4022 Airport Way

    East Wenatchee, WA 98802
    • $142,450
    • STATUS: Closed
    • ON SITE: 257 days
    • MLS #: 714927
    Sold - 08/27/2018
    $142,450
    SOLD - 08/27/2018
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,800
      SQFT
    • $30
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Listed for sale is a LEASEHOLD INTEREST. This is personal property with no insurable real estate! This is a Pangborn Lease of a 70' x 90' hangar site together with a 60' x 80' hangar at Pangborn Memorial Airport. Pangborn MUST approve buyer & agree to lease assignment/new lease. RESTRICTED TO AVIATION RELATED USE. Sale will include ''Reversion Property'' as detailed in lease with Pangborn. Lease payments to Pangborn are 2018 $1,751.40/yr + 12.84% leasehold tax; 2019 $1,801.80/yr + 12.84% tax. Lease included in documents. THIS WILL LIKELY REQUIRE CLOSING THROUGH LEGAL COUNSEL AS PERSONAL PROPERTY!Owner has operated a light manufacturing business (powered parachutes) at this location. 2017 expenses for the hangar were estimated to be: - Insurance $1,251 - Property Taxes $2,314 - Utilities $3,936 - Pangborn Lease $1,919 With 4,800 SF of hangar space, this is just under $2/SF/Yr (est) operating cost. Subject is not connected to sewer or septic. Owner has paid for a rented toilet & service through utility expenses.

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    © 2018 North Central Washington Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nick McLean Real Estate Group.
    www.sellingwenatchee.com/homes/80449171

    4022 Airport Way East Wenatchee, WA 98802

    • Price: $159,000
    • Status: Closed
    • Updated: 104 min ago
    • MLS #: 714927
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,800
    SQFT
    $30
    $/SQFT
    Neighborhood:
    East Wenatchee
    County:
    Douglas
    Area:
    East Wenatchee
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    Property Description
    Listed for sale is a LEASEHOLD INTEREST. This is personal property with no insurable real estate! This is a Pangborn Lease of a 70' x 90' hangar site together with a 60' x 80' hangar at Pangborn Memorial Airport. Pangborn MUST approve buyer & agree to lease assignment/new lease. RESTRICTED TO AVIATION RELATED USE. Sale will include ''Reversion Property'' as detailed in lease with Pangborn. Lease payments to Pangborn are 2018 $1,751.40/yr + 12.84% leasehold tax; 2019 $1,801.80/yr + 12.84% tax. Lease included in documents. THIS WILL LIKELY REQUIRE CLOSING THROUGH LEGAL COUNSEL AS PERSONAL PROPERTY!Owner has operated a light manufacturing business (powered parachutes) at this location. 2017 expenses for the hangar were estimated to be: - Insurance $1,251 - Property Taxes $2,314 - Utilities $3,936 - Pangborn Lease $1,919 With 4,800 SF of hangar space, this is just under $2/SF/Yr (est) operating cost. Subject is not connected to sewer or septic. Owner has paid for a rented toilet & service through utility expenses.
    Exterior Features

    Buildings 1 Lot Size 6300 Waterfront No

    Interior Features

    Stories 1 Womens Restrooms Buyer To Verify

    Property Features

    City Limits YN No Commercial Type Other Flood Zone No REO No Septic None Sewer YN No Short Sale No Sq Ft Source Estimated Sub Cities N/A Taxes 176 Terms Cash Zoning Airport

    Listing provided courtesy of Brad Allen of Sage Real Estate Llc.
    © 2018 North Central Washington Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nick McLean Real Estate Group.
     
    Nick McLean Real Estate Group
    29 S. Wenatchee Ave.
    Wenatchee WA, 98801