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355 Proctor st 13,696 SF Specialty Building Offered at $1,200,000 in Lock Haven, PA 17745

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EXECUTIVE SUMMARY

A chance to own an immaculate hangar at William T. Piper Memorial Airport, in central Pennsylvania. This massive 13,000 + sq/ft structure can house multiple aircraft at one time with room to move around. 80' x 20' door leading in, plus an additional 60' x 20' rear door. The building is fully insulated and heated with 2 industrial gas heaters. The tower/bunker offers shop space, living area with kitchen and full bath, additional loft for bunkhouse. This area is heated with a gas heat pump and cooled with central A/C. The airport is equipped with two parallel runways with 24 hour access. Home to AvSports of Lock Haven, a flight school and the Piper Aviation Museum. Conveniently located within less than an hour of Penn State University. The ground the building sits on is fully leased - this is a sale of the building infrastructure only!

Marketing Flyer

PROPERTY FACTS

Price	$1,200,000	Lot Size	1.13 AC
Price Per SF	$87.62	Building Size	13,696 SF
Sale Type	Investment or Owner User	No. Stories	3
Sale Conditions	1031 Exchange Ground Lease (Leasehold) Ground Lease (Leased Fee)	Year Built	1999
Property Type	Specialty	Parking Ratio	0.73/1,000 SF
Property Subtype	Airplane Hangar	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	Industrial Park Airport

Price	$1,200,000
Price Per SF	$87.62
Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange Ground Lease (Leasehold) Ground Lease (Leased Fee)
Property Type	Specialty
Property Subtype	Airplane Hangar
Building Class	C
Lot Size	1.13 AC
Building Size	13,696 SF
No. Stories	3
Year Built	1999
Parking Ratio	0.73/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Industrial Park Airport