Map
Listed price in listed location currency (USD).
$2,675,000
$2,800,000

000

MLS® 6686696

Overview

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $43,172
Lot Size 
Approx. Age 2002
MLS® Number 6686696

Property Address: 981 Sibley Memorial Hwy, Lilydale, MN, 55118-5109

Average square foot calculated using Size range provided by listing agent.

Description

This high-end mixed-use retail/restaurant space is within the sought-after Stonebridge development, boasting strong foot traffic, ample parking, and excellent signage visibility. The building was purpose-built for foodservice, featuring professional-grade kitchens, a wine shop, an elegant dining space, and a thriving Italian market/deli. Home to two of the Twin Cities' most renowned Italian establishments: Buon Giorno Italia and Osteria I Nonni. This turn-key, high-visibility property benefits from an affluent customer base in Mendota Heights, Lilydale, and Mendota. The prime location at the intersection of Sibley Memorial Highway (MN-13) and 35E has easy access to St. Paul, Minneapolis, and the MSP airport. Tenant Businesses: Buon Giorno Italia – An iconic Italian market, deli, and wine shop serving gourmet imported goods, fresh-made pastas, and artisan specialties for over 20 years. Osteria I Nonni – A highly acclaimed fine-dining Italian restaurant known for its authentic regional cuisine, award-winning wine list, and elegant ambiance.
MLS® Number6686696
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2002
BasementSlab
DrivewayParking Lot, Paved, Open
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Nov 2, 2025End Date
$2,675,000Sold Price

Sold

Mar 18, 2025List Date
$2,800,000List Price

Map

Curious about your home's value?

Similar Listings

Comparable Properties