Share This Listing

Message

955 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Six-building hangar portfolio totaling 74 individual units at Crystal Airport.
  • Includes heated options, large hangars, and a mix of standard and end units.
  • Operates within a busy general aviation airport with FAA tower control and MAC oversight.
  • Strategic location just 10 miles northwest of downtown Minneapolis.
  • Features electric bi-fold doors, separate partitions, pedestrian access, and power connection.
  • Excellent accessibility to major freeways, supporting strong demand for storage and usage.

Executive Summary

This offering presents a unique opportunity to acquire a six-building aircraft hangar portfolio strategically located at Crystal Airport (KMIC) in Crystal, Minnesota. Situated just 10 miles northwest of downtown Minneapolis, Crystal Airport serves as a key general aviation hub and a designated reliever airport for the Minneapolis–St. Paul International Airport (MSP). Managed by the Metropolitan Airports Commission (MAC), the airport spans 436 acres and features multiple asphalt and turf runways with a full-service FAA-operated control tower, ensuring smooth operations and steady demand for aircraft storage. The portfolio consists of 74 hangar units across six buildings, offering a diverse configuration that includes 54 standard T-hangars, 14 end unit hangars, eight heated hangars, and four large hangars. Each unit is equipped with electric bi-fold doors, pedestrian access, concrete or asphalt flooring, and dedicated electrical service. Heated units provide an added advantage for year-round aircraft protection, with gas utilities available in select hangars. This portfolio is ideally suited for both private investors and aviation-focused operators seeking a stable income asset within a high-traffic general aviation market. With proximity to major highways such as Interstate 94 and Highway 169, as well as nearby urban amenities, this property combines operational convenience with long-term growth potential in one of the Midwest’s most active aviation corridors.

Property Facts

Sale Type Investment
Property Type Specialty
Property Subtype Airplane Hangar
Building Class C
Lot Size 281.10 AC
Building Size 319,200 SF
No. Stories 1
Year Built 1960
Parking Ratio 2.62/1,000 SF
Parcel Number 04-118-21-11-0001

Amenities

  • Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 40427606

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 5800 Crystal Airport Rd, Crystal, MN 55429

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}