
Heat Source Natural Gas
Exterior
Utilities Available Cable TV Available
Water Access N
Street Surface Black Top
Accessibility None
Road Frontage City/County
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2210007194
Ownership Other
SqFt Source Estimated
Special Listing Condition Standard
