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Modern Hangar Units at Airport
For Sale
$532,000

1218 Boon St Unit 1, Traverse City, MI 49686

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

Property Size2,800 SF
Price / SF$190
Days on Market69

Property Features for 1218 Boon St Unit 1

General Information

Standard status Active
Size 2,800 SF
Property subtype Other
Zoning T

Building Details

Building Size 2,800 SF
Year Built 2026
Listing Agency: Three West Commercial
Listed By: Kevin Endres · License #6505352968
Source: Cpix.resimplifi
Added: Jun 4 Changed: Aug 8 Last Checked: Jun 11 at 1:47AM

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 Commercial

Investment Insights

Based on property information with market context.

Three to-be-built hangar units are available for purchase as shares in a cooperative at Cherry Capital Airport in Traverse City, Michigan, conveying exclusive rights to each unit without ownership of the underlying real estate. Each unit is planned to be completed by late fall 2026 and will provide approximately 2,800 square feet of enclosed aircraft storage. Building features include insulation and heat, durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building.

Each hangar is described with clear dimensions of 56 feet wide by 50 feet deep, supported by a 15-foot clear door height intended to accommodate a wide range of general aviation aircraft. The offering is tied directly to its airport setting, with the units positioned for users who need convenient, on-airfield storage.

This configuration is well suited for general aviation owners or operators seeking modern, low-maintenance hangar interiors with climate-controlled comfort and a vehicle-ready floor surface for frequent use. With a stated association fee of $150 per month and a cooperative structure providing exclusive rights to each hangar, buyers can evaluate the ownership model alongside the buildout timeline and facility specifications before committing.

Key Highlights

  • Three to‑be‑built co‑op hangar units at Cherry Capital Airport (TVC) in Traverse City, MI
  • Estimated completion by late fall 2026; hangars will be insulated and heated
  • Each hangar offers approx. 2,800 SF with 56' wide by 50' deep dimensions

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.

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 - To-be-built, insulated hangars with heated, epoxy-floored interiors and 15-foot clear door height.
Where is this aviation real estate located?
The property is located at 1218 Boon St Unit 1 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 co‑op hangar units at Cherry Capital Airport (TVC) in Traverse City, MI; Estimated completion by late fall 2026; hangars will be insulated and heated; Each hangar offers approx. 2,800 SF with 56' wide by 50' deep dimensions
More about this property
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