1900 Marshall Street NE, Minneapolis, MN 55415

$4,500,000
Property Type: Commercial Lot Size (sq. ft.): 62,726 Status: Active
Current Price: $4,500,000 List Date: 12/18/2025 Last Modified: 5/01/2026

Overview

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 exce ...

Listing Details MLS# 7001191

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
80
Waterfront Present
Yes
Year Built
1968
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
15320
Lake/Waterfront Name
Mississippi River
For Sale or Lease
For Sale
Acres
1.44
Lot Dimensions
238x257x239x257
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: Wheelchair Ramp CMU Style: Freestanding Construction Status: Previously Owned Current Use: Restaurant Exterior: Wood Foundation: Concrete Perimeter Fuel: Natural Gas Heating: Boiler On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
4500000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1900
Street Name
Marshall
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55415
Complex/Dev/Subdivision
Auditors Sub 034

Additional Parcels Information

Property ID #2
1002924440006

Building Information

Building Finished SqFt
15320

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
10
Township#
29

Sale Options

Sale Includes
Building

Unit Details

Total Units
Yes

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
AUDITOR'S SUBD. NO. 034 THAT PART OF LOT 18 LYING S OF THE N 65 FT THOF AND THAT PART OF LOT 19 LYING N OF THE S 80 FT THOF
Listing City
Minneapolis
Map Page
92
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
DNR Lake Classification
Not Applicable
Property ID Number
1002924440005
Tax Year
2025
Tax Amount
0
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
Follow I-94 W to N Washington Ave in Minneapolis. Take exit 229 from I-94 W Continue on N Washington Ave. Drive to Great River Rd/Marshall St NE 5 min (1.7 mi) Use the left 2 lanes to turn left onto N Washington Ave. Turn right onto Lowry Ave N 0.5 mi, Turn right onto Great River Rd/Marshall St NE.

Accessible

Wheelchair Ramp
Yes

Assessments

Assessment Balance
0
Tax With Assessments
0

Construction Status

Previously Owned
Yes

Exterior

Wood
Yes

Foundation

Concrete Perimeter
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Lake Details

Lake Depth
No

Lake/Waterfront

River Front
Yes

Parking Characteristics

Parking Lot
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes
Hot Water Separate
Yes

CMU Style

Freestanding
Yes

Current Use

Restaurant
Yes

Documents

IDX
Listing Office: RE/MAX Advantage Plus
Last Updated: May - 01 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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