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1218 Boon St 2,800 SF Industrial Condo Units Offered at $532,000 Per Unit in Traverse City, MI 49686
Investment Highlights
- Choice of 3 -2,800 SF Modern Hangars To Be Built
- Association Fees are $150/month
- Prime TVC Airport location
Executive Summary
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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.
3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.
Sale Notes
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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.
Sale Notes
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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.
Sale Notes
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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Unit 1 | 2,800 SF | Industrial | $532,000 ($190.00/SF) | - |
| Unit Unit 2 | 2,800 SF | Industrial | $532,000 ($190.00/SF) | - |
| Unit Unit 3 | 2,800 SF | Industrial | $532,000 ($190.00/SF) | - |
Unit Unit 1
| Unit Size |
| 2,800 SF |
| Condo Use |
| Industrial |
| Price |
| $532,000 ($190.00/SF) |
| NOI |
| - |
Unit Unit 2
| Unit Size |
| 2,800 SF |
| Condo Use |
| Industrial |
| Price |
| $532,000 ($190.00/SF) |
| NOI |
| - |
Unit Unit 3
| Unit Size |
| 2,800 SF |
| Condo Use |
| Industrial |
| Price |
| $532,000 ($190.00/SF) |
| NOI |
| - |
1 of 1
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Unit Unit 1
| Unit Size | 2,800 SF |
| Condo Use | Industrial |
| Price | $532,000 ($190.00/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| 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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.</li></ul> | |
| Sale Notes | |
| 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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.</li></ul> |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit Unit 2
| Unit Size | 2,800 SF |
| Condo Use | Industrial |
| Price | $532,000 ($190.00/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| 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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.</li></ul> | |
| Sale Notes | |
| 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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.</li></ul> |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit Unit 3
| Unit Size | 2,800 SF |
| Condo Use | Industrial |
| Price | $532,000 ($190.00/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| 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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.</li></ul> | |
| Sale Notes | |
| 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. Each hangar, with completion by late fall 2026, offers approximately 2,800 square feet, with dimensions of 56 feet wide by 50 feet deep and a clear door height of 15 feet, accommodating a wide range of general aviation aircraft. These units will be insulated and heated, and will feature durable epoxy floors, efficient LED lighting, and access to a shared restroom within the building, creating a modern, low-maintenance solution for aircraft storage.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 8,400 SF | Floors | 1 |
| Property Type | Specialty | Typical Floor Size | 8,400 SF |
| Property Subtype | Airplane Hangar | Year Built | 2026 |
| Building Class | B | Lot Size | 0.23 AC |
| Zoning | TVC - Cherry Capital Airport (TVC) Airport Hazard Area Overlay District | ||
| Total Building Size | 8,400 SF |
| Property Type | Specialty |
| Property Subtype | Airplane Hangar |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 8,400 SF |
| Year Built | 2026 |
| Lot Size | 0.23 AC |
| Zoning | TVC - Cherry Capital Airport (TVC) Airport Hazard Area Overlay District |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
1 of 6
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1218 Boon St
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