It is a constructable building that requires Hammers, Spools of Twine, and Concrete.
Once placed on the farm the Craftshop cannot be deleted, at least at this stage unless using an iDevice but it can be stored.
With the changings from July, 2011 the Craftshop can now be expanded up to 6 product stations and you can have 1 Craftshop on each farm. It can't be stored anymore but you can delete it.
Also with the update there have been added more Crafting Recipes like Yellow Racer, Dainty Fence, Iron Fence, Puppy Kibble, Dog Treat, Moats I-IV, Moat Corner I-IV and the Castle Bridge
For some of the Recipes you need specific Mastery Levels: Iron Fence 2 Mastery Stars, Dainty Fence 4 Mastery Stars, the Moats 5 Mastery Stars and Castle Bridge 10 Mastery Stars.
With the Lighthouse Cove Event that began on September 12, 2011 more Crafting Recipes with different Mastery Levels have been released: Bright YellowTractor, Mechanic Scarecrow, Sheep Topiary, Bonsai, (all 1 Mastery Stars), Apple Red Seeder (2 Mastery Stars), Apple Red Harvester (3 Mastery Stars), Post Office, Evergreen Train (both 5 Mastery Stars)