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Mixed-Use Building with Retail Bays
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3651-3661 Georgia Ave NW, Washington, DC 20010

Eight 1BD/1BA apartments sit above five retail bays, with three bays currently leased.

Property Size42,059 SF
Days on Market154

Property Features for 3651-3661 Georgia Ave NW

General Information

Standard status Active
Size 42,059 SF
Property subtype RETAIL

Site & Location

Neighborhood Park View
Road Access Yes
Public Transit Yes

Units

Unit Mix 8 x 1BD/1BA
Multifamily Units 8

Additional Details

Furnished No

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Greysteel - Corporate
Listed By: Ian Weisz
Source: Moodyscre
Added: May 29 Changed: Oct 25 Last Checked: Oct 28 at 7:50AM

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 Greysteel - Corporate

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Investment Insights

Based on property information with market context.

A mixed-use development asset featuring a +15,500 SF building with eight 1BD/1BA apartments over five retail bays on the 3651-3661 Georgia Ave NW corridor in Washington, DC. Three of the five retail bays are currently leased, while the remaining retail and residential components provide a path to lease-up and stabilization.

The property is positioned just one block from the Georgia Ave Petworth Metro Station, supporting transit-oriented access. Fully approved plans and permits are included for a larger mixed-use project totaling +42,000 SF, with 39 residential units over +3,000 SF of retail.

The existing eight residential units are delivered in shell condition and free of TOPA, allowing flexibility for a buyer’s preferred buildout and timing. An option is noted for the seller to deliver the units in turnkey condition for an expedited path to occupancy.

Key Highlights

  • +15,500 SF mixed‑use building with eight 1BD/1BA apartments over five retail bays
  • Three of five retail bays are currently leased
  • One block from the Georgia Ave Petworth Metro Station

Property Analytics

Current Use

Retail space

Suggested Use

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

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

Lease Details

8
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,917
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Eight 1BD/1BA apartments sit above five retail bays, with three bays currently leased.
Where is this mixed-use property located?
The property is located at 3651-3661 Georgia Ave NW Washington, DC.
What are key features of this property?
This property features: +15,500 SF mixed‑use building with eight 1BD/1BA apartments over five retail bays; Three of five retail bays are currently leased; One block from the Georgia Ave Petworth Metro Station
(301) 461-7817 Call to check price and availability
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