For Sale: Minneapolis MLS# 7001191
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Property Description
The Iconic former Psycho Suzy’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, option for all newly updated 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 Suzy’s stands out as a rare ownership home run opportunity in the market.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$4,500,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1968
State:
MN
Property Style:
Other
Zip Code:
55415
Neighborhood/Area:
5
Subdivision Name:
Auditors Sub 034
Exterior
Garage Spaces:
0
Foundation Size:
15,320 ft2
Handicap Accessible:
Wheelchair Ramp(s)
Heating System:
Boiler
Parking Features:
Parking Lot
Lake & Waterfront
Waterfront:
River Front
Lot & Land
Acres:
1.44
Geolocation:
45.00759, -93.272334
Inclusions:
Building
Lot Dimensions:
238 x 257 x 239 x 257
Addl Parcels:
1002924440006
Zoning:
Business/Commercial
Schools
School District:
558
District Phone:
6126680000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
None
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
None
Units
Total Units:
1
Miscellaneous
Current Use:
Restaurant
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.