Address
165 N Centre Street, Cumberland, MD
Price
$ 190,000
Property Attributes
- MLS#MDAL2003132
- TypeCommercial
- CountyALLEGANY
- CityCumberland
- AreaN Cumberland - Allegany County
- Zip21502
- StyleRecreation
- Year Built1900
- Taxes$ 1373
- Price$ 190,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3696
- Lot Size1,742 SqFt
Data Source:
Bright MLS
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.
| Price History | |
|---|---|
| 5/2/2022 | Listed $240,000 |
| 8/18/2022 | 3% - $235,000 |
| 2/16/2023 | 7% - $220,000 |
| 12/21/2023 | 14% - $190,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Wall Unit |
| Possession | Settlement |
| Roof | Rubber |
| Zoning | B-CBD |
| Construction Materials | Brick |
| Year Built | 1900 |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Recreation |
| Accessibility | None |
| County | ALLEGANY |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Owner User |
| Status | ACTIVE |
| Directions | USE GPS |
| ModificationTimestamp | 2024-02-09T11:11:01 |
| City | CUMBERLAND |
| Buyer Agent Compensation | 3 |
| Total Units | 2 |
| MLS Area | N Cumberland - Allegany County (MDAL1) |
| Lot Size Square Feet | 1890.00 |
| Tax Assessed Value | 69000.0 |
| Waterfront Y/N | No |
| Street Name | CENTRE |
| Tax Annual Amount | 1373.0 |
| Price Per Sq Ft | 51.41 |
| Acceptable Financing | Cash,Conventional |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 730 |
| Location Type | Business District |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
| Total Restrooms | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | Business and Inventory |
| Type of Parking | On Street |
| Land Use Code | C |
| Water View Y/N | No |
| Building Area Total | 3696.00 |
| Lot Size Acres | 0.04 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 7500.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21502
Price
Taxes
Visits
Year Built
Walkscore
© BRIGHT, All Rights Reserved
