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$350,570
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Property Description
Rare Fee Simple Aircraft Hangar on Private Airport with Public Access at Meadow Lake Airport (KFLY). This 3,428± SF hangar offers an exceptional opportunity for aircraft owners and aviation businesses alike. Featuring an estimated 44'-wide electric bi-fold door (approximately 14.5-ft door height), the hangar easily accommodates a variety of aircraft configurations. The space includes a heated office, providing year-round comfort for operations, planning, or administrative use. Fee simple ownership ensures full property rights-no ground lease. Located on a well-maintained private airport with public access, allowing convenient arrivals and departures without ownership restrictions. Ideal for private aviation, storage, maintenance, or investment. A unique offering for pilots seeking long-term ownership and operational flexibility. BUY ONE OR TWO! 7989 Cessna Dr. Unit 1 is also for sale (hangar that adjoins Unit 2 on the west side of the hangar is for sale as well but has a current tenant). Unit 1 will be available for access by Paeleigh Reid at 719-510-4632. Unit 1's price is $355,000 and is 3,322 SF. Current tenant in Unit 1 pays $1,800.00 per month. Unit 1 has an 48-foot (estimate) electric bi-fold door with approximate door height of 14.5-feet. Both properties are zoned R-4 with an Aviation Overlay. Please call Paeleigh Reid at 719-510-4632 for earnest money specifics if buying both properties. Square footage is approximate. Buyer to measure independently and conduct all due diligence to satisfaction of Buyer. PLEASE NOTE: THOUGH THE MLS REQUIRES BROKER TO INDICATE A WASTE WATER SOURCE, NONE IS EXISTING ON THE PROPERTY FOR EITHER UNIT 1 OR UNIT 2.
Full Property Details
Full Property Details for 7989 Cessna Dr #2
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General
- Sold For: $350,570
- Taxes: $2,607 (2024)
- Status: Closed
- Type: Commercial
- Source: MetroList_Colorado
- MLS ID: 2699591
- Added to Site: 35 day(s) ago
Parking
- Parking Features: Concrete, Exterior Access Door, Oversized Door
Location
- County: El Paso
- Driving Directions: From Judge Orr Rd./Hwy. 24, go east on Judge Orr Rd. Follow just past the big red barn on the right. Turn right on Cessna Dr. and go through the airport gate. Proceed on Cessna Dr. to Airpark Heights. Turn left on Airpark Heights. Follow to the end.
Community
- Pets Allowed: Yes
Utilities
- Sewer: Septic Tank
- Utility Description: Electricity Connected
Structural Information
- Construction: Metal Frame, Metal Siding
- Roof: Metal
- Square Feet: 3,428
- Current Bldg. Use: Automotive, Commercial, Transportation
- Year Built: 1998
Lot Features
- Frontage: Easement, Private Road
- Street/Road Desc.: Paved
- Zoning: R-4 GA-O
Financial Considerations
- Tax Amount: $2,607
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Documents Avail.: HOA Docs Available
- Legal Description: CONDOMINUM UNIT 2, 7989 CESSNA DRIVE HANGAR CONDOMINIUMS, ACCORDING TO THE DECLARATION RECORDED 6/11/07, REC #207078768, AND AS DEFINED & DESCRIBED IN THE CONDOMINIUM MAP RECORDED 6/12/07, REC #207600829, OF THE EL PASO COUNTY RECORDS
- Exclusions: All tenant and owner personal items.
- Property ID: 43040-01-131
Listed by Reid Realty, Inc.
Sold by Non-IRES
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Schools
Schools serving 7989 Cessna Dr #2
School District:Falcon School District 49
| Name | Grades | Distance |
|---|---|---|
Falcon Elementary School Of Technology 12050 Falcon Highway, Falcon, CO 80831 | PK-5 | 2.5 mi |
Falcon Middle School 9755 Towner Avenue, Peyton, CO 80831 | 6-8 | 3.3 mi |
Falcon High School 10255 Lambert Road, Peyton, CO 80831 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
7989 Cessna Drive #2, Peyton, CO 80831 (MLS# 2699591) is a Commercial property that was sold at $350,570 on March 02, 2026. Want to learn more about 7989 Cessna Drive #2? Do you have questions about finding other Commercial real estate for sale in Peyton? You can browse all Peyton real estate or contact a Coldwell Banker agent to request more information.

