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$1,120,000

20830 Keokuk Avenue, Lakeville MN, 55044

Lot size1.83 Acres
Property typeLand
Courtesy of eXp Realty, Bonnie H. Nguyen Listing Contact:

Overview

Active

Listed Feb 20, 2026

Updated May 28

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.
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Based on information submitted to the MLS GRID as of 4:34 AM UTC on 5/28/2026. 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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