$1,120,000
 $6,012 est/mo Sourced by Back At You

20830 Keokuk Avenue,Lakeville, MN 55044

Lakeville, MN 55044

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Description

Located in the heart of Lakeville, 20880 Keokuk Ave offers a rare opportunityto invest in one of the fastest-growing communities in the south metro.Positioned along a well-traveled corridor, this site provides excellent visibilityand convenient access to major transportation routes, including Interstate35.The City of Lakeville envisions a multi-tenant commercial building at thislocationsuch as a sandwich shop, coffee shop, boutique retail, serviceoriented businesses, or a medical officedesigned to serve the growingsurrounding community. To enhance development potential, the City is willingto work with a prospective buyer to relocate the existing stormwatertreatment area, currently positioned at the rear of the property near thehighway, beneath a future parking lot. This flexibility would significantlyincrease the site’s buildable area and overall design efficiency. The property iszoned C-3, General Commercial and includes electrical service, sanitarysewer, water, and storm sewer utilities allstubbed to the property.With strong visibility, monument signage along Keokuk Avenue and Interstate35, and a cooperative, business-friendly municipality, this site presents astrategic and forward-thinking development opportunity in a highly desirable Lakeville location.

Details

MLS #7024234
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site181
Listing Provided ByeXp Realty | Bonnie H. Nguyen

Features

ZoningBusiness/Commercial
Acreage1.83

Utilities

UtilitiesElectricity Available, None Connected, Sewer Available, Storm Sewer Available, Water Available

Area Information

StateMN
CountyDakota
CityLakeville
Zip Code55044
Community NameLakeville Commerce Center
School District194
High SchoolLakeville
Listing VS Median (in Lakeville Commerce Center)
Price:
$1,120,000
low | high
Med:
$0
On site:
181
low | high
Med:
Sourced by Back At You

Market Activity 55044

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 20, 2026 at 7:28:56 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyDakota
CityLakeville
Zip Code55044
Community NameLakeville Commerce Center
School District194
High SchoolLakeville
Listing VS Median (in Lakeville Commerce Center)
Price:
$1,120,000
low | high
Med:
$0
On site:
181
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $840K - $1.4M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
20591 Keystone Avenue Property Photo 1
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20591 Keystone Avenue
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20603 Keystone Avenue Property Photo 1
$299,900
20603 Keystone Avenue
Lakeville, MN 55044
Listing Updated: July 22, 2026 at 8:33:32 AM PDT