12
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Listed by Coldwell Banker Professional
$75,000
Est. payment /mo
884 SqFt
Active
McMinnville Airport #D-3 Mc Minnville, OR 97128
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 884 sqft
Price per Sqft $84
MLS Listing ID 433007715
Year Built 1997
Annual Tax Amount $490
Tax Year 2025
Lot Size 1,306 Sqft
Property Sub-Type Other
Property Description
Aircraft hangar located at McMinnville Municipal Airport (KMMV), Unit D-3, offering on-field access and proximity to established aviation businesses. T-Hangar features a wide sliding door with approximately 40'6" width and 10'4" height clearance, concrete slab floor, clear-span interior, insulated wall panels, fluorescent lighting, and 20-amp electrical service. Exterior pedestrian access door and paved apron/taxi access in front of hangar. Ground lease with the City of McMinnville in place through 6/30/2032, with open-ended 5-year renewal options per lease terms. Annual land lease adjustments based on CPI-W (currently 2.8%). Annual HOA dues of $750 include land lease, insurance, and basic utilities. Hangar row includes exterior water faucets. Per lease agreement, hangar use is restricted to aeronautical purposes, specifically aircraft parking and storage. Located within the active KMMV airport environment alongside general aviation, commercial aviation, maintenance, and helicopter operations. Convenient access to McMinnville city center and nearby aviation landmarks, including the Evergreen Aviation & Space Museum. Opportunity to secure long-term aircraft storage at a growing regional airport in Yamhill County.
Location
State OR
County Yamhill
Area _156
Zoning M-2
Interior
Heating None
Cooling None
Exterior
Roof Type Metal
Garage No
Building
Story 1
Sewer Other
Water Community
Level or Stories 1
Others
Acceptable Financing Cash
Listing Terms Cash
NEARBY SCHOOL & BUSINESS
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