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    Turnkey Restaurant with Tavern License Title is generated by Realmo AI

    4306 Georgia Ave NW, Washington, DC 20011

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    Turnkey restaurant and bar with event-ready second floor and a current certificate allowing up to 190 occupants.

    Type:Retail
    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 2:26 am

    Property Features for 4306 Georgia Ave NW

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 4306 Georgia Ave NW Contact us

    We can help!

    Listing Contact
    Shadi Ayyoubi
    Shadi Ayyoubi

    Listing agent Shadi Ayyoubi License #0225097564

    Listing office Divaris Real Estate Inc DC Regional Office

    Listing date Jun 1, 2026

    Source Divaris

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Divaris Real Estate Inc DC Regional Office

    HighLights

    • Turnkey restaurant and bar at 4306 Georgia Ave NW, Washington, DC
    • Current certificate of occupancy supports a total occupant load of 190 seats
    • Second‑floor layout is suitable for events
    • Conveys with a sought‑after tavern license
    • Second generation restaurant and bar with flexible zoning
    • Significant frontage on Georgia Ave

    Overview

    This turnkey restaurant and bar opportunity is set up for an operator seeking an efficient path to opening. The space includes a second floor that is described as ideal for events, and the current certificate of occupancy supports a total occupant load of 190 seats. The property also conveys with a highly sought-after tavern license, which can be a key component for a qualified operator looking to operate a full-service concept. The current certificate of occupancy and existing licensing provide a clear starting point for experienced restaurant teams.

    Located in Washington, DC at 4306 Georgia Ave NW, the property is positioned within the Petworth submarket and is surrounded by both retail and residential development. The listing also notes significant frontage on Georgia Ave, supporting strong visibility for walk-in and drive-by traffic within a busy neighborhood setting.

    With second-generation restaurant and bar positioning, flexible zoning, and the stated event-friendly second floor configuration, this site can fit restaurant and beverage operators who want a turnkey platform rather than starting from scratch. The combination of licensing, defined seating capacity, and prominent main-road frontage is well suited to operators planning dining service alongside programmed events and bar offerings.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Map

    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -77.026158
    Latitude
    38.9432307

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    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey restaurant and bar with event-ready second floor and a current certificate allowing up to 190 occupants.
    Where is this conventional restaurant located?
    The property is located at 4306 Georgia Ave NW Washington, DC.
    What are key features of this property?
    This property features: Turnkey restaurant and bar at 4306 Georgia Ave NW, Washington, DC; Current certificate of occupancy supports a total occupant load of 190 seats; Second‑floor layout is suitable for events
    (571) 455-7021
    We can help!
    Listing Contact
    Shadi Ayyoubi
    Shadi Ayyoubi
    Real Estate License ID: 0225097564
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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