Presented By: Fort Collins Real Estate, LLC; 9702228136
MLS# 1033807
05/13/2025
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Home Details
Highly sought after, well maintained, and very clean West facing box hangar (not just a T hangar). A full box hangar makes it much easier to get your airplane in and out with extra space for your tools. 1364 total square footage. This is a rare find at the Fort Collins Loveland Airport (FNL). Featuring eat off the floor clean epoxy flooring, pegboard for tools & organization, and other necessities. Excellent clear height of 12.5' on the overhead bi-fold door, with 40 ft 9" clear width and depth of 33' 6". This great hangar unit is super clean and is perfect for storing your airplane right by the runway. Has a very high quality Schweiss motorized bi-fold door with overhead radiant heat, insulation, and drywall (where others don't). Great condition and won't last long! The quarterly FNL Condo Association dues are only $268.73 and covers insurance for the structure, the land lease to City of Loveland, all snow removal, and port-o-pottie restrooms facilities. Land Lease initial term expires 5/1/2026 with the option to extend the term for THREE additional periods of Five (5) years each. The airport is growing and recently added a new passenger terminal and ATC tower services. There is no reason the Lease won't be extended for many more decades to come. Run don't walk!"
Presented By: Fort Collins Real Estate, LLC; 9702228136
Interior Features for 5050 Grumman St 4
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
General for 5050 Grumman St 4
Attached Garage No
Business TypeUnincorporated Area
Cap Rate-1.02
CityLoveland
Construction MaterialsMetal Siding
CoolingNone
CountyLarimer
ElectricElectric, PVREA
Elementary SchoolHigh Plains
ExclusionsNone
Garage Y/NNo
Gas Y/NNatural Gas, None
Gross Income
HOANo
HeatingRadiant
High SchoolMountain View
High School DistrictThompson R2-J
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet1364
Lot Size UnitsSquare Feet
MLS AreaLoveland/Berthoud
Net Operating Income-2544.92
New ConstructionNo
Operating Expense2544.92
Possible UseCommercial or Industrial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeSale: Commercial/Industrial
Property TypeCommercial Sale
RoofMetal
Senior Community Y/NNo
SewerNo Water/Sewer
Standard StatusActive
StatusActive
Subdivision NameFnl Condo
Tax Annual Amount1470
Tax Year2024
Tenant PaysNone
Unit Number4
UtilitiesNatural Gas Available, Electricity Available
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