115-119 E Baltimore St
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115-119 E Baltimore St
3,000 SF 100% Leased Retail Building Funkstown, MD 21734 $989,000 ($330/SF)
INVESTMENT HIGHLIGHTS
- Profitable Business and Investment Property
- Numerous growth opportunities in the wine, food, and retail sector
- Large lot with high visibility location in historic Funkstown
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1920
Price
$989,000
Price Per SF
$330
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.31 AC
Zoning
U
Parking
14 Spaces (4.67 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-007194 | Improvements Assessment | $223,900 |
| Land Assessment | $68,500 | Total Assessment | $292,400 |
PROPERTY TAXES
Parcel Number
10-007194
Land Assessment
$68,500
Improvements Assessment
$223,900
Total Assessment
$292,400
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115-119 E Baltimore St
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