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1900 & 1924 Marshall St NE
Minneapolis, MN 55418

Operated As Psycho Suzi's Iconic Event Center · Retail Property For Sale

Investment Highlights

  • 2nd Generation Restuarant
  • Waterfront Access to Mississippi River
  • Ability to Buy/Lease
  • 5-min drive to Interstate 94 and 10-min drive to Interstate 35W

Executive Summary

Obsidian Group is proud to exclusively list the former Psycho Suzi’s restaurant for sale and for lease. The flexibility of buying or leasing offered by the current owner gives any business leniency on how they can structure their new venture here. This Minneapolis icon is located on the Mississippi Riverbank, which is a few minutes north of downtown Minneapolis. This 15,000 square foot restaurant has a seating capacity of 750 people, has 4 bars, a massive outdoor patio overlooking the Mississippi River, private dining areas, offices, and a DJ booth with a dance floor. Furniture and equipment is a negotiable part of the sale or lease.

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Restaurant
Building Size
15,000 SF
Building Class
B
Year Built
1968
Price
$5,300,000
Price Per SF
$353
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
235 FT on Marshall

Amenities

  • Courtyard
  • Mezzanine
  • Pylon Sign
  • Restaurant
  • Signage
  • Waterfront
  • Wheelchair Accessible
  • Storage Space
  • Balcony

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10-029-24-44-0006
  • 10-029-24-44-0005
Land Assessment
$893,000
Improvements Assessment
$1,916,500
Total Assessment
$2,809,500
  • Listing ID: 34023211

  • Date on Market: 11/27/2024

  • Last Updated:

  • Address: 1900 & 1924 Marshall St NE, Minneapolis, MN 55418

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