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    Traverse City, MI
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    Traverse City, MI Aviation Real Estate for Sale

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    Airport Hangar Units
    Updated: Jun 4
    Airport Hangar Units

    1218 Boon Street, Traverse City, MI 49686

    $532,000
    2,800 sqft 0.19 AC lot
    Three planned hangar units at Cherry Capital Airport
    Approximately 2,800 square feet per unit
    Each unit measures 56 feet wide by 50 feet deep
    15‑foot clear door height accommodates a wide range of general aviation aircraft
    Insulated and heated units with epoxy floors and LED lighting
    View details
    Heated Aircraft Hangar Units
    Updated: Jun 4
    Heated Aircraft Hangar Units

    1218 Boon Street, Traverse City, MI 49686

    $532,000
    2,800 sqft 0.19 AC lot
    Three to‑be‑built hangar units at Cherry Capital Airport
    Approximately 2,800 square feet per unit
    56 feet wide by 50 feet deep per hangar
    15‑foot clear door height accommodates general aviation aircraft
    Insulated and heated interiors with epoxy floors and LED lighting
    View details
    Aviation Hangar Co-Op Units
    Aviation Hangar Co-Op Units

    1218 Boon Street, Traverse City, MI 49686

    $532,000
    2,800 sqft 0.19 AC lot

    To-be-built aircraft storage units with heated, insulated interiors and shared restroom access.

    View details
    See what stands out in Grand Traverse County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    To-Be-Built Aircraft Hangar Units
    To-Be-Built Aircraft Hangar Units

    2-1218 Boon St, Traverse City, MI 49686

    $532,000
    2,800 sqft

    Three insulated, heated hangar units are planned at Cherry Capital Airport, each with epoxy flooring and LED lighting.

    View details
    Heated Aviation Hangar
    Heated Aviation Hangar

    1200 Boon Street, Traverse City, MI 49686

    $225,000
    1,241 sqft 0.37 AC lot

    Insulated steel hangar with epoxy flooring, airfield access, and shared restroom access at Cherry Capital Airport.

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    Heated Insulated T-Hangar
    Heated Insulated T-Hangar

    1200 Boon Street, Traverse City, MI 49686

    $250,000
    1,420 sqft 0.37 AC lot

    Co-op shares convey exclusive rights to Unit 4 at Cherry Capital Airport.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    To-Be-Built Heated Hangar Units
    To-Be-Built Heated Hangar Units

    1-1218 Boon St, Traverse City, MI 49686

    $532,000
    2,800 sqft

    Three insulated, heated hangar units are offered as co-op shares at Cherry Capital Airport, each sized for general aviation storage.

    View details
    Modern Hangar Units at Airport
    Modern Hangar Units at Airport

    1218 Boon St, Unit 1, Traverse City, MI 49686

    $532,000
    2,800 sqft

    To-be-built, insulated hangars with heated, epoxy-floored interiors and 15-foot clear door height.

    View details
    To-Be-Built Hangar Co-Op Units
    To-Be-Built Hangar Co-Op Units

    1218 Boon Street Unit SourceFi, Traverse City, MI 49686

    $532,000
    2,800 sqft

    Three insulated, heated hangar units available as co-op shares with shared restroom access and finished epoxy flooring.

    View details
    Heated Aviation T-Hangar
    Heated Aviation T-Hangar

    1200 BOON ST, Traverse City, MI 49686

    $250,000
    2,080 sqft

    Airfield hangar conveyed through co-op shares with exclusive rights to Unit 4 and access to a shared restroom.

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    Heated Aviation Hangar
    Heated Aviation Hangar

    4-1200 Boon St, Traverse City, MI 49686

    $250,000
    1,420 sqft

    Co-op ownership provides exclusive use of an insulated airfield hangar with epoxy flooring and shared restroom access.

    View details
    Heated Insulated Aviation Hangar
    Heated Insulated Aviation Hangar

    1200 Boon Street, Traverse City, MI 49686

    $250,000
    1,680 sqft

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

    View details
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Private Aircraft Hangar
    Private Aircraft Hangar

    3366-A Derenzy Road, Bellaire, MI 49615

    $284,000
    3,072 sqft

    Privately owned airport hangar with insulated walls, overhead storage, and installed radiant-heating infrastructure.

    View details
    Private Aircraft Hangar at Airport
    Private Aircraft Hangar at Airport

    3366-A Derenzy Road, Bellaire, MI 49615

    $284,000
    0.13 AC lot

    2014-built aviation facility with insulated walls, radiant-heating infrastructure, overhead storage, and access to airport services.

    View details
    Aviation Hangar Lot
    Aviation Hangar Lot

    1204 Hangar Way, Kewadin, MI 49648

    $39,900
    0.26 AC lot

    Commercial aviation land with direct access to two runways and commercial zoning.

    View details
    Runway-Access Aviation Land
    Runway-Access Aviation Land

    6 Hangar Way, Kewadin, MI 49648

    $39,900
    0.21 AC lot

    Commercially zoned aviation parcel with underground electric and direct runway access for a private hangar project.

    View details

    Traverse City, MI Aviation Real Estate Market Trends and Statistics

    Explore 12 aviation real estate for sale in Traverse City, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 27,441 square feet of properties for sale, with an estimated market value of $4,949,000.

    Sale prices for airports in Traverse City, MI start at $225,000, averaging $412,416, 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

    NNN properties 17
    Aviation real estate 13
    Wedding venues 8
    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 $427.2K

    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

    Retail

    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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    Most Searched ZIP Codes in Traverse City, MI

    • 49686

    Featured Traverse City Real Estate Agencies

    Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: 12319415600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: 12319478200

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