Brand New Corporate Hangar

Listing Number: 67564023 | Johnstown, PA US | Johnstown-Cambria County Airport Authority 0 Seller's Other Auctions

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Auction Ended:

Final Bid:

$1,000.00

Bids:

3 Bids

Reserve Not Met

Auction Details

Starting Bid: $500.00
Current Price: $1,000.00
Buy Now Price	$0.00
Reserve Price Not Met
Buyer's Fee: 9.00%

Start Date
End Date	[Extended]
Bid History	3 Bid(s)
High Bidder	S*******7
Page Views	4028

Item Description

Brand New spacious corporate hangar ready to be leased at the Johnstown Airport (KJST), located in Johnstown, PA. The hangar is located inside the security fence of the Airport. The hangar is equipped with utilities (electricity, water, sewer, and gas), which the hangar tenant is responsible for paying. Hangar has an HVAC system and restroom. The hangar can comfortability house a small corporate jet or 2-3 smaller aircraft. Approx. 4,030 square feet. Hangar Dimensions: 64.5-feet by 18-feet clear hangar door height, and 62-feet depth. The winning bidder will execute a 2-year hangar lease, with additional yearly optional renewals. Interested bidders may view the hangar, if desired, by contacting the Airport Authority office at 814-536-0002 extension 2.

Tenant may not sublet the Tenant’s hangar to a third party for aircraft storage and/or for aviation related business activities without Landlord’s prior written consent, which may be unreasonably withheld

-Added: 9/20/2024 2:00:01 PM

Additional information on this Auction

Will Item results be voted on	No
Will you ship this item	No. Pickup only.
In person item inspection information	Hangar inspection may be scheduled by contacting the Airport Authority's office at 814-536-0002 extension 2.
Pickup Location Details	N/A

Questions/Answers Ask the seller a question about this auction.

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Q:	"Does this have to be used for aircraft storage?" - Asked by #565726 09/14/2024 01:49 PM
A:	The hangar must be use for aircraft storage and/or for an airport related business use of its own -Answered on 09/16/2024 07:26 AM
Q:	"Can I sublease to other people and does it have to be aircraft" - Asked by #67000818 09/14/2024 04:14 PM
A:	Tenant may not sublet the Tenant’s hangar to a third party for aircraft storage and/or for aviation related business activities without Landlord’s prior written consent, which may be unreasonably withheld. -Answered on 09/16/2024 07:26 AM

Item location This location is a general area based on the sellers zip code. It is not the specific address where the item is located.

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Our Buyers Fees

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All Buyers fee's are aggregate unless otherwise noted. This means after you cross certain price thresholds you will pay a different buyers fee for the remaining amount. See below for an example.

Example:

If buyers fee is 8% for bids up to $99,999.99, 5% for bids $100,000 - $499,999.99, and 4% for bids over $500,000.

Winning bid: $50,000: = Buyers fee: $4,000 (8% of $50,000).
Winning bid: $150,000: = Buyers fee: $10,500 (8% of $100,000 = $8,000) + (5% of $50,000 = $2,500).
Winning bid: $550,000: = Buyers fee: $30,000 (8% of $100,000 = $8,000) + 5% of $400,000 = $20,000) + (4% of $50,000 = $2,000).

Where can I see what the buyers fee is?

The current buyers fee will always be shown on the page of the listing under the current price in both the bid area and auction details area. You will also see the buyers fee amount you will pay for your entered bid on the page where you confirm your bid.

What if the selling agency rejects my bid?

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Bidding Increments

Please Note: Bid increments automatically adjust based on the level of the current bid. The increments are as follows:

If amount is greater than or equal to	The bid increment will be
$0.00	$1.00
$100.00	$10.00
$500.00	$25.00
$1000.00	$50.00
$2500.00	$100.00

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