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To-Be-Built Aviation Hangar Suites
For Sale
$532,000

3-1218 Boon St, Traverse City, MI 49686

Co-op hangar units are being built with insulation, heat, epoxy floors, and LED lighting, sized for general aviation.

Property Size2,800 SF
Price / SF$190
Days on Market115

Property Features for 3-1218 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: Sep 3 Last Checked: Sep 24 at 11:46AM

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 are available at Cherry Capital Airport in Traverse City, Michigan, offered for purchase as shares in a co-op. Each suite conveys exclusive rights to the individual unit, without ownership of the underlying real estate. Construction is targeted for completion by late fall 2026.

Each hangar is designed to accommodate general aviation aircraft, with approximately 2,800 square feet per unit and dimensions of 56 feet wide by 50 feet deep. The clear door height is 15 feet. Interiors will be insulated and heated, with durable epoxy floors and efficient LED lighting. A shared restroom will be provided within the building, supporting a modern, low-maintenance aircraft storage setup.

Key Highlights

  • To‑be‑built co‑op hangar units at Cherry Capital Airport (Traverse City, MI), each with exclusive rights to the specific unit.
  • Each hangar is about 2,800 SF (56' W x 50' D) with a 15' clear door height for general aviation aircraft.
  • Completion expected by late fall 2026.

Property Analytics

Current Use

Industrial land

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Co-op hangar units are being built with insulation, heat, epoxy floors, and LED lighting, sized for general aviation.
Where is this industrial land located?
The property is located at 3-1218 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: To‑be‑built co‑op hangar units at Cherry Capital Airport (Traverse City, MI), each with exclusive rights to the specific unit.; Each hangar is about 2,800 SF (56' W x 50' D) with a 15' clear door height for general aviation aircraft.; Completion expected by late fall 2026.
More about this property
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