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Commercial CondominiumsCondominium ownership of nonresidential property has been growing in recent years, as well. Most commonly, long-term businesses are best suited to condominium ownership. Medical practices and service businesses such as legal and accounting practices have been the most popular uses in commercial condominiums; however this type of ownership has been applied to everything from boat slips and airplane hangars to parking garages, hotels and industrial parks. Some condominium projects include commercial (office) units on the ground floor and housing units above. |
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