Turnkey Sportsman's Lodge
702 Highway 2 West, Devils Lake, ND 58301
New
Commercial Business - Devils Lake, ND
Property size:
6,637 SFLot size:
2.52 AcresPrice / SF:
$82/SF- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 27 at 12:06 am
Property Features for 702 Highway 2 West
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement, Kitchen
- Parking features
- Garage
- Basement Y/N
- 1
- Standard status
- Active
- APN
- 39-0409-00002-000
- Size
- 6,637 SF
- Lot size
- 2.52 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5268
Building Details
- Year built
- 1950
- Year renovated
- 1950
- Floors in Building
- 1
- Flooring type
- Carpet, Laminate, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Asphalt, Metal
- Architectural style
- Other
Listing agent Allan M. Freidig (701) 662-7171
Listing office Real Estate 7 702 5th Ave. SE, Devils Lake, ND (701) 662-7171
Listing date Jun 23, 2026
MLS# 11848575
Listing URL
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.
HighLights
- Devils Lake sportsman's lodge located just off US Highway 2 West in Devils Lake
- Single rooms plus fully equipped kitchenettes for guest accommodations
- Large fish cleaning facility and spacious outdoor common areas
- Expansive gathering/meeting room for group events, tournaments, or guided trips
- Year built: 1950; basement present; vinyl siding; roof includes asphalt and metal
- On‑site office plus private living quarters; garage parking; flooring includes carpet, laminate, and vinyl
Overview
This turnkey sportsman’s lodge offers a guest-focused setup designed for both short stays and extended trips. Accommodations include single rooms and fully equipped kitchenettes, supported by an on-site office and private living quarters for management convenience. The property also includes a large fish-cleaning facility, spacious outdoor common areas, and an expansive gathering/meeting room that can support group events, tournaments, or guided activities. Recent updates and remodeling improvements have been completed to provide a modern, comfortable environment for guests.
Located in Devils Lake, North Dakota, the lodge is positioned just off US Highway 2 West, with easy highway access and ample parking. The arrangement supports visitor arrivals by vehicle and provides practical circulation for guests and group travel.
For operators, the mix of room types, on-site management space, dedicated fish-cleaning infrastructure, and a sizable meeting area creates a functional hospitality platform for a sportsman-oriented lodging concept. For buyers, the property is presented as a ready-to-run business with the core guest amenities and site features already in place.
Located in Devils Lake, North Dakota, the lodge is positioned just off US Highway 2 West, with easy highway access and ample parking. The arrangement supports visitor arrivals by vehicle and provides practical circulation for guests and group travel.
For operators, the mix of room types, on-site management space, dedicated fish-cleaning infrastructure, and a sizable meeting area creates a functional hospitality platform for a sportsman-oriented lodging concept. For buyers, the property is presented as a ready-to-run business with the core guest amenities and site features already in place.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.6k | $15.00 |
| − Vacancy | −$11.9k | −$1.80 |
| EGI | $87.6k | $13.20 |
| − OpEx | −$46.0k | −$6.93 |
| NOI | $41.6k | $6.27 |
6,637 SF · lease $15.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$594.5K
$520.2K – $693.6K
NOI $41,614 @ 7.0% cap · market cap 7.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.31M
$1.15M – $1.53M
NOI $91,924 @ 7.0% cap · market cap 16.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Motels
Similar Places Nearby
- Fireside Inn & Suites — 215 US-2 E, Devils Lake, ND 58301
- Sunlac Inn Devils Lake — 111 1st St NW, Devils Lake, ND 58301
- Devils Lake Sportsmans Lodge — 702 US-2, Devils Lake, ND 58301
- Truly Yours — 308 4th St NE, Devils Lake, ND 58301
- devils lake contractors choice lodging — 702 Hwy, 2nd Ave W, Devils Lake, ND 58301
Location Insight
- Map
- Local Demand
- City
- Devils Lake
- County
- Ramsey
- State
- North Dakota
- Longitude
- -98.874937
- Latitude
- 48.113468
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - Turnkey lodge with guest rooms, kitchenettes, fish-cleaning facility, meeting space, and ample parking with highway access.
Where is this motel located?
The property is located at 702 Highway 2 West Devils Lake, ND.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Devils Lake sportsman's lodge located just off US Highway 2 West in Devils Lake; Single rooms plus fully equipped kitchenettes for guest accommodations; Large fish cleaning facility and spacious outdoor common areas
