What is a shop condo
A shop condo is a unit you own, not a space you rent forever
A shop condo is a heated commercial unit inside a larger building, owned the same way a residential condo is. You hold the deed to your unit and your overhead door. The land, the roof, the siding, the road and the snow are shared and handled by the association. You do not buy a lot, hire a contractor, or wait a year to build.
What does a shop condo cost?
Here is what ours actually sell for in Rugby, North Dakota. Dues are $150 / month on every size.
60' x 100' heated shop
6,000 sq ft · 24' x 18' overhead door
From $649,900 + $150/mo dues
40' x 60' heated shop condo
2,400 sq ft · 16' x 14' overhead door
From $279,900 + $150/mo dues
40' x 40' heated shop condo
1,600 sq ft · 16' x 14' overhead door
From $217,900 + $150/mo dues
Dues cover the gravel road, snow removal, lawn care, water, sewer, and the association's insurance on the building exterior. You insure what is inside your unit. You pay your own power, heat and insurance on the inside of your unit. Financing works like any commercial mortgage — the buying guide walks through down payments and closing costs.
What can you use one for?
Ours are zoned so you can run a business out of the unit. Contractors, utility and pipeline crews, farmers, and business owners who need a heated place to work and store equipment. People also use them for indoor RV, boat and equipment storage. You cannot live in one.
You own the condo
The unit is your property. You can sell it, lease it out, or borrow against it like any other real estate you own.
Dues cover the outside
Dues are $150 a month and cover the gravel road, snow removal, lawn care, water, sewer, and the association's insurance on the building exterior. You insure what is inside your unit.
Heated for our winters
Floor heat and R25 insulation behind 16-foot side walls. The condo stays warm and usable in January.
Doors sized for equipment
16' x 14' doors on the 40x40 and 40x60 condos, and a 24' x 18' door on the 60x100. Drive a truck, trailer, or combine straight in.
How it works
Three steps
01
Tell us what you need
Square footage, door height, heat, floor drains, office space. One phone call is usually enough to figure out the right size.
02
Pick a unit
Take one that is open today, or reserve one in an upcoming phase before we list it.
03
Close and move in
You own the condo. We keep the roof, the siding, and the shared site maintained.
Who we are
A local builder in Rugby, North Dakota
Copper Creek Developers LLC builds and maintains heated shop condos at 30th Ave NE and Hwy 2, Rugby, ND 58368. If something is wrong with your unit, you call Dave and he answers.