Airport Hangar
For Sale
$532,000
1218 Boon Street, Traverse City, MI 49686
Commercial, Traverse City, MI
Property Size2,800 SF
Lot Size0.19 Acres
Price / SF$190
Days on Market91
Property Features for 1218 Boon Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial, Special Use
Directions
Located on leased land inside the airport secure area. To Be Built.
Subdivision
Grand Traverse
Standard status
Active
Size
2,800 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
BLDG ON LEASED LAND - HANGARON 28-51-113-002-02 PA 415 OF 2000 REQUIRES BLDGS ONLEASED REAL PROPERTY TO BE ASSESSED AS REAL PROPERTY BEGINNING IN ASSESSMENT YEAR 2003 N(PER STC BULLETINNO 1 OF 2003)
Legal Description
BLDG ON LEASED LAND - HANGARON 28-51-113-002-02 PA 415 OF 2000 REQUIRES BLDGS ONLEASED REAL PROPERTY TO BE ASSESSED AS REAL PROPERTY BEGINNING IN ASSESSMENT YEAR 2003 N(PER STC BULLETINNO 1 OF 2003)
Amenities
insulated
heated
epoxy floors
LED lighting
shared restroom
Building Details
Building materials
To Be Built
Listing Agency:
Three West, LLC
(231) 929-2955
Listed By:
Kevin Endres · License #6505352968
(231) 534-5225
Added: Jun 4
Changed: Sep 1
Last Checked: Sep 2 at 11:06AM
MLS# 1946142
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Three hangar units are planned at Cherry Capital Airport, with each unit measuring approximately 2,800 square feet and 56 feet wide by 50 feet deep. The buildings are scheduled for completion by late fall 2026 and are identified as to-be-built construction. Each space will include insulation, heat, epoxy flooring, LED lighting, and access to a shared restroom within the building. A 15-foot clear door height is designed to accommodate a wide range of general aviation aircraft.
The offering is structured as co-op shares. Each share conveys exclusive rights to a specific hangar unit but does not convey ownership of the underlying real estate. The property is located in Traverse City, Michigan, at Cherry Capital Airport.
The offering is structured as co-op shares. Each share conveys exclusive rights to a specific hangar unit but does not convey ownership of the underlying real estate. The property is located in Traverse City, Michigan, at Cherry Capital Airport.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 49686, MI
25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Aviation real estate - Co-op shares convey exclusive rights to individual aircraft storage units at Cherry Capital Airport.
Where is this aviation real estate located?
The property is located at 1218 Boon Street Traverse City, MI.
What is the asking price?
The asking price for this property is $532,000.
What are key features of this property?
This property features: 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
