www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34528741
34528748

3217 Georgia Avenue Northwest, Washington, DC 20010 For Sale

RS
DC DC SP98374805
Feldman Ruel
Listed by Feldman Ruel
$1,700,000
2 days on market
Updated 2 days ago

3217 Georgia Avenue Northwest

Details
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 3,121
Tenancy Multi
Year Built 1909
Year Renovated 2021
Lot Size (SqFt) 1,420
Zoning NMU-4/GA
Ground Lease No

2nd Generation Restaurant Space Located Along the Georgia Avenue Corridor

Marketing description

Feldman Ruel is pleased to exclusively offer for sale 3217 Georgia Avenue NW; a second-generation restaurant located along the culturally rich Georgia Avenue corridor in the Park View neighborhood of Washington, D.C. which borders Columbia Heights. Delivered vacant, the subject property is well suited for both an investor or user due to the exceptional turn-key condition of the subject property and inclusion of equipment that represented more than $1,000,000 in capital improvements. 3217 Georgia Avenue NW consists of 3,121 square feet of leasable area across three levels, situated on a 1,420-square-foot, NMU-4/GA zoned lot. Fully renovated in 2021, the subject property was intentionally designed for a restaurant, lounge, or café to welcome guests through the property’s two access points fronting along Georgia Avenue NW. The first level has its own bar with space for seating, one restroom, and a full kitchen with a hood system. There is also a dumbwaiter that is accessible on all three levels. The second and third levels can be utilized independently through a second access point or by way of the vestibule connecting the first level to the stairwell leading to the upper levels. The second level has a full bar, one restroom, a small office, and outdoor access to the roof of the first level whereby a potential outdoor patio could be built. The third level offers a bar, two restrooms, and additional seating. Each level has a single point of access and is fully sprinklered for smoke and fire protection.

The open floor plans on each level, with ceiling heights exceeding 10 feet, allow for a variety of creative retail uses that can take advantage of the exceptionally well-maintained kitchen. The subject property’s NMU-4/GA zoning also allows a purchaser to take advantage of the untapped FAR in order to make additions to the property to incorporate another by-right use, such as multifamily.

Investment highlights

  • Second-Generation Restaurant with Multiple Bars & Seating Areas Above
  • Rapidly Developing Submarket with Strong Base of Retail Operators
  • Heavily Trafficked Commercial Corridor | 14,944 VPD
  • Less than 1 Mile from the Columbia Heights Metrorail | 8,105 Riders per Day
  • 5 Blocks North of Howard University | ~19,000 Students, Faculty, & Staff
  • Located Along a Great Streets Corridor | Grant Eligibility up to $80,000

Listing Contacts

RS
DC DC SP98374805
Feldman Ruel
Listed by Feldman Ruel

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Ryan Smith
License
DC SP98374805
Brokerage
Feldman Ruel
Title
Associate Director
Brokerage Address
4800 Montgomery Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591