About This Home

This 0-bedroom, 7-bathroom commercial at 1820 Walnut Street E in Devils Lake, ND is listed for $1,500,000 ($73 per sqft). Built in 1971, the home offers 20,679 sqft of living space on a 5.70 acres lot.

Key Features

  • Built in 1971
  • 5.70 acre lot

Property Details

1 story
7 half
4-car garage
1971
Listing Description

Commercial investment opportunity offering a 20,679-square-foot office building on 5.70 acres with a private drive. Priced at $1,500,000 with a reported 7% capitalization rate, this single-story building features six office units, conference rooms, and seven restrooms.

A detached 100-by-40-foot garage with four rental stalls provides additional income, and the spacious site offers room to add more garages for potential future income. An expansive paved parking area accommodates tenants and visitors, while mature trees complement the grounds.

The office building features brick and vinyl siding, central air conditioning, forced-air heating, municipal water and sewer, and accessibility features. With six office units, garage rental income, and room for future growth, this property offers a compelling opportunity to expand your commercial investment portfolio.

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

1820 Walnut Street E

Devils Lake, ND 58301

Property Details

Flooring

VinylTileCarpet

Construction

Vinyl Siding Brick

Parking

Driveway

Heating

Electric (Heating)Forced AirNatural Gas

Questions & Answers

This 0-bedroom, 7-bathroom commercial at 1820 Walnut Street E is listed at $1,500,000 ($73/sqft). The estimated monthly payment is $8,023 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1971, 5.70 acre lot.

This property is listed by Chase Freidig.

CF

Chase Freidig

Agent at Real Estate 7

Listed by Real Estate 7 · Broker phone: 701-662-7171

MLS# 12062967· Source: My State MLS· 2 days on PropertySimple

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.

1820 Walnut Street E, Devils Lake, ND 58301

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