Property profile

165 Center St Cumberland, MD 21502

OFF-MARKET
Specialty properties
3,696 SF
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

165 Center St Cumberland, MD 21502
Cumberland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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