Aviation

Traverse City, MI Aviation Real Estate for Sale

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6 properties
To-Be-Built General Aviation Hangar
Updated: Jun 4
To-Be-Built General Aviation Hangar

1218 Boon Street, Traverse City, MI 49686

$532,000
2,800 sqft 0.19 AC lot
Three to‑be‑built hangar units available at Cherry Capital Airport in Traverse City, Michigan as a co‑op share arrangement.
Each hangar is approx. 2,800 SF (56' wide x 50' deep) with a 15' clear door height for general aviation aircraft.
Completion by late fall 2026, with insulation and heating included.
Hangars will feature durable epoxy floors and efficient LED lighting.
Each unit includes access to a shared restroom within the building.
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To-Be-Built Aviation Hangar Units
Updated: Jun 4
To-Be-Built Aviation Hangar Units

1218 Boon Street, Traverse City, MI 49686

$532,000
2,800 sqft 0.19 AC lot
Three to‑be‑built hangar units available for purchase as co‑op shares at Cherry Capital Airport (Traverse City, MI).
Approx. 2,800 SF per hangar with 56' wide by 50' deep layout and 15' clear door height.
Designed to accommodate a wide range of general aviation aircraft.
Completion targeted for late fall 2026.
Each hangar will be insulated and heated with epoxy floors and efficient LED lighting.
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To-Be-Built Heated Hangar Units
To-Be-Built Heated Hangar Units

1218 Boon Street, Traverse City, MI 49686

$532,000
2,800 sqft 0.19 AC lot

Purchase co-op shares granting exclusive rights to heated, insulated hangar space for general aviation aircraft storage.

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To-Be-Built General Aviation Hangar Units
To-Be-Built General Aviation Hangar Units

1218 Boon Street, Traverse City, MI 49686

$532,000
2,800 sqft

Insulated, heated hangar units with 15-foot clear door height built for general aviation aircraft storage.

View details
Heated Insulated T-Hangar
Heated Insulated T-Hangar

1200 Boon Street, Traverse City, MI 49686

$225,000
1,680 sqft 0.37 AC lot

Heated insulated general aviation hangar with epoxy floors, shared restroom access, and direct airfield positioning at TVC.

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Heated Insulated Aviation Hangar
Heated Insulated Aviation Hangar

Traverse City, MI 49686

$225,000
1,680 sqft

Heated, insulated hangar with epoxy floors and direct airfield positioning for secure general aviation storage.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Private Airplane Hangar Site
Private Airplane Hangar Site

CVX Lane, Charlevoix, MI 49720

$769,000
4,900 sqft

Commercially zoned hangar site with utilities available and access to KCVX Airport for build-to-suit aviation needs.

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Private Airplane Hangar Site
Private Airplane Hangar Site

CVX Lane, Charlevoix, MI 49720

$499,000
2,500 sqft

Build-to-suit hangar with utility services and direct access to KCVX Airport for ownership and customization.

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Aviation Hangar Lot with Runway Access
Aviation Hangar Lot with Runway Access

1204 Hangar Way, Kewadin, MI 49648

$39,900
0.26 AC lot

Commercial hangar lot in a private airpark with direct access to two runways and recent runway upgrades.

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Buildable Runway-Access Hangar Lot
Buildable Runway-Access Hangar Lot

6 Hangar Way, Kewadin, MI 49648

$39,900
0.21 AC lot

Commercially zoned, buildable hangar lot with direct runway access and on-site underground electric.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Airpark Lot in Sugar Springs
Airpark Lot in Sugar Springs

1674 BYE WAY, Gladwin, MI 48624

$39,900
1.06 AC lot

1-acre lot with airpark access and Sugar Springs amenities.

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Brighton Township Land Opportunity
Brighton Township Land Opportunity

2096 Hunter Road, Brighton Twp, MI 48114

$149,900
2.36 AC lot

2.36 acres in Brighton Twp, build your dream home!

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Aviation Fly-In Community Lot
Aviation Fly-In Community Lot

CESSNA LANE lot: 14, Davis, WV 26260

$80,000
0.31 AC lot

Build-ready lot in an aviation-friendly mountain community with taxiway access and runway operations.

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Fly-In Resort Lot with Taxiway Access
Fly-In Resort Lot with Taxiway Access

CESSNA LANE lot: 15, Davis, WV 26260

$80,000
0.31 AC lot

Residential fly-in community lot in Canaan Valley with taxiway access for aviation-oriented living.

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Traverse City, MI Aviation Real Estate Market Trends and Statistics

Explore 6 aviation real estate for sale in Traverse City, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 14,560 square feet of properties for sale, with an estimated market value of $2,578,000.

Sale prices for airports in Traverse City, MI start at $225,000, averaging $429,666, and reaching up to $532,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Aviation real estate 6
NNN properties 6
Wedding venues 6
Churches & religious facilities 3
Day care centers 3

Demographics Overview

Population 78K
Population Growth (5Y) -35.5%
Median Household Income $78,889
College Educated 59.4%

High-Yield Neighborhoods for Investment

Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49686 $443K

Taxes & Financing

Tax Rate (average for all types) 4.34%
Property Tax per SF $71.64 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grand Traverse County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Grand Traverse County

Office

Property Size Breakdown

The majority of commercial real estate listings in Traverse City fall within the 100,000+ square foot range.

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