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To-Be-Built Heated Hangar Units
For Sale
$532,000

1-1218 Boon St, Traverse City, MI 49686

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

Property Size2,800 SF
Price / SF$190
Days on Market147

Property Features for 1-1218 Boon St

General Information

Standard status Active
Size 2,800 SF
Listing Agency: Three West, LLC
Listed By: Kevin Endres · License #6505352968
Source: Exprealty
Added: Jun 4 Changed: Oct 25 Last Checked: Oct 26 at 5:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Three West, LLC

Rey
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Investment Insights

Based on property information with market context.

Three to-be-built hangar units at Cherry Capital Airport in Traverse City, Michigan are available for purchase as shares in the co-op. Buyers will receive exclusive rights to each unit, while the underlying real estate is not individually owned. Completion is targeted for late fall 2026.

Each hangar is designed for general aviation aircraft and is approximately 2,800 square feet, measuring 56 feet wide by 50 feet deep, with a 15-foot clear door height. The units are planned to be insulated and heated, with durable epoxy floors and efficient LED lighting. Access includes a shared restroom within the building, supporting a modern, low-maintenance operating environment.

The configuration provides an enclosed storage footprint with a clear door opening suitable for a range of general aviation aircraft sizes that fit within the stated dimensions.

Key Highlights

  • Three to‑be‑built hangar units available as co‑op shares at Cherry Capital Airport (Traverse City, MI), granting exclusive rights to each unit
  • Each hangar will be approximately 2,800 SF (56' wide x 50' deep) with a clear 15' door height for general aviation aircraft
  • Completion target is late fall 2026

Property Analytics

Current Use

Aviation real estate

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage Catering Service Barber Shop Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

629
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Aviation real estate - Three insulated, heated hangar units are offered as co-op shares at Cherry Capital Airport, each sized for general aviation storage.
Where is this aviation real estate located?
The property is located at 1-1218 Boon St 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 to‑be‑built hangar units available as co‑op shares at Cherry Capital Airport (Traverse City, MI), granting exclusive rights to each unit; Each hangar will be approximately 2,800 SF (56' wide x 50' deep) with a clear 15' door height for general aviation aircraft; Completion target is late fall 2026
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