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

1218 BOON ST, Traverse City, MI 49686

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

Property Size2,800 SF
Price / SF$190
Days on Market70

Property Features for 1218 BOON ST

General Information

Standard status Active
Size 2,800 SF
Property subtype Industrial

Additional Details

Clear Height 15 ft

Amenities

insulated
heated
epoxy floors
LED lighting
shared restroom
3
60140

Building Details

Year Built 2026
Listing Agency: Three West, LLC
Listed By: Kevin Endres · License #6505352968
Source: Xome
Added: Jun 3 Changed: Aug 8 Last Checked: Aug 11 at 5:03AM

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

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, conveying exclusive rights to each unit but not ownership of the underlying real estate. Completion is targeted for late fall 2026.

Each hangar is designed for general aviation aircraft storage with dimensions of 56 feet wide by 50 feet deep, 15 feet clear door height, and a heated, insulated build-out. Interior improvements include durable epoxy floors and efficient LED lighting. Access is planned through a shared restroom located within the building, supporting a modern, low-maintenance aircraft storage setup.

Units are offered with approximately 2,800 square feet each, providing substantial clearance and flexible utility for a wide range of general aviation aircraft within the hangar footprint.

Key Highlights

  • Three to‑be‑built hangar units at Cherry Capital Airport in Traverse City, Michigan available as co‑op shares (exclusive rights to each unit, not ownership of real estate).
  • Completion targeted for late fall 2026.
  • Each hangar offers approximately 2,800 SF with dimensions of 56 ft wide by 50 ft deep.

Property Analytics

Current Use

Aviation real estate

Suggested Use

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

Lease Details

15 ft
Clear height

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Aviation real estate - Three insulated, heated hangar units available as co-op shares with shared restroom access and finished epoxy flooring.
Where is this aviation real estate located?
The property is located at 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 at Cherry Capital Airport in Traverse City, Michigan available as co‑op shares (exclusive rights to each unit, not ownership of real estate).; Completion targeted for late fall 2026.; Each hangar offers approximately 2,800 SF with dimensions of 56 ft wide by 50 ft deep.
More about this property
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