Auction Note

Pifer's Auction & Realty is excited to present this exceptionally well maintained and highly accommodating 70' x 100' aviation hangar located at the Carrington Municipal Airport. This property offers a rare opportunity to acquire a turnkey, year-round aviation facility in a central North Dakota location. The hangar is fully spray-foam insulated and equipped with a 66' wide by 24' high bi-fold aircraft door, a secondary 20' wide by 16' high overhead garage door for ground vehicle access, and integrated office and living quarters. These features support efficient operations, large-aircraft accommodation, and on-site staffing capabilities that are increasingly difficult to find in rural aviation markets.

Formerly the home of Larry's Aerial Spray Service, this location presents an incredible opportunity for aerial applicators looking to expand their footprint into what is currently an underserved market. In addition, Carrington’s location provides broad regional access for a wide range of operations without the congestion or operating costs associated with larger airports. This facility is well suited for operators seeking a centrally located base that allows them to serve multiple North Dakota markets from a single, efficient footprint. The combination of hangar size, insulation quality, and operational amenities positions this property as a strong option for both commercial and private aviation users.

Open House

Thursday, January 29, 2026 • 3-6 p.m.

Priority Purchase Agreement Terms – Controlling Provisions

THE FOLLOWING TERMS ARE MATERIAL, NON-NEGOTIABLE, AND CONTROLLING

These provisions shall supersede and override any inconsistent or conflicting terms, conditions, statements, or representations contained elsewhere in this auction catalog, including those printed in the back of the catalog, on bid cards, online, in advertising, or announced orally. In the event of any conflict, these Priority Real Estate Terms shall govern without exception.

Participation in the auction constitutes the bidder’s knowing and irrevocable acceptance of these terms.

1. Right of First Refusal – Carrington Municipal Airport Authority

The Carrington Municipal Airport Authority retains a Right of First Refusal (ROFR) to purchase the Property on the same terms and conditions set forth in a fully executed purchase agreement between the successful bidder and the Property Owner.

The successful bidder acknowledges and agrees that:

The purchase agreement shall be submitted by the tenant/buyer to the landlord not less than sixty (60) days prior to the scheduled closing date for ROFR consideration;

The transaction is expressly contingent upon the expiration or waiver of said Right of First Refusal; and

The exercise of the Right of First Refusal by the Airport Authority shall void the bidder’s purchase rights without liability to the seller, auctioneer, or Airport Authority.

No failure of the ROFR condition shall constitute a default by the seller or auctioneer.

2. Nature of Interest Conveyed – Improvements Only

The Property being auctioned consists solely of the improvements/structure located on leased land. No fee title or ownership interest in the underlying land is being conveyed.

Accordingly:

The successful bidder shall receive a Bill of Sale only;

Ownership shall be limited to the structure/improvements, subject to the existing ground lease, airport authority rules, and all applicable use restrictions; and

The sale is AS-IS, WHERE-IS, WITH ALL FAULTS, with no warranties or representations, express or implied, regarding the structure, lease terms, future lease renewal, or permitted uses.