Fraud Blocker

McMinnville Airport Unit #D-3, McMinnville, OR 97128

$47,000
884
SqFt
Sold Price
$47,000
List Price
$50,000

Property Description

Highly sought after McMinnville airport hangar. McMinnville is home to the Spruce Goose at the the Evergreen Aviation Museum in the heart of wine country. Hangar size is 40'6' wide x 10'4" tall sliding door Existing Lease Agreement with City of McMinnville expires 6/30/23 with a 5 year option to renew. HOA dues of $700 pay land lease, insurance and basic utilities. Land lease increases annually based on the Portland CPI-W, currently 3.2%. Per Lease section 2, hangar must be used for aeronautical purposes and specifically for the purpose of parking and storing aircraft. Outside water faucets. All offers to be reviewed Feb 13th. Response by 5pm on Feb 14th.

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Listing courtesy of Coldwell Banker Professional. Selling Office: Coldwell Banker Professional.

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