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Listed by Paul Wyman • The Wyman Group • Cell: 765-419-1021
$359,900
Est. payment /mo
2 Baths
0.58 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202644205
HOA Y/N No
Year Built 1973
Annual Tax Amount $7,164
Tax Year 2025
Lot Size 0.580 Acres
Acres 0.58
Lot Dimensions 183x132x128
Property Sub-Type Retail
Property Description
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.
Location
State IN
County Howard County
Rooms
Basement Slab
Interior
Heating Gas, Forced Air
Inclusions Building, Business, Inventory
Fireplace N
Exterior
Parking Features Parking Lot, Paved
Fence None
Waterfront Description None
View Y/N true
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 34-10-06-476-010.000-002
Acceptable Financing IRM202644205
Listing Terms IRM202644205
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202644205
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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