Retail

Lakeville, MN Retail Properties & Spaces 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
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1 active listing matches your search: Retail for sale in Lakeville, MN. Based on your search, we've also compiled 79 Potential Opportunities for your consideration: 4 properties in nearby cities, 71 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

3-Unit Retail Center
3-Unit Retail Center

10-14 Church Street, Elko New Market, MN 55054

$1,699,900
5,200 sqft

All three retail units are currently occupied.

View details
3-Unit Retail Center
3-Unit Retail Center

10-14 Church Street, Elko New Market, MN 55054

$1,699,900
0.40 AC lot

All three retail suites are occupied, creating an established multi-tenant configuration.

View details
Single-Tenant Retail Building
Single-Tenant Retail Building

1600 County Road 42 West, Burnsville, MN 55337

Contact for pricing
45,000 sqft

New Best Buy retail building completed in 2024 with a remaining 11.8-year lease term and strong corridor access.

View details
Single-Tenant Walgreens on 1.73 Acres
Single-Tenant Walgreens on 1.73 Acres

14700 Lac Lavon Dr, Burnsville, MN

Contact for pricing
15,225 sqft 1.73 AC lot

Freestanding retail property on a high-traffic retail corridor.

View details

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

Contact for pricing
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 Ave, Lakeville, MN 55044

$1,120,000
2 sqft

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

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Commercial Land Near Interstate Interchange
Commercial Land Near Interstate Interchange

14450 Nicollet Court, Burnsville, MN 55306

$1,399,000
1.67 AC lot

Commercial land with direct proximity to I-35E and I-35W, near hotels, shopping, restaurants, and medical services.

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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.

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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

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

11287 Klamath Trl, Lakeville, MN 55044-9267

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

16144 Pilot Knob Rd, Lakeville, MN 55044

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

16150 Pilot Knob Rd, Lakeville, MN 55044-4105

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

17830 Kenwood Trl, Lakeville, MN 55044-9492

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

18404 Kenrick Ave, Lakeville, MN 55044-9288

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

20810 Holyoke Ave, Lakeville, MN 55044-6344

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

17729 Juniper Path, Lakeville, MN 55044-9482

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

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

Estimated value:
$765,000
4,938 sqft
View details
20880 Keokuk Ave
RETAIL STORES (PERSONAL SERVICES)

20880 Keokuk Ave, Lakeville, MN 55044-6003

Estimated value:
$1,120,000
19,611 sqft
View details
17305 Kenrick Ave
RESTAURANT

17305 Kenrick Ave, Lakeville, MN 55044-7311

Estimated value:
$340,000
3,242 sqft 0.69 AC lot
View details
20315 Iberia Ave
AUTO REPAIR, GARAGE

20315 Iberia Ave, Lakeville, MN 55044-9141

Estimated value:
$710,000
5,614 sqft 0.85 AC lot
View details
8287 214th W St
SHOW ROOM, WAREHOUSE

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

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

20909 Holyoke Ave, Lakeville, MN 55044-9645

Estimated value:
$360,000
4,776 sqft 0.43 AC lot
View details
21881 Grenada Ave
SHOW ROOM, WAREHOUSE

21881 Grenada Ave, Lakeville, MN 55044-9077

Estimated value:
$1,845,000
34,450 sqft 9.90 AC lot
View details
8812 215th W St
SHOW ROOM, WAREHOUSE

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

Estimated value:
$4,420,000
62,862 sqft 6.31 AC lot
View details
21025 Heron Way
SHOW ROOM, WAREHOUSE

21025 Heron Way, Lakeville, MN 55044-8068

Estimated value:
$865,000
7,440 sqft 0.95 AC lot
View details
21860 Hamburg Ave
SHOW ROOM, WAREHOUSE

21860 Hamburg Ave, Lakeville, MN 55044-9034

Estimated value:
$2,125,000
46,002 sqft 4.75 AC lot
View details
17630 Kenwood Trl
RETAIL STORES (PERSONAL SERVICES)

17630 Kenwood Trl, Lakeville, MN 55044-9764

Estimated value:
$4,510,000
14,643 sqft 1.91 AC lot
View details
20164 Heritage Dr
SHOPPING CENTER, STRIP CENTER

20164 Heritage Dr, Lakeville, MN 55044-6855

Estimated value: by Request
15,718 sqft 4.90 AC lot
View details
17453 Dodd Blvd
CAR WASH

17453 Dodd Blvd, Lakeville, MN 55044-4409

Estimated value:
$1,060,000
3,776 sqft 1.56 AC lot
View details
17698 Kenwood Trl
DEPARTMENT STORE

17698 Kenwood Trl, Lakeville, MN 55044-9764

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

21725 Hamburg Ave, Lakeville, MN 55044-9035

Estimated value:
$2,920,000
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 4,690 square feet of properties for sale, with an estimated market value of $4,389,000.

Sale prices for stores 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

Shopping centers 4
Storefront properties 2
Grocery and convenience stores 1

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.

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