Address
1 Withheld Street New Milford, CT
Price
$ 119,900
Property Attributes
  • MLS#170357495
  • TypeCommercial
  • CountyLITCHFIELD
  • CityNew Milford
  • Zip06776
  • StyleBusiness For Sale
  • Price$ 119,900
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1657
Listing Provided Courtesy Of:
Blanket Real Estate
Data Source:
GFC CMLS and CTMLS (SmartMLS)
Property Description

This business sells all types of bicycles, accessories and repairs all models and types of bicycles. Their market is mostly local residents from nearby CT towns in Fairfield & Litchfield counties. The Owner who is planning to retire, has been in this industry over 40 years, 36 of which has been in New Milford, CT. The business has been located at its current address for 14 years and prior was located nearby on a road the State widened. The store is in a small commercial complex with several other businesses across from tennis courts in New Milford, CT. It is minutes from The Green. There is a lot of potential for a new Owner who wants to increase his/her business. A few ideas…the new Owner could start a Bike Club, sponsor group rides & events, do social media, run seminars, advertise in the local papers or on radio, offer free or paid training classes etc. none of this is currently being done now – why? The Owner wants to retire after more than 40 years owning Bike Shops. This business is not for a beginner. The new Owner should have experience in this industry and be familiar with repairing all types of bikes. The Owner is willing to train the Buyer, but not stay with him forever. He might, however, consider working for the new Owner - part time!

Price History
11/25/2020 Listed $119,900

General Features

Business Name Bicycle Shop For Sale
Equipment Included All existing Equipment included
Location Downtown
Neighborhood N/A
Present Use Bicycle Shop
Property Type Business For Sale
Status Active
Utilities Available Electric, Phone Available
Year Business Established 36
Zoning B2

Interior Features

Cooling System Window Unit
Heat Fuel Type Propane
Heat Type Gas on Gas
Restrooms Number Of 1
Sq Ft Source Approximate
Sq Ft Total 1657

Exterior Features

Garage Parking Info Paved, Driveway, Off Street Parking
Parking Total Spaces 8
Road Frontage Description State Road
Sewage System Public Sewer Connected
Water Source Public Water Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 06776

Price
AVG $120K
$120K
Visits
AVG 58
23
Walkscore
AVG 43
69
Data Provided by Walkscore ® not using MLS data

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