981 Sibley Memorial Highway, Saint Paul, MN 55118

Overview

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.

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 100
Owner Occupied: Yes
Year Built: 2002
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 11000
For Sale or Lease: For Sale
Acres: 0.45
Lot Dimensions: 203x103
Garage Stalls: 0

Property Features

Accessible: Fully Wheelchair; No Stairs External Air Conditioning: Central Air Amenities Unit: Indoor Sprinklers; Patio; Porch; Tile Floors Assumable Loan: Not Assumable Basement: Slab CMU Style: Freestanding Construction Status: Previously Owned Current Use: Restaurant Existing Financing: Conventional Exterior: Brick/Stone; Stucco Fencing: None Financing Terms: Other Flooring: Carpet; Concrete Slab; Tile Foundation: Slab Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Common; Heating Common Parking Characteristics: Parking Lot; Paved Lot; Uncovered/Open Potential Use: Restaurant Road Frontage: Curbs; Paved Streets; Sidewalks; State Road; Storm Sewer Roof: Age 8 Years or Less; Asphalt Shingles; Pitched Sewer: City Sewer/Connected Stories: Two Topography: Level Wall Description: Drywall; Finished; Insulated Water: City Water/Connected Window Features: Aluminum Frames; Double Pane Windows; Window Treatments

Contract Information

Off Market Date: 2025-11-02
Closed Date: 2025-11-12
Sales Close Price: 2675000
Contingency: None
ListPrice: 2800000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 981
Street Name: Sibley Memorial
Street Suffix: Highway
Postal City: Saint Paul
County: Dakota
State: MN
Zip Code: 55118
Complex/Dev/Subdivision: Stonebridge Of Lilydale 3rd Add

Assessments

Tax With Assessments: 43172
Assessment Balance: 0

Building Information

Building Finished SqFt: 12186
Building SqFt: 12186

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 23
Township#: 28

Sale Options

Sale Includes: Building

Unit Details

Total Units: Yes

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: STONEBRIDGE OF LILYDALE 3RD ADDITION 2 1
Map Page: 121
Municipality: Lilydale
School District: West St. Paul-Mendota Hts.-Eagan
School District Phone: 651-403-7002
Zip Plus 4: 5109
Property ID Number: 246750201020
Tax Year: 2024
Tax Amount: 43172
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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.
Directions: 35E to Hwy 13. West on

Accessible

Fully Wheelchair: Yes
No Stairs External: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Indoor Sprinklers: Yes
Patio: Yes
Porch: Yes
Tile Floors: Yes

Assumable Loan

Not Assumable: Yes

Basement

Slab: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Conventional: Yes

Exterior

Brick/Stone: Yes
Stucco: Yes

Fencing

None: Yes

Financing Terms

Other: Yes

Flooring

Carpet: Yes
Concrete Slab: Yes
Tile: Yes

Foundation

Slab: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lake/Waterfront

Pond: Yes

Parking Characteristics

Parking Lot: Yes
Paved Lot: Yes
Uncovered/Open: Yes

Road Frontage

Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
State Road: Yes
Storm Sewer: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Topography

Level: Yes

Wall Description

Drywall: Yes
Finished: Yes
Insulated: Yes

Water

City Water/Connected: Yes

Window Features

Aluminum Frames: Yes
Double Pane Windows: Yes
Window Treatments: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes

CMU Style

Freestanding: Yes

Current Use

Restaurant: Yes

Potential Use

Restaurant: Yes