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1900 & 1924 Marshall St NE
Minneapolis, MN 55418
Operated As Psycho Suzi's · Retail Property For Sale
EXECUTIVE SUMMARY
The Iconic former Psycho Suzy’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, option for all newly updated 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 Suzy’s stands out as a rare ownership home run opportunity in the market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
15,000 SF
Building Class
B
Year Built
1968
Price
$4,500,000
Price Per SF
$300
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 | $2,096,500 | |
| Land Assessment | $893,000 | Total Assessment | $2,989,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$893,000
Improvements Assessment
$2,096,500
Total Assessment
$2,989,500
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