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    OFF-MARKET
    Specialty properties

    165 Center St, Cumberland, MD 21502

    3,696 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property at 165 N Centre St., Cumberland, MD 21502, presents a unique investment opportunity. The 3,696 square foot building is currently operating as a profitable, established bicycle business, complete with inventory, tools, and equipment. The owner is retiring after many years of successful operation, offering a seamless transition for a new owner. The main level features a retail area, service department, office, and bathroom. The upper level provides ample storage for bicycles and related items. The business boasts a diverse customer base, both locally and nationally, with over 50 new bicycles currently in stock, along with helmets, bike accessories, and tools. This turn-key operation is situated on a high-traffic street in downtown Cumberland, ensuring excellent visibility and accessibility. The asking price of $99,000 represents a compelling value for a well-established business with significant potential for continued growth. This is a rare opportunity to acquire a profitable, established business with all assets included in the sale price. The property is zoned for commercial use and is located in Allegany County.

    Property profile
    Verified
    Property type Specialty properties
    Total area 3,696 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cycles & Things (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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