Lilydale, MN 55118,981 Sibley Memorial HWY
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Lilydale, MN 55118,981 Sibley Memorial HWY
Lilydale, MN 55118,981 Sibley Memorial HWY
Lilydale, MN 55118,981 Sibley Memorial HWY
Lilydale, MN 55118,981 Sibley Memorial HWY

$2,675,000

Est. payment /mo

$2,800,000

4.5%
Est.Price: ?

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981 Sibley Memorial HWY Lilydale, MN 55118

0.45 Acres Lot

SOLD DATE : 11/12/2025

Key Details

Sold Price $2,675,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Stonebridge Of Lilydale 3Rd Add

MLS Listing ID 6686696

Year Built 2002

Annual Tax Amount $43,172

Tax Year 2024

Lot Size 0.450 Acres

Property 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.

Location

State MN

County Dakota

Zoning Business/Commercial

Interior

Heating Forced Air

Cooling Central Air

Exterior

Parking Features Parking Lot, Paved, Open

Utilities Available Electric Common, Heating Common

Waterfront Description Pond

Roof Type Age 8 Years or Less,Asphalt,Pitched

Building

Story Two

Foundation 11000

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone,Stucco

Schools

School District West St. Paul-Mendota Hts.-Eagan

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Listed by Stephen Norton • Norton Realty, Inc
Ambar Larsen

Ambar Larsen

Real Estate Agent | BK 40741591

+1(651) 260-4437

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