For that amount you could rent a corner of a hanger for a couple months and do work with consistent heat and electricity.
There lies the rub...Here in Homer, you pay $300 a month for a un-heated and often un-lighted, hanger space that you share with as many other planes as possible. So you cannot leave your tools laying around since they will be moved the next day.. In fact your plane and parts are often moved around as well. Space in a heated hanger goes for $500 a month and up,, if you can find it..
. and you may not be able to do any serious work depending on who you make the deal with... I had one guy a couple years ago who would rent me a space in his hanger, but I was not even allowed to visit my plane unless he was in town to supervise..
There are some long term lease heated hangers for $900 a month plus,,, for a one plane stall... but the owner wants a minimum one-year lease.
I run into the same problem every year.. So I end up back outside for much of the winter...Next to the ocean and the salt air... which is why my Cub now needs so many repairs... Well actually the volcano dust did a lot of the damage when mixed with salt air..