20830 Keokuk Avenue, Lakeville, MN 55044

Property 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, 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.

Listing Status:

Active

Data Last Updated:

March 14, 2026 at 11:18PM

Listing Office:

eXp Realty : 320-500-4397

MLS ID:

7024234

Exterior

• Improvements: 0

Location

• Road/Access: City Street
• HOA Amenities: 0.0
• Originating MLS: northstar
• School District: Lakeville
• County: Dakota

Lot

• Topography: Level
• Zoning: 224434001033

Utilities

• Utilities: Electricity AvailableNone ConnectedSewer AvailableStorm Sewer AvailableWater Available

Financial

• Source: northstar