117 Baltimore St Funkstown, MD 21734
This exceptional mixed-use property in historic Funkstown, Maryland, presents a unique investment opportunity. The 3,048 square foot complex includes a thriving boutique winery with a tasting room, production facilities, and outdoor seating. Upstairs, a renovated 3-bedroom, 2-bathroom apartment provides additional income potential or owner's quarters. Two additional buildings on the 0.312-acre lot offer ample storage. The winery currently produces 600-800 cases of award-winning wine annually, with significant growth potential through increased production, wholesale expansion, or adding amenities like a pavilion. The property is located at 115, 117, and 119 E. Baltimore Street, 21734, offering high visibility on a corner lot. The asking price is $989,000, with a price per square foot of $324.48. Currently operating at 100% occupancy, this turnkey operation includes all furniture, fixtures, and equipment. Inventory is sold separately. Proof of funds is required for private tours.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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