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Off Market
1/17

1900 & 1924 Marshall St NE
Minneapolis, MN 55418


HIGHLIGHTS

  • Direct waterfront dining
  • large exclusive parking lot
  • Northeast Arts District
  • Easily divisible into duplex for income stability

OVERVIEW

The former Psycho Suzi’s Motor Lounge was a Waterfront Paradise and the premier tiki bar of Minneapolis. Located on the banks of the mighty Mississippi, the building provides a Polynesian escape on two floors with the largest waterfront tropical patio in Minneapolis. With total seating for 750 guests, 4 bars, two patios, thatching, tikis, torches, and kitschy retro decor (included), this property provides an opportunity for an owner/investor to split the property into a duplex for income security or utilize the entire space for their enterprise. The building itself is two levels w/ an entry mezzanine level. The leased area calculation does not include the huge (approx.) 8,000 sq. ft of outdoor patio space which is an incredible opportunity for waterfront dining. Year round gas fired torches light up the waterfront and river dining terrace creating romantic and enchanted evenings. Additional amenities include private dining areas, private offices, DJ booth and dance floor, indoor/outdoor bar, huge parking lot, waterfront access for a boat dock, and/or the opportunity to build out an electric boat marina! This property offers a great opportunity for multiple uses with fixed rare assets. There are only so many large waterfront parcels.

FOR LEASE DETAILS

PRICE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Operated As Psycho Suzi's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

15000

STORIES

2

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

10-029-24-44-0005,10-029-24-44-0006