Levi Teal got tired of storing his bike shop’s inventory in his own basement.
The owner of Yawp Cyclery at 2521 Sheridan Blvd. in Edgewater said he outgrew the shop’s 2,000-square-foot space about two years ago.
So, this month he purchased a 5,500-square-foot building at 7390 W. 38th Ave. in Wheat Ridge for $1.3 million, according to property records. Teal said he hopes to move out of his original space and into the new one in the next three months.
“Bike shops are such a low margin business, and we did look at renting other spaces, but it was just out of our price range. So, we’ve been looking for places to buy for the last two years,” Teal said. “Our current space is situated in an old house and has a bunch of stairs in it. So, we’re ready to be done lugging bikes up and down stairs all day.”
Teal opened Yawp Cyclery, which references the Walt Whitman poem “Song of Myself,” in its current location in 2014. The shop specializes in the Surly brand, which is Teal’s favorite, and also sells brands Salsa Cycles and Fairdale Bikes.
Yawp’s bikes, which include mountain and commuter varieties, range from $750 to $2,500, Teal said. The shop also sells some bike packing accessories and offers bike repair services, which became a larger focus for the store during the pandemic and forced them to move inventory elsewhere, like Teal’s basement.
Teal still has two years left on his lease for his old space, but said the landlord is working on a deal with him to get out early.
Yawp Cyclery’s new location has been vacant for a few years, so Teal plans to spruce up the facade, open up a couple walls and replace some flooring and windows. But he’s really just excited to clear out his house and add some more inventory, including new brands and more offerings from the ones they carry.
“It was important to me to stay as close to our current location as possible,” Teal said. “We have an incredible community, and I don’t want to abandon them. I think we’ll be able to do everything more efficiently, and be able to come closer to hitting the vision of what I always wanted the shop to be.”
Axio Commercial Real Estate broker Brian Frank represented Teal in the purchase.
Levi Teal got tired of storing his bike shop’s inventory in his own basement.
The owner of Yawp Cyclery at 2521 Sheridan Blvd. in Edgewater said he outgrew the shop’s 2,000-square-foot space about two years ago.
So, this month he purchased a 5,500-square-foot building at 7390 W. 38th Ave. in Wheat Ridge for $1.3 million, according to property records. Teal said he hopes to move out of his original space and into the new one in the next three months.
“Bike shops are such a low margin business, and we did look at renting other spaces, but it was just out of our price range. So, we’ve been looking for places to buy for the last two years,” Teal said. “Our current space is situated in an old house and has a bunch of stairs in it. So, we’re ready to be done lugging bikes up and down stairs all day.”
Teal opened Yawp Cyclery, which references the Walt Whitman poem “Song of Myself,” in its current location in 2014. The shop specializes in the Surly brand, which is Teal’s favorite, and also sells brands Salsa Cycles and Fairdale Bikes.
Yawp’s bikes, which include mountain and commuter varieties, range from $750 to $2,500, Teal said. The shop also sells some bike packing accessories and offers bike repair services, which became a larger focus for the store during the pandemic and forced them to move inventory elsewhere, like Teal’s basement.
Teal still has two years left on his lease for his old space, but said the landlord is working on a deal with him to get out early.
Yawp Cyclery’s new location has been vacant for a few years, so Teal plans to spruce up the facade, open up a couple walls and replace some flooring and windows. But he’s really just excited to clear out his house and add some more inventory, including new brands and more offerings from the ones they carry.
“It was important to me to stay as close to our current location as possible,” Teal said. “We have an incredible community, and I don’t want to abandon them. I think we’ll be able to do everything more efficiently, and be able to come closer to hitting the vision of what I always wanted the shop to be.”
Axio Commercial Real Estate broker Brian Frank represented Teal in the purchase.