Freestanding Restaurant with Covered
For Sale
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3813 GEORGIA AVENUE NW, Washington, DC 20011
Freestanding, extensively renovated restaurant building with a covered rear patio and fully equipped commercial kitchen.
Property Size6,900 SF
Price / SF$0.01
Days on Market94
Property Features for 3813 GEORGIA AVENUE NW
General Information
Standard status
Active
Size
6,900 SF
Property subtype
Commercial
Site & Location
Neighborhood
Northwest
Restaurant
Commercial Hood
Yes
Patio
Yes
Additional Details
Sprinkler System
Yes
Amenities
high ceilings
spacious storage basement
Building Details
Year Built
1923
Year Renovated
2022
Buildings
1
Stories
2
Listing Agency:
Triple Net Investment Group LLC
Listed By:
Robert Gamzeh · License #0225088488
(202) 361-3050
Source:
Cummingsrealtors
Added: Jul 27
Changed: Oct 27
Last Checked: Oct 28 at 8:12AM
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 Triple Net Investment Group LLC
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Investment Insights
Based on property information with market context.
This freestanding restaurant building at 3813–3815 Georgia Ave NW offers approximately 6,900 SF across two expansive levels, plus a spacious storage basement. Extensively renovated in 2022, the property includes fully updated infrastructure, featuring a full sprinkler system, upgraded electrical, and new plumbing. The space is currently built out as a second-generation restaurant with a fully equipped commercial kitchen.
A standout feature is the rare, large covered outdoor patio in the rear, suited to restaurant seating or other client-facing uses. The commercial kitchen includes a 15-to-20-foot hood and walk-in cooler. The flexible layout can also support a fast-track build-out for childcare facilities, medical clinics, or retail concepts.
The building is highly visible and positioned about one block from the Georgia Ave–Petworth Metro Station on the Green Line, benefiting from strong transit access and heavy foot traffic in the surrounding retail corridor.
A standout feature is the rare, large covered outdoor patio in the rear, suited to restaurant seating or other client-facing uses. The commercial kitchen includes a 15-to-20-foot hood and walk-in cooler. The flexible layout can also support a fast-track build-out for childcare facilities, medical clinics, or retail concepts.
The building is highly visible and positioned about one block from the Georgia Ave–Petworth Metro Station on the Green Line, benefiting from strong transit access and heavy foot traffic in the surrounding retail corridor.
Key Highlights
- Large covered rear patio for outdoor seating or client‑facing space
- One block from Georgia Ave–Petworth Metro Station (Green Line)
- Extensively renovated in 2022 with updated infrastructure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,375
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,407,500
$1.4M
Cap Rate 7%
$1,005,357
$1.0M
Cap Rate 9%
$781,944
$781.9K
Market Conditions
NOI Build-Up for 6,900 SF
Gross rent
$107.6K $15.60/SF
− Vacancy
−$7.1K −$1.03/SF
EGI
$100.5K $14.57/SF
− OpEx
−$30.2K −$4.37/SF
NOI
$70.4K $10.20/SF
Area
ZIP 20011
Vacancy
6.60%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,407,500
Cap Rate 7%
$1,005,357
Cap Rate 9%
$781,944
Alternative Uses
Best Use
Specialty Retail
$2.55M
$2.24M – $2.98M
NOI $178,848 @ 7.0% cap · market cap 510,994.29%
Second Best
Industrial
$1.01M
$879.7K – $1.17M
NOI $70,375 @ 7.0% cap · market cap 201,071.43%
Theoretical Best
Office A
$3.56M
$3.12M – $4.16M
NOI $249,374 @ 7.0% cap · market cap 712,497.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
2,354
Businesses Nearby
69k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Home Improvements & Furnishings 11%
Dining 6%
Electronics 3%
Exxon
Shops & Services
13,952 visits/mo
0.5 miles
Exxon
Shops & Services
8,172 visits/mo
0.2 miles
BP
Shops & Services
8,046 visits/mo
0.4 miles
Petworth Ace Hardware
Home Improvements & Furnishings
7,747 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,996 visits/mo
0.1 miles
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
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 - Freestanding, extensively renovated restaurant building with a covered rear patio and fully equipped commercial kitchen.
Where is this conventional restaurant located?
The property is located at 3813 GEORGIA AVENUE NW Washington, DC.
What are key features of this property?
This property features: Large covered rear patio for outdoor seating or client‑facing space; One block from Georgia Ave–Petworth Metro Station (Green Line); Extensively renovated in 2022 with updated infrastructure
