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29502 S Meridian Rd - Lenhardt Airpark

85,695 SF Specialty Building Offered at $3,275,000 in Hubbard, OR 97032

Investment Highlights

  • Privately owned, public use airport
  • In the the heart of the Willamette Valley
  • 3,200 ft paved runway

Executive Summary

Lenhardt Airpark is available for sale, featuring leased hangars and two acres of land available for development. This privately owned, public use general aviation airport features a 3,200 foot runway, over 75 total hangars and a small operations office. Common areas, club house and Friday hangar-talk create a strong sense of community for aviation enthusiasts.
Of the total hangars, 70 have been leased in long term leases. The remaining hangars are owned by airport's ownership and are leased on
a month-to-month basis.

Property Facts

Price $3,275,000
Price Per SF $38
Sale Type Owner User
Property Type Specialty
Property Subtype
Airport
  • Specialty Airplane Hangar
Building Class C
Lot Size 26.19 AC
Building Size 85,695 SF
No. Stories 1
Year Built 1960

zoning

Zoning Code EFU
EFU
  • Listing ID: 32971428

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 29502 S Meridian Rd, Hubbard, OR 97032

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