McMinnville Airport Unit #H-8, McMinnville, OR 97128

Listing Courtesy of Coldwell Banker Professional.

$75,000
1,098
SqFt

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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 40'4' wide x 12'2" tall sliding door Existing Lease Agreement with City of McMinnville expires 5/31/2035 with a 5 year option to renew. HOA dues of $898 pay land lease, insurance and basic utilities. Land lease increases annually based on the CPI-W for Portland, OR, forthe period July 1 to June 30. Per Lease section 2, hangar must be used for aeronautical purposes and specifically for the purpose of parking and storing aircraft. Hangar row has outside water faucets available.

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