Bloomberg News

$17.5M Secret Submarine Base Is Ideal Villain Lair

June 07, 2012

The Norwegian government has put the Olavsvern Naval Base, once a parking spot for NATO submarines and other ships on the country's arctic coast, up for sale at a price of approximately $17.5 million. Decommissioned after NATO advised Norway it was no longer needed, the property includes 25,000 square feet of building space, its own power grid and an underground tunnel system for docking submarines. Bloomberg's Matt Miller reports. Images courtesy Norwegian government. (Source: Bloomberg)

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