Restaurant Building For
For Sale
$1,400,000
3603-3605 Georgia Ave NW #3, Washington, DC 20010
For sale restaurant property located on Georgia Ave NW in Washington, DC, with documented route directions included.
Property Size3,016 SF
Price / SF$464.19
Days on Market382
Property Features for 3603-3605 Georgia Ave NW #3
General Information
Standard status
Active
Size
3,016 SF
Zoning
COMMERCIAL
Site & Location
Neighborhood
Park View
Taxes and HOA fees
Annual Taxes
$14,581
Amenities
Central Air, Attic Fan
Natural Gas
Electric Water Heater
City
On Street
Building Details
Building Size
3,016 SF
Year Built
1920
Stories
2
Listing Agency:
Own Real Estate
Listed By:
Jeremiah Abu-Bakr
(202) 957-8332
Source:
Evrealestate
Added: Oct 12, 2025
Changed: Oct 25
Last Checked: Oct 26 at 4:17PM
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 Own Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale restaurant building is located at 3603-3605 Georgia Ave NW #3 in Washington, DC 20010. The property information provided includes turn-by-turn directions for reaching the destination.
The directions indicate travel along New Hampshire Ave and onto MD-650 S/New Hampshire Ave, continuing on New Hampshire Ave before entering the District of Columbia. The route notes passing McDonald’s on the left approximately 4 miles before continuing to North Capitol St NW, then through a traffic circle to proceed toward Quincy St NW and Georgia Ave NW.
The available information characterizes the asset as a conventional restaurant, but it does not include additional details regarding interior layout, equipment, or specific unit configuration.
The directions indicate travel along New Hampshire Ave and onto MD-650 S/New Hampshire Ave, continuing on New Hampshire Ave before entering the District of Columbia. The route notes passing McDonald’s on the left approximately 4 miles before continuing to North Capitol St NW, then through a traffic circle to proceed toward Quincy St NW and Georgia Ave NW.
The available information characterizes the asset as a conventional restaurant, but it does not include additional details regarding interior layout, equipment, or specific unit configuration.
Key Highlights
- Central air cooling with an attic fan
- Natural gas heating
- Electric water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,627
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,540
$1.2M
Cap Rate 7%
$823,243
$823.2K
Cap Rate 9%
$640,300
$640.3K
Market Conditions
NOI Build-Up for 3,016 SF
Gross rent
$79.6K $26.40/SF
− Vacancy
−$2.8K −$0.92/SF
EGI
$76.8K $25.48/SF
− OpEx
−$19.2K −$6.37/SF
NOI
$57.6K $19.11/SF
Area
Washington, DC
Vacancy
3.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,540
Cap Rate 7%
$823,243
Cap Rate 9%
$640,300
Alternative Uses
Best Use
Specialty Retail
$823.2K
$720.3K – $960.5K
NOI $57,627 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,593 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,154
Businesses Nearby
104k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Groceries 44%
Electronics 3%
Beauty & Spa 1%
Giant
Groceries
45,769 visits/mo
0.4 miles
Exxon
Shops & Services
13,952 visits/mo
0.4 miles
BP
Shops & Services
8,046 visits/mo
0.1 miles
7-Eleven
Shops & Services
6,996 visits/mo
0.5 miles
7-Eleven
Shops & Services
5,639 visits/mo
0.5 miles
Demographics for 20010, DC
32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Washington, DC
Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale restaurant property located on Georgia Ave NW in Washington, DC, with documented route directions included.
Where is this conventional restaurant located?
The property is located at 3603-3605 Georgia Ave NW #3 Washington, DC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Central air cooling with an attic fan; Natural gas heating; Electric water heater
