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Office Building with Full Lower Level
New
For Sale
$650,000

509 5th St. NE, Devils Lake, ND 58301

Commercial Sale, Devils Lake, ND

Property Size6,720 SF
Lot Size0.21 Acres
Price / SF$96.73
Days on Market1

Property Features for 509 5th St. NE

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 4
Half bathrooms 4
Rooms Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4
Standard status Active
Size 6,720 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5344

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Floors in Building 1
Flooring type Carpet, Linoleum
Building materials Masonite, Brick
Roof type Tar/Gravel, Asphalt
Listing Agency: Real Estate 7
Listed By: Allan M. Freidig
Added: Oct 5 Last Checked: Oct 5 at 9:06PM
MLS# 12014629

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

At 509 5th St. NE in Devils Lake, this office property provides approximately 3,360 square feet on the main floor and another 3,360 square feet below. The main level includes reception space, private offices, conference rooms, a break room, and bathrooms. The lower level can support storage or additional office space, and the layout may be divided into separate suites. A two-stall garage and rear parking serve the property.

A public parking lot is located across the street. The parcel measures 0.2089 acres.

Key Highlights

  • 6,720 square feet across the main floor and full lower level
  • Main floor includes reception, private offices, conference rooms, break room, and bathrooms
  • Lower level offers storage or additional office space

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Garden Center HVAC Service Food Market (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

743
Businesses Nearby

Demographics for 58301, ND

10,105
Population
5,040
Households
2
Avg Household Size
40
Median Age
27%
College-Educated
93%
High-School Grad
274.2 sq mi
ZIP Area
37
Density / Sq Mi
$58,688
Median Household Income
$37,611
Median Earnings
$682
Median Rent
$205,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - The main floor combines private offices and meeting rooms, while the lower level adds space for storage or office use.
Where is this office building located?
The property is located at 509 5th St. NE Devils Lake, ND.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 6,720 square feet across the main floor and full lower level; Main floor includes reception, private offices, conference rooms, break room, and bathrooms; Lower level offers storage or additional office space
More about this property
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