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1900 & 1924 Marshall St NE
Minneapolis, MN 55418
Operated As Psycho Suzi's · Retail Property For Sale
Investment Highlights
- Premier waterfront restaurant and bar property along the Mississippi River.
- Indoor seating for 650+ guests and 300+ additional seats on the outdoor patio and deck.
- 80 on-site parking spaces provide convenience for guests.
- Fully built-out main-level restaurant with large indoor/outdoor bar and upgraded kitchen.
- Features include a multi-level deck, gas fire torches, and a marquee sign for visibility.
Executive Summary
The Iconic former Psycho Suzi’s Restaurant can and should be yours! This premier direct Mississippi River waterfront real estate, restaurant and bar offers one of the most dynamic hospitality settings available not only in the Twin Cities but throughout the entire region. This fully built-out main-level restaurant features a large indoor/outdoor bar, a spacious and recently overhauled commercial kitchen, brand new multi-zone HVAC system in a building with 18 tap lines, multiple walk-ins, and multiple restroom oasis, making it ideal for high-volume service. With indoor seating capacity at 650+ and an additional 300+ seats on the expansive waterfront patio/deck, this property delivers exceptional scale and opportunity. Own where guests enjoyed a unique outdoor check-the-box experience highlighted by a multi-level deck, gas-powered fire torches, and panoramic water views from every level. The site also includes 80 on-site parking spaces and a huge pole sign with a marquee, offering excellent visibility and accessibility. Perfect for operators seeking a high-profile, high-capacity waterfront destination of varying degrees, Psycho Suzi’s stands out as a rare ownership home run opportunity in the market. This great property is also available for lease. Floor 1, where the kitchen is located can be leased for $19,000 a month with the tenant also being responsible for utilities & expenses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
B
Year Built/Renovated
1968/2026
Price
$5,628,000 CAD
Price Per SF
$375.20 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
1.44 AC
Zoning
PR-1 - Production mixed-use district
Parking
80 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Courtyard
- Mezzanine
- Pylon Sign
- Restaurant
- Signage
- Waterfront
- Wheelchair Accessible
- Storage Space
- Balcony
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,371,467 CAD | |
| Land Assessment | $1,270,078 CAD | Total Assessment | $4,641,546 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,270,078 CAD
Improvements Assessment
$3,371,467 CAD
Total Assessment
$4,641,546 CAD
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