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    Lakeville, MN
    Conventional Restaurant

    Lakeville, MN Conventional Restaurants for Sale

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    Panera and Leeann Chin Retail Center
    Updated: Nov 4
    Panera and Leeann Chin Retail Center

    20170 Iberia Ave., Lakeville, MN 55044., Lakeville, MN 55044

    $4,389,000
    4,690 sqft
    Panera Bread and Leeann Chin are the named restaurant tenants
    Corporate leases have 15- and 10‑year terms
    4,690‑square‑foot building
    Built in 2026
    20170 Iberia Ave. in Lakeville, Minnesota
    View details
    Two-Tenant Restaurant Property
    Updated: Nov 2
    Two-Tenant Restaurant Property

    20193 Heritage Drive, Lakeville, MN 55044

    Contact for pricing
    Panera Bread lease term: 15 years, with a corporate guaranty
    LeeAnn Chin lease term: 10 years, with a corporate guaranty
    Located at 20193 Heritage Drive in Lakeville, Minnesota
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Restaurant for sale in Lakeville, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant and Bar with Patio
    Restaurant and Bar with Patio

    110 Railway Street NW, Lonsdale, MN 55046

    $875,000
    4,300 sqft

    Dining and bar spaces come with fixtures and equipment; inventory is separate.

    View details
    Restaurant and Bar with Patio
    Restaurant and Bar with Patio

    110 Railway Street NW, Lonsdale, MN 55046

    $875,000
    0.84 AC lot

    Dining and bar areas, outdoor seating, on-site parking, and an additional commercial building right are included.

    View details
    Restaurant with Commercial Kitchen
    Restaurant with Commercial Kitchen

    3749 Cedar Avenue S, Minneapolis, MN 55407

    Contact for pricing
    0.05 AC lot

    Existing dining and food-preparation areas support a range of restaurant formats.

    View details
    Turnkey Restaurant Opportunity
    Turnkey Restaurant Opportunity

    1024 38th St E, Minneapolis, MN 55407

    Contact for pricing
    2,300 sqft

    Fully built-out restaurant for sale in Minneapolis.

    View details

    Lakeville, MN Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Lakeville, MN on our real estate platform. These investment opportunities span a total of 4,690 square feet of properties for sale, with an estimated market value of $4,389,000.

    Sale prices for conventional restaurants in Lakeville, MN average $4,389,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    Demographics Overview

    Population 63K
    Population Growth (5Y) +18.2%
    Median Household Income $140,612
    College Educated 72.3%

    Taxes & Financing

    Tax Rate (average for all types) 2.48%
    Property Tax per SF $30.84 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dakota County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lakeville fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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