115-119 E Baltimore St - Storefront Retail/Residential FOR SALE


Funkstown, MD 21734
$989,000 USD
703-609-6477
115-119 E Baltimore St, Funkstown, MD for Sale
$989,000 USD
Storefront Retail/Residential - FOR SALE
1/45
null | Request Cap Rate

115-119 E Baltimore St
Funkstown, MD 21734


HIGHLIGHTS

  • Profitable Business and Investment Property
  • Large lot with high visibility location in historic Funkstown
  • Numerous growth opportunities in the wine, food, and retail sector

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$989,000 USD

PRICE/SF

$330 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,591 SF

ZONING

U

APN/PARCEL ID

10-007194

ASK ABOUT THIS PROPERTY

Daniel LangbergWISE LLCMore Info
703-609-6477

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Daniel LangbergWISE LLCMore Info
703-609-6477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.