Airplane/ Helicopter Hangar Airport Investment Property Start Price USD 72,900.00 Current Price USD 72,900.00 Time Left - Bid Count 0 Buy It Now Price USD 74,900.00 Reserve Price - Start Time Friday, November 28, 2008 End Time Thursday, December 11, 2008 Location East Taunton, MA See more about 'Airplane/ Helicopter Hangar' Description Please Note:  We are reducing the price, and taking the potential loss.  There can be no incentives at this lower price. If the bid goes up to near the previous price incentives are possible.  This is a real bargain!   This Auction is for 1 (one) 60’ X 60’ (3,600 sq. ft.) steel aircraft hangar (Building 30) located in East Taunton, Massachusetts.  The Hangar is situated on the northwest end of the Taunton Municipal Airport (KTAN), adjacent to turf runway 4-22.  It is about 200 feet to the right of the approach end of runway 22.  The full address is: Taunton Municipal Airport, King Field; Westcoat Drive - P.O. Box 441; East Taunton, MA 02718-0441.     Construction is steel arch, similar to Banyan Steel Hangars.  The building is constructed on and anchored to a 60’ X 60’ X 6” reinforced concrete slab.  The lot is raised and not subject to flooding.  Hangar door is 36’ X 12’ Schweiss Bi-Fold with integral personnel access.  The rear wall is reinforced with steel channels at every joint.  The building withstands high winds.  There are 3 turbine ventilators in the ceiling of the building.   Airport Land Lease is 90’ X 90’ plus 30’ X 60’ ramp area in front of building.  Access is owner controlled by gate key from highway.  Access road is built up, smooth and allows full time availability to building.  Annual lease is $1,534.50 through December 31, 2009.   This building was erected in 2006 and was purchased by the owner in 2007.  (Note: The dates on the pictures are erroneus due to setting at the time of pictures not being current.  The building is new).  The building stores aircraft and aircraft related items.  A 20-year land lease would be provided to the new owner upon purchase.  There are currently 2 clients utilizing hangar space for 4 light sport aircraft.  The hangar will easily accommodate 6 aircraft.  This is an attractive opportunity for investment.  Taunton’s 4-22 turf runway is ideal for an aerial advertising business.  There are full fuel and major maintenance services on the field.  Fence, and controlled access gates secure the field.  (Note to prospective buyers:  Taunton Airport is poised for growth.  The Capital Improvement Program (CIP) for 2009 includes improvement to runway 4-22 and the taxiway access.  Additional development is being looked at southwest of 4-22 as well as the area adjacent to this building).    There is no financing by the owner.  Serious offers only.  The opening bid is $72,900.00 and a $3,000.00 deposit is due within 48 hours.  The balance of sale is due within 7 business days.  The auction is for 30 days, however, we have the right to consider a reasonable bid and terminate the auction before the 30 day period ends.  Payment arrangement is by wire transfer into our account.  Buyer will receive free and clear title to facility.  The facility will be vacated except for stated items and existing aircraft.  Terms for existing aircraft will be negotiated at the time sale.  There are no leases or contracts with the parties utilizing the spaces.    The building can be toured at any time by contacting the owner at the following numbers:  508-224-4216 & 774-721-6195 We look forward to selling this extremely durable building to some fortunate customer.  The Airport Manager is Dan, and he’s at 508-821-2973.  Please  contact Dan for more information if you desire. Place a Bid!