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Petworth Retail Investment Opportunity
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3632 Georgia Avenue Northwest, Washington, DC 20010

Two contiguous, fully occupied retail properties in vibrant Petworth neighborhood.

Property Size3,576 SF
Price / SF$720.08
Days on Market103

Property Features for 3632 Georgia Avenue Northwest

General Information

Standard status Active
Size 3,576 SF
Property subtype Retail
Zoning NMU-7B/GA
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $206,336

Building Details

Buildings 2
Tenancy Multi
Listing Agency: NAI KLNB (Baltimore, MD)
Listed By: Vito Lupo · License #DC SP98372397
Source: Crexi
Added: May 26 Changed: Sep 3 Last Checked: Sep 5 at 12:38AM

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 NAI KLNB (Baltimore, MD)

Investment Insights

Based on property information with market context.

Located in the Petworth neighborhood of Northwest DC, the property includes two contiguous retail properties at 3630 and 3632 Georgia Avenue NW. The properties offer approximately 3,576 rentable square feet, with a usable rear patio area. The buildings are fully occupied by food and beverage concepts. The tenants are Afro Lounge (formerly Tsehay Ethiopian Restaurant) at 3630 Georgia Avenue, and Kuro Listening Bar (Culture District) at 3632 Georgia Avenue.

Key Highlights

  • Located in the vibrant Petworth neighborhood of Northwest DC.
  • Two contiguous retail properties being sold together.
  • Comprises approximately 3,576 rentable square feet plus useable rear patio area.

Property Analytics

Current Use

Mr. Braxton Bar ... Restaurant

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,917
Businesses Nearby
116k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Groceries 39% Home Improvements & Furnishings 7% Dining 3%
Giant Groceries
45,769 visits/mo 0.5 miles
Exxon Shops & Services
13,952 visits/mo 0.4 miles
Exxon Shops & Services
8,172 visits/mo 0.4 miles
BP Shops & Services
8,046 visits/mo 0.2 miles
Petworth Ace Hardware Home Improvements & Furnishings
7,747 visits/mo 0.4 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

Market

Vacancy Rate% for Retail in Washington, DC

4.9% 2019
5.4% 2020
5.6% 2021
4.8% 2022
4.6% 2023
4.2% 2024
4.6% 2025
Rey
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Similar Off Market Nearby

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  • LA COCINA DE TU CASA 1400 Irving St NW, Washington, DC 20010
  • BarSphere 3568 14th St NW, Washington, DC 20010
  • Three Friends Catering 4203 16th St NW, Washington, DC 20011

Frequently Asked Questions

What type of property is this?
Restaurant - Two contiguous, fully occupied retail properties in vibrant Petworth neighborhood.
Where is this restaurant located?
The property is located at 3632 Georgia Avenue Northwest Washington, DC.
What is the asking price?
The asking price for this property is $2,575,000.
What are key features of this property?
This property features: Located in the vibrant Petworth neighborhood of Northwest DC.; Two contiguous retail properties being sold together.; Comprises approximately 3,576 rentable square feet plus useable rear patio area.
More about this property
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