20830 Keokuk Ave, Lakeville, MN 55044

Property Details

  • Property Type: Land
  • APN: 224434001021
  • Lot Size: 1.83 Acres / 79715 SF
  • Zoning: C-3 Zoning (Broad Commercial Flexibility) 

Summary

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.

 

 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)