Building Details

Year Built 2025

Tenancy Multi

Listing Agency: AiCRE Partners

Listed By: Kaveh Ebrahimi · License #CA 01896322

Source: Crexi

Added: Mar 7 Changed: Aug 8 Last Checked: Aug 9 at 12:11PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AiCRE Partners

Investment Insights

Based on property information with market context.

This rare offering consists of two newly constructed, on-airport T-hangar buildings totaling 18 units and approximately 21,000 square feet at Columbia Gorge Regional Airport (KDLS). Eleven standard hangar bays measure 42’ W x 25’ D, and seven corner units include approximately 300 additional square feet. The hangars feature sliding doors and offer direct apron and taxiway access. The asset benefits from a low-cost maintenance and operating structure, with some tenants responsible for utilities, insurance, CAM, leasehold taxes, and administrative costs resulting in low ownership overhead. T-hangars on publicly owned airports rarely come to market due to limited new construction, and increasing rental rates combined with long-term, low-cost ground leases position the asset for steady revenue growth over time. Industry surveys indicate 71% of general aviation airports report shortages of individual hangars, while 55% report having land but lacking the resources to deliver new supply creating a persistent imbalance between demand and inventory. Locally, KDLS and surrounding airports maintain formal waiting list processes, and aviation publications report approximately 50 pilots waiting for hangar space alongside significant interest in the 18-unit development supporting rapid stabilization.

Key Highlights

• Newly constructed (2025) T‑hangar buildings totaling 18 units (approximately 21,000 sq ft) at Columbia Gorge Regional Airport (KDLS).
• High demand for hangar space due to national shortages and local waiting lists at KDLS and surrounding airports.
• Direct apron and taxiway access via sliding doors.

Property Analytics

Property Profile

Current Use

Columbia Gorge Regional ... Airport

Location Intelligence

Trade Area within ½ mile

39

Businesses Nearby

Explore this area Business Placement

Demographics for 98617, WA

1,183

Population

543

Households

2.2

Avg Household Size

49

Median Age

19%

College-Educated

86%

High-School Grad

17.2 sq mi

ZIP Area

69

Density / Sq Mi

$67,313

Median Household Income

$43,029

Median Earnings

$1,419

Median Rent

$363,100

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this aviation real estate located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Aviation real estate - Two newly constructed on-airport T-hangar buildings totaling 18 units.

Where is this aviation real estate located?

The property is located at 45 Airport Way Dallesport, WA.

What is the asking price?

The asking price for this property is $1,863,000.

What are key features of this property?

This property features: Newly constructed (2025) T‑hangar buildings totaling 18 units (approximately 21,000 sq ft) at Columbia Gorge Regional Airport (KDLS).; High demand for hangar space due to national shortages and local waiting lists at KDLS and surrounding airports.; Direct apron and taxiway access via sliding doors.