165 Center St Cumberland, MD 21502
- Specialty properties
- 3,696 SF
Current Use by Public Records
- Cycles & Things / (Bike/Boat/Book/etc) Store
Property Details for 165 Center St
- Property size
- 3,696 SF
- Property type
- Specialty properties
- Property subtype
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cumberland
- County
- Allegany
- State
- Maryland
- Longitude
- -78.7636
- Latitude
- 39.6543
