Located in Lander, Wyoming, this impressive 8,000 sq. ft. red iron span airport hangar presents a rare investment opportunity in a high-demand aviation market. Constructed in 2010, the hangar is currently operating as both a revenue-generating asset and a fully functioning aircraft maintenance facility.
Land
Expertly designed to maximize space, the hangar has historically housed a variety of aircraft, including four Aztec twin-engine planes, a King Air, and up to eight single-engine aircraft. The facility is equipped with a 20’ x 60’ bi-fold Schweiss door system, renowned for its reliability and ongoing support with available replacement parts.
Inside, the layout offers exceptional flexibility, featuring a spacious upper-level storage area and a dedicated lower-level section for parts and equipment. This is one of the few hangars in the region with full water, gas and sewer connections, su...
Inside, the layout offers exceptional flexibility, featuring a spacious upper-level storage area and a dedicated lower-level section for parts and equipment. This is one of the few hangars in the region with full water, gas and sewer connections, supporting an on-site kitchen, bathroom, and enabling aircraft and equipment washing capabilities.
In compliance with the city’s land lease requirements, the hangar must be actively used by an aircraft for a minimum of seven months annually. The current owner leases approximately one-quarter of the space to a medical operation, with a long-term 7 lease with annual inrcease increments for an additional seven yearsproviding a strong, stable income stream.
Operational costs are efficiently managed, with gas and electric utilities capped at $100 per month for the owner, and overages billed to the tenant. The land lease is affordably priced at $1,300 per year and includes a 15-year renewable term.
Combining income potential with personal utility, this property offers a unique opportunity for investors or aviation professionals seeking a versatile and strategically located asset within the aviation and medical support sectors.
General Operations
The current renter supports this property as an income-producing asset while also ensuring any future owner remains in compliance with the city’s lease requirement by maintaining aircraft usage of the hangar for a minimum of seven months each year.
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