Hangar 11 - Sechelt Airport Sechelt, BC

• 6 bay aircraft hangar at Sechelt Airport on BC's beautiful Sunshine Coast
• Built in 2009, building features concrete floors, fire suppression, metal roof and siding and municipal services with 200 Amp electrical
• Ownership tenure is through a License with the District for 20 years plus 2 five year extensions effective as of December 2008 (2 years plus 2 x 5 year extensions remaining). Renewal of the License is highly likely
• Hangar is currently leased out to general aviation aircraft
• Hangar fronts onto two taxiways
• Low annual lease costs
• 4 large sliding Hangar doors, multiple man doors with potential to build out an office if required

Hangar 11 is a well constructed 6 bay, non-demised aircraft hangar at the Sechelt Airport on the Sunshine coast.  Built in 2009, this hangar features concrete floors, metal cladding and roof, full fire suppression system, and municipal power and water.  Currently rented out to general aviation users, the hangar provides approximately $32,400 in gross revenue per year.  Offered at $550,000 for the entire building, this represents less than $100,000 per bay, which is on par or slightly below similar hangar values for non-towered and towered airports in BC.  Hangar space is at a premium on most fields in BC. The current license has 12 years remaining, with the expectation that it will be renewed.  The airport is operated by the District of Sechelt, the underlying land is owned federally. Please note, aviation use only.