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Courtesy of The Wyman Group, Paul Wyman, Cell: 765-419-1021
2 Baths
4,800 sqft

$359,900

1500 E Boulevard Street, Kokomo IN, 46902

Built in1973
Property size4,800 sqft
Property typeCommercial

Overview

Active

Updated 2 days ago

A rare opportunity to carry forward one of Kokomo’s most recognizable small-business traditions. Kokomo Cycling has served the community’s bicycling needs since 1966, when Glenn and Viola Bateman opened the original Kokomo Cyclery as a Schwinn-exclusive store. The business later became Indiana’s first “Total Concept” Schwinn store, designed as a destination for bicycle sales, service and repair. At its peak, the shop sold more than 1,000 bicycles annually. Now, after 60 years of serving generations of area cyclists, the longtime owner is ready to retire and pass this established business to its next owner. The sale includes the real estate, operating business, existing inventory, established customer base, and an extensive collection of professional bicycle-repair tools, equipment and service stands. The 4,800-square-foot building features a showroom, dedicated service and repair area, and substantial storage capacity. Current dealer agreements are with Giant and Electra, subject to manufacturer approval for new ownership. This is an opportunity to build upon an established name, rich local history and longstanding community presence while bringing fresh energy and vision to Kokomo’s cycling community.

Additional information

MLS® ID
202644205

Interior Features

Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.58 Acres

Other Property Details

Taxes
$7,164
Tax Frequency
Annually
Municipality
Center
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