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    Lakeville, MN Retail Properties & Spaces for Sale

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    Lakeville Retail Space For Sale
    Updated: Sep 20, 2024
    Lakeville Retail Space For Sale

    17625 Kenrick Ave, Lakeville, MN 55044

    $3,400,000
    20,567 sqft 2.35 AC lot
    100% Occupied by a national credit tenant (Salvation Army)
    Attractive 7% Cap Rate based on in‑place NOI of $237,740.50
    Long‑term lease in place from 9/1/2024 to 8/31/2034
    Signage visible from I‑35
    Large 20,567 SF building on 2.35 acres in growing Lakeville community
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Lakeville, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Prime Apple Valley Commercial Property
    Prime Apple Valley Commercial Property

    15290 Pennock Ln, Apple Valley, MN

    $4,700,000
    30,888 sqft 5.01 AC lot

    Excellent location for office, retail, medical, or educational purposes.

    View details
    Updated Flex Space Building
    Updated Flex Space Building

    7600 147th St W, Apple Valley, MN 55124

    $1,750,000
    4,438 sqft 0.72 AC lot

    Flex space with updated interior and exterior, drive-in door.

    View details
    Heating & Cooling Business Opportunity
    Heating & Cooling Business Opportunity

    Confidential Sale, Burnsville, MN

    $475,000
    0.21 AC lot

    Heating and cooling business for sale in New Ulm, MN.

    View details
    Wells Fargo Ground Lease Opportunity
    Wells Fargo Ground Lease Opportunity

    925 Cty Rd 42 W, Burnsville, MN

    $2,421,000
    4,489 sqft 35.63 AC lot

    Drive-thru ground lease with strong demographics and high visibility.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakeville Commercial Land Parcel
    Lakeville Commercial Land Parcel

    199XX Idealic Ave, Lakeville, MN 55044

    $440,000
    1.18 AC lot

    1.18 acre commercial land in a growing area.

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    Lakeville Land For Sale
    Lakeville Land For Sale

    20830 Keokuk Avenue, Lakeville, MN 55044

    $1,120,000

    Land with frontage on Keokuk Avenue, east of Interstate 35.

    View details
    Commercial Development Land Site
    Commercial Development Land Site

    14450 Nicollet Court, Burnsville, MN 55306

    $1,399,000
    1.67 AC lot

    Centrally located commercial lot at the I-35E and I-35W junction, suited for office or retail development.

    View details
    Land For Sale
    Land For Sale

    1X Credit River Road, Prior Lake, MN 55372

    $575,000

    Land available in front of Culvers at 5471 Credit River Road.

    View details

    Off-Market Properties in Lakeville, MN

    Consider similar Off-Market properties in Lakeville, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    16350 Kenrick Loop
    RETAIL STORES (PERSONAL SERVICES)

    16350 Kenrick Loop, Lakeville, MN 55044-4465

    $865,000
    Estimated value
    10,320 sqft 1.13 AC lot
    View details
    11287 Klamath Trl
    RESTAURANT

    11287 Klamath Trl, Lakeville, MN 55044-9267

    $1,600,000
    Estimated value
    14,399 sqft 24.13 AC lot
    View details
    16144 Pilot Knob Rd
    CONVENIENCE STORE

    16144 Pilot Knob Rd, Lakeville, MN 55044

    $3,790,000
    Estimated value
    6,593 sqft 2.32 AC lot
    View details
    16150 Pilot Knob Rd
    DEPARTMENT STORE

    16150 Pilot Knob Rd, Lakeville, MN 55044-4105

    $20,775,000
    Estimated value
    92,810 sqft 10.12 AC lot
    View details
    17830 Kenwood Trl
    RETAIL STORES (PERSONAL SERVICES)

    17830 Kenwood Trl, Lakeville, MN 55044-9492

    $870,000
    Estimated value
    7,041 sqft 0.84 AC lot
    View details
    18404 Kenrick Ave
    RESTAURANT

    18404 Kenrick Ave, Lakeville, MN 55044-9288

    $1,455,000
    Estimated value
    5,092 sqft 1.25 AC lot
    View details
    20810 Holyoke Ave
    RETAIL STORES (PERSONAL SERVICES)

