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MLS Number: 172752
List Price: $225,000
Street #: 3rd
Address: Helms - Mueller Rd
City: Lake Clear
Zip Code: 12945
Year Built: 1988
Apx Total SqFt: 6000
Building Style: Industrial Building
Area: Lake Clear, Upper Saranac Lake
Apx Acreage: 0.01
Lot Dimensions: 120 x 166.92
Remarks: This is an airplane/ helicopter hangar at the Adirondack Regional Airport. For sale is a Lease-Hold Interest with Sub-Lease. The hangar is currently sub-leased to the NYS Police. The seller owns the building and leases the land it sits on from the Town of Harrietstown. The NYS Police lease was just renewed for 10 years and runs through 10/31/2029. Income is fixed at $40, 343 per year through lease duration.. Maintenance expenses are the 4 year average through 2020. 2019 expenses were higher than usual due to having to replace both roofs in 2019. Unique terms exist for as long as the NYS Troopers remain as tenant. Extraordinary assumptions apply. Call listing agent for details. Hanger door clearance 18'6". I think it's worth noting that the owners are completely uninvolved. The maintenance figure could be considerably lowered if the more routine projects were to be done by the owner.
Construction: Metal Siding
Amenities: Break Room, Handicap Access, Sprinkler System, Overhead Doors
Sale Includes: Equipment, Fixtures, Furniture
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