Commercial Real Estate MN & County Hwy 70

Commercial Real Estate MN & County Hwy 70 has been in the local news recently. The Lakeville Chamber of Commerce held a meeting recently, about future plans and considerations for this county highway. This topic  is not only important to our team at APPRO and CERRON and its Lakevile location , but also for many of our clients and neighbors.

Mark Krebsbach, Dakota County Transportation Director/County Engineer gave the presentation and included the following topics:

  • Dakota County Highway System
  • Principal Arterial Study
  • County Highway Projects in Lakeville
  • County Highway 70 Conditions and Characteristics
  • Questions and Discussions

In this summary, you will learn about a few of the highlights of this presentation and we will also include links to additional information. 

 

Some of the key take away items included in this presentation were the following:

 

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Summary of County Highway 70 current conditions:

  • Predominantly 2-lane rural section
  • Transitioning to 3-lane section with left turn lanes
  • Full depth pavement rehabilitation in 2012 – pavement quality 3.9 out of 4.0
  • Coordination with development – access, turn lanes, right of way

 

Potential County Highway 70 project information summary:

  • 4-lane divided section
  • Likely beyond 2020
  • Split into two segments at CSAH 9 (Dodd Blvd.)
  • $30 million +/-

  

In conclusion, these changes are dependent on budgets and additional planning. We hope that our readers find this information of interest and if additional information is required, you may:

  • Contact Mark Krebsbach at Dakota County via email mark.krebsbach@co.dakota.mn.us with any questions you may have,
  • Download a full version of the PowerPoint presentation by clicking HERE, or
  • Please feel free to contact a member of our team if you would like to discuss the potential impact on your business.

We are happy to help in any way we can!

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 For more blogs about Dakota County MN click HERE.

Five reasons to purchase this former bank

A Former Bank Building is now for sale in Lakeville, MN:

The team at CERRON has recently listed a former bank building which is now available to purchase. Located at 17600 Cedar Avenue, Lakeville, MN 55044, this commercial building is gorgeous!

In this blog post, you will learn about our top five reasons to purchase this commercial building for sale: 

  • Size
  • Location
  • Zoning
  • Architecture
  • Price

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Top Five List

The following are the top five reasons we think this former bank building is an ideal site to purchase:

  • Size – The flex use building is 4,609 SF and is an ideal size for a variety of uses.
  • Location – Situated on a .93 acre lot, this commercial building faces Cedar Avenue, and is located on the southwest corner of Dodd Boulevard and Cedar Avenue in Lakeville, MN. One of Minnesota’s fastest growing cities! This building is also located just north of a new housing development which is targeting approximately 1,000 new homes.
  • Zoning – This property is zoned C-3, General Commercial District. This means that this site could be used in a variety of ways! For example, while a financial services building might be an ideal use of the building, a professional office building for general business use, a medical office for counseling, or even a restaurant, are all approved uses and any one of these and many other potential uses may be an ideal use of this building.
  • Architecture – This building was designed with gorgeous architectural features! The entrance, reception and shared spaces are filled with natural light radiating from the clerestory windows above. A soaring barrel vaulted wooden ceiling creates a warm and open space throughout. This is simply a beautiful environment in which to work and visit.
  • Price – This commercial property is being offered at $1,025,000. An amazing building at an ideal price.

These are just five of many reasons that purchasing 17600 Cedar Avenue in Lakeville, Minnesota make a whole lot of sense! If these five reasons have piqued your interest, you may want to take a look at the full listing offering page HERE.

Schedule your showing today:

You now have at least five reasons to come visit this building. If you are in the market to buy commercial real estate, this former bank / commercial building is just the right size, in an ideal location, with zoning which allows for a variety of uses, includes gorgeous architectural features, and is priced right! 

Contact our team to schedule your showing today!

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As you consider purchasing commercial real estate, you may also want to read this article:

 Financing Commercial Real Estate

 

LAND FOR SALE IN SOUTH METRO MN

Lots for Sale at Airlake Creekside Business Park by CERRON Land for sale in south metro, MN seems to be on the rise as APPRO Development, Inc. and CERRON Commercial Properties have seen a recent increase in land sales in the past year. This is not only a positive sign for the economy but for developers, land owners, and businesses alike. APPRO and CERRON have the latest information on commercial real estate MN.

In the past year, our group sold a 14.31 acre parcel on the south side of County Road 70 (215th Street West) and Highview Avenue. We also sold a lot in the Creekside Business Park located just off of the north side of County Road 70 (215th Street West) and Humboldt Court and are in the midst of a metal building project on this site for our client, which can be found on our Project Page.

CERRON has additional land listings available in the South Metro, and all indicators suggest now is the time to invest in land. Take a look at the following Land for Sale, to see if these might be a fit for your group:

1. JJT Business Park: This is a great site just off of Hwy 3 and County Road 42 in Rosemount, MN. The 36 acre site includes rail access and is zoned for manufacturing, distribution, office warehouse, and professional office buildings. With just 17 miles to St. Paul and less than 5 miles to Hwy 52, this is an ideal site for a variety of uses.

2. Bank Owned Industrial Land: This site located on the south side of County Road 70 and Highview Avenue, Lakeville, includes 10.14 platted acres with I-2 zoning for general industrial. This is a pad ready site with rail access via spur, outside storage permitted, and near Lakeville Airport.

3. Creekside Business Park: This site located just off County Road 70 on Humboldt Court, has just three three (3) lots remaining. Remaining lots range from 1.46 acres to 1.78 acres with outside storage permitted and great visibility – all located in MN’s second largest industrial park – Airlake Industrial Park, Lakeville, MN.

This is just a sampling of some of our land for sale in South Metro MN, with more land listings available HERE.

If you have commercial property you would like to sell, please contact our team to learn more about what makes CERRON’s commercial property services the best in the industry, in order to get your property sold at the best price in the least amount of time!