20880 Keokuk Ave, Lakeville, MN, 55044

Highlights

• ✔ C-3 zoning (broad commercial flexibility)
• ✔ Utilities stubbed = lower upfront cost
• ✔ Stormwater complete = huge development advantage
• ✔ Monument signage on both Keokuk + I-35
• ✔ Located in growing Lakeville trade area

Description

Located in the heart of Lakeville, 20880 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, service-oriented 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.

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.

Strategically located in the heart of Lakeville, 20880 Keokuk Ave offers a strong commercial opportunity with excellent visibility and convenient access to Interstate 35. Positioned within a growing trade area and surrounded by established residential neighborhoods and thriving businesses, this site benefits from steady traffic counts and strong local demographics. Ideal for a variety of commercial development uses, this property presents a prime opportunity in one of the south metro’s fastest-growing communities.

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