$589,000

115 E BALTIMORE STREET, Funkstown, MD 21734

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 0 years ago

Property Description

The list price reflects the real estate only. Business assets—both tangible and intangible—may be purchased separately at the buyer’s option, but are not included in the asking price. 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 features a beautifully renovated tasting room on the ground floor—a stylish and versatile space with strong potential for a variety of retail uses. Upstairs, a spacious 3-bedroom, 2-bath apartment offers flexibility as either an income-generating rental or a private owner’s residence. Additional structures on the property support wine production and storage, while an inviting outdoor seating area provides a welcoming space for guests. These facilities can be readily adapted for a range of uses. 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!

Listing Status:
Active
Date Added:
June 21, 2024 at 05:00AM
Listing Office:
Virginia Estates, Inc. : 4342961234
Listing Agent:
Daniel R. Langberg : 7036096477
MLS ID:
MDWA2022732
  • Flooring: Luxury Vinyl TileHardwood
  • A/C: Ceiling Fan(s)Central A/C
  • Heating: YForced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Daniel R. Langberg, Virginia Estates, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Ruth Anne Munroe Primary School

1311 Yale Dr, Hagerstown, MD, 21742

Grades PK-2

1.23 miles away

E

E. Russell Hicks Middle School

1321 S Potomac St, Hagerstown, MD, 21740

Grades 6-8

1.46 miles away

S

South Hagerstown High School

1101 S Potomac St, Hagerstown, MD, 21740

Grades 9-12

1.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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