6 Fisherman Hop St Willow, AK 99694
This exceptional 2,500-square-foot hangar is situated directly on the runway of a secure, gated airport community encompassing over 184 acres. The property boasts frontage on three lakes, providing access to over 200 acres of water, as well as Caswell Creek frontage and a community park. Over 40 acres of common-use land are also available within the community, and strong community covenants, conditions, and restrictions (CCRs) ensure long-term investment value. The hangar itself features 16-foot ceilings, two exterior man doors, and a substantial 44x16-foot Hydra-lift door with a 15'5" clearance. Constructed with 26-gauge metal siding (with spray urethane added by the previous owner), the hangar includes a 4,000-lb aircraft lifting point. The ground floor offers a bathroom with a shower, a janitor sink, an exterior spigot, and ample electrical service and lighting. A propane-forced air overhead shop heater is also included. Window features include two hangar-style windows, two egress windows, and one 6'3.5" window on the second level. The roof boasts a 5/12 pitch with 2' overhangs, complemented by smart lap siding (primed only) and a 26-gauge standing seam metal roof. The foundation consists of concrete footings, a perimeter wall, and a finished 5-inch concrete slab reinforced with rebar. The unit is pre-wired for electrical power and lighting. All site work is complete per the plot plan, including a well extending to 125' and a septic system. Please note: insulation, vapor barrier, and drywall are excluded. The 0.46-acre lot provides ample space. This property presents a unique opportunity for aircraft owners and businesses seeking a prime location in a well-maintained community. The asking price is $495,000.
Cap rate
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