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29853480
29853481

20830 Keokuk Ave, Lakeville, MN 55044

SN
MN MN 40709913
North Star Commercial
Listed by North Star Commercial
$1,120,000
104 days on market
Updated 3 days ago

20830 Keokuk Ave

Details
APN 224434001021
Property Type Land
Sub Type Commercial, Industrial
Acreage 1.830
Zoning C-3
Sale Condition For sale by owner

Land | 1.83 acres

Marketing description

Located in the heart of Lakeville, 20830 Keokuk Ave offers a rare opportunity to invest in one of the fastest-growing communities in the south metro. Positioned along a well-traveled corridor, this site provides excellent visibility and convenient access to major transportation routes, including Interstate 35.

The City of Lakeville envisions a multi-tenant commercial building at this location—such as a sandwich shop, coffee shop, boutique retail, serviceoriented businesses, or a medical office—designed to serve the growing surrounding community. To enhance development potential, the City is willing to work with a prospective buyer to relocate the existing stormwater treatment area, currently positioned at the rear of the property near the highway, beneath a future parking lot. This flexibility would significantly increase the site’s buildable area and overall design efficiency. The property is zoned C-3, General Commercial and includes electrical service, sanitary sewer, water, and storm sewer utilities all stubbed to the property.

With strong visibility, monument signage along Keokuk Avenue and Interstate 35, and a cooperative, business-friendly municipality, this site presents a strategic and forward-thinking development opportunity in a highly desirable Lakeville location.

Investment highlights

✔ C-3 zoning (broad commercial flexibility)

✔ Utilities stubbed = lower upfront cost

✔ Stormwater complete = huge development advantage (City is willing to relocate)

✔ Monument signage on both Keokuk + I-35

✔ Located in growing Lakeville trade area

✔ Build-to-Suit Opportunity

✔ Could be a Multi-Tenant / Multi-User Opportunity

✔ Medical, Professional Office Use or Retail Opportunity

✔ Quick-Service Restaurant (Donut or Coffee Shop Concept)

Listing Contacts

SN
MN MN 40709913
North Star Commercial
Listed by North Star Commercial

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Additional Information

Name
Scott Naasz
License
MN 40709913
Brokerage
Keller Williams Preferred Realty
Title
Real Estate Broker
Brokerage Address
14300 Nicollet Court
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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