1910 Vision St Bismarck, ND 58504
This exceptional 1,197 sq ft private hangar, built in 2017, is situated within the Bismarck Municipal Airport's restricted area, offering unparalleled convenience and security. Accessible via Executive Air FBO or a private entrance (security clearance required), this hangar boasts a 42-foot by-fold door with opener, a walk-in door, insulation, heating, lighting, a ceiling fan, bathroom, water, floor drain, epoxy flooring, outlets, and natural gas hookup. The hangar is connected to the runway by a paved taxiway, allowing for direct access to your aircraft. A well-established HOA manages exterior maintenance, including snow removal, exterior insurance, and city lease payments. Refueling and service are readily available on-site. The hangar is currently generating rental income at a daily rate of $300, inclusive of shuttle service within city limits. Showings require an escort due to the restricted access. The property is zoned for public use (P) and is suitable for various aircraft types, including Cirrus SR22, G2 Vision, Beechcraft Bonanza, Cessna, and Piper models. The Bismarck Municipal Airport encompasses 2,425 acres with two asphalt runways (8,794 x 150 ft and 6,600 x 100 ft). This is a rare opportunity to own a secure and well-equipped private hangar at a major airport. Asking price: $375,000.
Cap rate
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