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Insulated Airport Hangar
For Sale
$225,000

1200 Boon Street, Traverse City, MI 49686

Co-op shares provide exclusive rights to Unit 2, not fee ownership of the underlying property.

Property Size1,241 SF
Price / SF$181.31
Days on Market147

Property Features for 1200 Boon Street

General Information

Standard status Active
Size 1,241 SF
Property subtype Commercial

Amenities

heated
insulated
epoxy floors
shared restroom
airfield access

Building Details

Building Size 1,241 SF
Year Built 2018
Listing Agency: Three West, LLC
Listed By: Kevin L Endres · License #6505352968
Source: Housewant
Added: Jun 4 Changed: Oct 27 Last Checked: Oct 27 at 3:29AM

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

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Investment Insights

Based on property information with market context.

Unit 2 is a 1,241-square-foot hangar at Cherry Capital Airport, built in 2018. The heated, insulated space measures approximately 42 feet wide by 40 feet deep and has a 13-foot clear door height. Epoxy flooring and access to a shared restroom are included. Ownership is conveyed through co-op shares granting exclusive rights to the unit, rather than fee ownership of the underlying real estate.

The hangar sits directly on the airfield at TVC, which serves commercial and general aviation traffic in Northern Michigan. The airport is undergoing a major expansion.

Key Highlights

  • 1,241‑square‑foot hangar at Cherry Capital Airport
  • Co‑op shares convey exclusive rights to Unit 2; underlying real estate is not fee‑owned
  • Approximately 42 feet wide by 40 feet deep, with a 13‑foot clear door height

Property Analytics

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Current Use

Aviation real estate

Suggested Use

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

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

370
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Aviation real estate - Co-op shares provide exclusive rights to Unit 2, not fee ownership of the underlying property.
Where is this aviation real estate located?
The property is located at 1200 Boon Street Traverse City, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,241‑square‑foot hangar at Cherry Capital Airport; Co‑op shares convey exclusive rights to Unit 2; underlying real estate is not fee‑owned; Approximately 42 feet wide by 40 feet deep, with a 13‑foot clear door height
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