C180_guy wrote:..... I never had a problem finding hangar space over the past 20 years ......
I've been based at my airport in western WA for over 25 years,
and hangar space has always been hard to come by.
They've been a number of private hangars built during that time,
with space for close to 100 airplanes, and hangars are still hard to come by.
It usually takes a while to sell all the units when a new building is built,
then there's a shortage again.
Recently the airport shook things up by enforcing the "hangars are for airplanes" rule,
after which several hangars came up for sale or rent.
FWIW the standard deal here is a 50 year ground lease, after which the improvements (building) revert to the airport.
But that hasn't happened yet-- leases that have expired have been extended / reissued instead.
Current standard lease rate for the hangar pads are $.07 / sq foot / month based on the building footprint.
All the hangars have power, the newer ones have water.
The going rate to buy a used hangar is anywhere from $50K up to 80.
They generally rent out for about $350 a month.
If anyone wants to build a hangar here, they should contact the Port of Port Townsend at 360-385-0656.
But be advised, although it seems contrary to their interestes,
the powers-that-be don't seem to want to make it easy for anyone to build a hangar.
Neither does the building department.
And constructions costs are sky-high these days.
That's why a lot of people have talked about building hangars,
but only one seems to be following through.