    20810 Holyoke Ave, Lakeville, MN 55044-6344

    $1,315,000
    Estimated value
    16,719 sqft 0.68 AC lot
    View details
    17729 Juniper Path
    RETAIL STORES (PERSONAL SERVICES)

    17729 Juniper Path, Lakeville, MN 55044-9482

    $1,420,000
    Estimated value
    15,188 sqft 1.39 AC lot
    View details
    8465 210th W St
    SHOW ROOM, WAREHOUSE

    8465 210th W St, Lakeville, MN 55044-8502

    $760,000
    Estimated value
    4,938 sqft
    View details
    20880 Keokuk Ave
    RETAIL STORES (PERSONAL SERVICES)

    20880 Keokuk Ave, Lakeville, MN 55044-6003

    $1,070,000
    Estimated value
    19,611 sqft
    View details
    17305 Kenrick Ave
    RESTAURANT

    17305 Kenrick Ave, Lakeville, MN 55044-7311

    Value Estimation by Request
    3,242 sqft 0.69 AC lot
    View details
    20315 Iberia Ave
    AUTO REPAIR, GARAGE

    20315 Iberia Ave, Lakeville, MN 55044-9141

    $765,000
    Estimated value
    5,614 sqft 0.85 AC lot
    View details
    8287 214th W St
    SHOW ROOM, WAREHOUSE

    8287 214th W St, Lakeville, MN 55044-9009

    $885,000
    Estimated value
    20,444 sqft 1.09 AC lot
    View details
    20909 Holyoke Ave
    AUTO REPAIR, GARAGE

    20909 Holyoke Ave, Lakeville, MN 55044-9645

    Value Estimation by Request
    4,776 sqft 0.43 AC lot
    View details
    21881 Grenada Ave
    SHOW ROOM, WAREHOUSE

    21881 Grenada Ave, Lakeville, MN 55044-9077

    $1,970,000
    Estimated value
    34,450 sqft 9.90 AC lot
    View details
    8812 215th W St
    SHOW ROOM, WAREHOUSE

    8812 215th W St, Lakeville, MN 55044-8352

    $4,750,000
    Estimated value
    62,862 sqft 6.31 AC lot
    View details
    21025 Heron Way
    SHOW ROOM, WAREHOUSE

    21025 Heron Way, Lakeville, MN 55044-8068

    $910,000
    Estimated value
    7,440 sqft 0.95 AC lot
    View details
    21860 Hamburg Ave
    SHOW ROOM, WAREHOUSE

    21860 Hamburg Ave, Lakeville, MN 55044-9034

    $2,305,000
    Estimated value
    46,002 sqft 4.75 AC lot
    View details
    17630 Kenwood Trl
    RETAIL STORES (PERSONAL SERVICES)

    17630 Kenwood Trl, Lakeville, MN 55044-9764

    $4,485,000
    Estimated value
    14,643 sqft 1.91 AC lot
    View details
    20164 Heritage Dr
    SHOPPING CENTER, STRIP CENTER

    20164 Heritage Dr, Lakeville, MN 55044-6855

    Value Estimation by Request
    15,718 sqft 4.90 AC lot
    View details
    17453 Dodd Blvd
    CAR WASH

    17453 Dodd Blvd, Lakeville, MN 55044-4409

    $1,125,000
    Estimated value
    3,776 sqft 1.56 AC lot
    View details
    17698 Kenwood Trl
    DEPARTMENT STORE

    17698 Kenwood Trl, Lakeville, MN 55044-9764

    $19,370,000
    Estimated value
    103,070 sqft 10.76 AC lot
    View details
    21725 Hamburg Ave
    SHOW ROOM, WAREHOUSE

    21725 Hamburg Ave, Lakeville, MN 55044-9035

    $3,150,000
    Estimated value
    69,380 sqft 4.75 AC lot
    View details

    Lakeville, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Lakeville, MN on our real estate platform. These investment opportunities span a total of 20,567 square feet of properties for sale, with an estimated market value of $3,400,000.

    Sale prices for stores in Lakeville, MN start at $3,400,000, averaging $3,400,000, and reaching up to $3,400,000 — 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

    Shopping centers 7
    Auto shops 1
    Automotive properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Lakeville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55044 $2.9M

    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

    Property Size Breakdown

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

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