Restaurant Building For
3603-3605 Georgia Ave NW #3 Washington, DC 20010
3603-3605 Georgia Ave NW #3, Washington, DC, 20010
$1,400,000
For Sale
$1,400,000
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 Market285
Property Features for 3603-3605 Georgia Ave NW #3
General Information
- Standard status
- Active
- Size
- 3,016 SF
Building Details
- Year Built
- 1920
Listing agency
OWN REAL ESTATE
(202) 957-8332
Listed by
Jeremiah Abu-Bakr
(202) 957-8332
Source
Evrealestate
Added: Oct 12, 2025 Updated: Jul 22 at 1:58AM Checked: Jul 22 at 6:39AM
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
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
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.6k | $26.40 |
| − Vacancy | −$2.8k | −$0.92 |
| EGI | $76.8k | $25.48 |
| − OpEx | −$19.2k | −$6.37 |
| NOI | $57.6k | $19.11 |
3,016 SF · lease $26.40/SF/yr · vacancy 3.50% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
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
