Your email has been sent.
Operated As Psycho Suzi's 1900 & 1924 Marshall St NE 7,660 - 15,000 SF of Retail Space Available in Minneapolis, MN 55418
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,660-15,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
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.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 15,000 SF | Gross Leasable Area | 15,000 SF |
| Min. Divisible | 7,660 SF | Year Built | 1968 |
| Property Type | Retail | Parking Ratio | 5.33/1,000 SF |
| Property Subtype | Restaurant |
| Total Space Available | 15,000 SF |
| Min. Divisible | 7,660 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 15,000 SF |
| Year Built | 1968 |
| Parking Ratio | 5.33/1,000 SF |
Features and Amenities
- Courtyard
- Mezzanine
- Pylon Sign
- Restaurant
- Signage
- Waterfront
- Wheelchair Accessible
- Storage Space
- Balcony
Nearby Major Retailers
Contact the Leasing Agent
Operated As Psycho Suzi's | 1900 & 1924 Marshall St NE