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Aircraft Hangar Units
For Sale
$532,000

1218 Boon Street # 2, Traverse City, MI 49686

Planned hangar units will include heat, insulation, epoxy flooring, LED lighting, and shared restroom access.

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

Property Features for 1218 Boon Street # 2

General Information

Standard status Active
Size 2,800 SF
Property subtype Industrial

Amenities

insulated and heated
epoxy floors
LED lighting
shared restroom

Building Details

Building Size 2,800 SF
Year Built 2026
Listing Agency: Five Star Real Estate
Listed By: Leelanau Living Realty Group
Source: Leelanaurealtors
Added: Jun 4 Changed: Oct 26 Last Checked: Oct 26 at 3:46PM

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 Five Star Real Estate

Rey
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Investment Insights

Based on property information with market context.

Three hangar units are planned at Cherry Capital Airport, with completion scheduled for late fall 2026. Each unit is approximately 2,800 square feet, measuring 56 feet wide by 50 feet deep, and will have a 15-foot clear door height. Planned interior features include insulation, heat, epoxy flooring, and LED lighting, with access to a shared restroom in the building.

The offering is structured as co-op shares that convey exclusive rights to individual units; the shares do not include ownership of the underlying real estate. The hangars are intended for aircraft storage.

Key Highlights

  • Three hangar units planned, with completion by late fall 2026
  • Approximately 2,800 square feet per unit
  • Each unit measures 56 feet wide by 50 feet 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.

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

Frequently Asked Questions

What type of property is this?
Aviation real estate - Planned hangar units will include heat, insulation, epoxy flooring, LED lighting, and shared restroom access.
Where is this aviation real estate located?
The property is located at 1218 Boon Street # 2 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 hangar units planned, with completion by late fall 2026; Approximately 2,800 square feet per unit; Each unit measures 56 feet wide by 50 feet deep
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