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Neal Anderson, Managing Broker
(612) 865-5955
Counselor Realty, Inc |
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1900 Marshall Street Ne, Minneapolis, MN 55415
STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Auditors Sub 034
SCHOOL: Minneapolis
Property Description
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 Features
Property Type: Commercial - Business Fuel Type: Natural Gas Heating: Boiler Lot Size: 1.44 Acres Taxes: $0 Year Built: 1968
Feature Descriptions
Current Use: Restaurant
Days on Site: 120
Foundation Size: 15320
Handicap Accessible: Wheelchair Ramp(s)
Lot Dimensions: 238x257x239x257
Parcel#: 1002924440005
Parking: Parking Lot
Sale Includes: Building
Sewer: City Sewer/Connected
Units: 1
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: City Water/Connected
Waterfront: River Front
Local Schools
School District: Minneapolis
Listed By / Shown By
Agency Name: RE/MAX Advantage Plus
Agency Phone: 763-755-1100
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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1900 Marshall Street Ne | MLS# 7001191
This commercial property located at 1900 Marshall Street Ne, Minneapolis, MN 55415 is currently listed for sale with an asking price of $4,500,000. Marshall Street Ne is located within the Minneapolis school district. Search Minneapolis real estate on nanderson.counselorrealty.com today.