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165 N Centre Street

CUMBERLAND, MD 21502
  • $190,000
  • STATUS: Active
  • ON SITE: 681 Days
  • ID#: MDAL2003032
UPDATED: 191 min ago
$190,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
Built:
1900
County:

School Ratings & Info

Description

For over five decades, Cycles & Things has been an unwavering presence in the Cumberland area, establishing itself as a cornerstone of the community. Now, the time has come for the torch to be passed to a new individual with a passion for cycling and a keen business acumen. Showings of this remarkable opportunity will be exclusively held during the shop's regular business hours. Guided tours will be personally conducted by Mike, the dedicated owner who has nurtured and guided the business since 1984.Inclusive of this enticing offer is the building itself, a repository of history and potential, alongside a well-curated inventory that embodies the spirit of Cycles & Things. This iconic establishment has ingrained itself as a household name within the local community.Upstairs, an untapped realm awaits transformation. While serving as storage during Mike's tenure, this space offers the potential to be rejuvenated into a dwelling. Picture restoring the kitchen, dining room, two bedrooms, and a welcoming living room. Imagine residing just above your own entrepreneurial endeavor, a concept that bridges the personal and professional spheres seamlessly.The prospect of commencing a new business venture from scratch, while striving to cultivate its growth, can be both financially strenuous and fraught with risk. The beauty of this opportunity lies in the established foundation and the loyal customer base that accompanies it. By stepping into Cycles & Things, you not only acquire a business but also inherit the trust and rapport carefully cultivated over decades. With no franchise fees to contend with, the path forward is paved with potential and promise. Don't merely envision owning a business; embrace the chance to be a part of a legacy and continue the journey that Cycles & Things has embarked upon for generations.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-03T23:50:13.1.
www.greatfallsgreathomes.com/homes/127967428
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165 N Centre Street CUMBERLAND, MD 21502

  • Price: $190,000
  • Status: Active
  • On Site: 681 Days
  • Updated: 191 min ago
  • ID#: MDAL2003032
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1900
Built
Neighborhood:
N Cumberland - Allegany County (Mdal1)
County:
Allegany
Area:
N Cumberland - Allegany County (Mdal1)
School District:
Allegany County Public Schools
Property Description
For over five decades, Cycles & Things has been an unwavering presence in the Cumberland area, establishing itself as a cornerstone of the community. Now, the time has come for the torch to be passed to a new individual with a passion for cycling and a keen business acumen. Showings of this remarkable opportunity will be exclusively held during the shop's regular business hours. Guided tours will be personally conducted by Mike, the dedicated owner who has nurtured and guided the business since 1984.Inclusive of this enticing offer is the building itself, a repository of history and potential, alongside a well-curated inventory that embodies the spirit of Cycles & Things. This iconic establishment has ingrained itself as a household name within the local community.Upstairs, an untapped realm awaits transformation. While serving as storage during Mike's tenure, this space offers the potential to be rejuvenated into a dwelling. Picture restoring the kitchen, dining room, two bedrooms, and a welcoming living room. Imagine residing just above your own entrepreneurial endeavor, a concept that bridges the personal and professional spheres seamlessly.The prospect of commencing a new business venture from scratch, while striving to cultivate its growth, can be both financially strenuous and fraught with risk. The beauty of this opportunity lies in the established foundation and the loyal customer base that accompanies it. By stepping into Cycles & Things, you not only acquire a business but also inherit the trust and rapport carefully cultivated over decades. With no franchise fees to contend with, the path forward is paved with potential and promise. Don't merely envision owning a business; embrace the chance to be a part of a legacy and continue the journey that Cycles & Things has embarked upon for generations.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3696.00 Heating Forced Air Heating YN Yes Inclusions Business and Inventory.

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2023 Business Name Cycles & Things Business Type Recreation Central Air YN No Current Use Recreation Heating Fuel Natural Gas Hot Water Electric Lease Considered YN No Municipality Cumberland Navigable Water YN N New Construction YN No Original MLSNumber 801498944730 Ownership Interest Other Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 1373.00 Tax Assessment Amount 69000.00 Utilities Natural Gas AvailableElectric Available Vacation Rental YN No Water Source Public Zoning B-CBD

Listing courtesy of Coldwell Banker Premier: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-03T23:50:13.1.
 
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