Bicycle Storefront with Service
New
For Sale
$359,900
1500 E Boulevard, Kokomo, IN 46902
The sale combines the operating shop and real estate with inventory, repair equipment, and an established customer base.
Property Size4,800 SF
Price / SF$74.98
Days on Market5
Property Features for 1500 E Boulevard
General Information
Standard status
Active
Size
4,800 SF
Additional Details
Business Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$7,164
Listing Agency:
The Wyman Group
Listed By:
Paul Wyman · License #RB14023441
(765) 419-1021
Source:
Exprealty
Added: Oct 26
Changed: Oct 30
Last Checked: Oct 30 at 2:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Wyman Group
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Investment Insights
Based on property information with market context.
This 4,800-square-foot storefront is configured with a customer showroom, a dedicated bicycle service and repair area, and substantial storage. The sale includes the real estate, operating business, existing inventory, customer base, and professional repair tools, equipment, and service stands. Dealer agreements with Giant and Electra are subject to manufacturer approval for a new owner.
The Kokomo cycling business dates to 1966, when the original shop opened as a Schwinn-exclusive store. It later operated as Indiana’s first “Total Concept” Schwinn store, combining bicycle sales with service and repair. At its peak, annual sales exceeded 1,000 bicycles.
The Kokomo cycling business dates to 1966, when the original shop opened as a Schwinn-exclusive store. It later operated as Indiana’s first “Total Concept” Schwinn store, combining bicycle sales with service and repair. At its peak, annual sales exceeded 1,000 bicycles.
Key Highlights
- 4,800‑square‑foot building with showroom, service and repair area, and storage
- Sale includes the real estate, operating business, inventory, customer base, and professional repair tools and equipment
- Dealer agreements with Giant and Electra, subject to manufacturer approval for new ownership
Property Analytics
Who owns this building?
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
317k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 33%
Dining 31%
Shops & Services 28%
Leisure 7%
Kohl's
Apparel
47,818 visits/mo
0.5 miles
T.J. Maxx
Apparel
34,296 visits/mo
0.4 miles
Gabe's
Shops & Services
31,588 visits/mo
0.3 miles
AMC CLASSIC Kokomo 12
Leisure
23,769 visits/mo
0.2 miles
Crew Carwash
Shops & Services
22,205 visits/mo
0.4 miles
Demographics for 46902, IN
36,038
Population
18,004
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
50.7 sq mi
ZIP Area
711
Density / Sq Mi
$59,548
Median Household Income
$36,902
Median Earnings
$929
Median Rent
$154,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - The sale combines the operating shop and real estate with inventory, repair equipment, and an established customer base.
Where is this storefront property located?
The property is located at 1500 E Boulevard Kokomo, IN.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: 4,800‑square‑foot building with showroom, service and repair area, and storage; Sale includes the real estate, operating business, inventory, customer base, and professional repair tools and equipment; Dealer agreements with Giant and Electra, subject to manufacturer approval for new ownership
