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    3930 Georgia Ave Washington, DC 20011

    Sponsored
    For Lease
    Contact for pricing

    Prime Petworth location, 2840 sq ft.

    Lot size:
    2,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,840 square foot restaurant space, located at 3930 Georgia Ave NW in Washington, DC's vibrant Petworth submarket, presents a unique opportunity for a discerning tenant. Situated in a six-story building constructed in 2015, this single-tenant space is completely vacant and ready for immediate occupancy. The property is classified as a second-generation restaurant, offering a turnkey solution for a new establishment. The address is 3930 Georgia Ave NW, conveniently located near the intersection of Georgia Avenue and Shepherd St NW, ensuring high visibility and accessibility. The building's location within Columbia County, District of Columbia, places it within a thriving community with a strong local customer base. The property's total square footage is 2,840 square feet, all of which is currently available for lease. This presents a blank canvas for a restaurant concept to flourish, benefiting from the existing infrastructure and prime location. The property's zip code is 20011. This is an ideal opportunity for a restaurant seeking a move-in ready space in a desirable and high-traffic area of Washington, DC. The property's convenient location and ample square footage make it an attractive option for a variety of restaurant concepts.

    Property Features for 3930 Georgia Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,840 SF

    Building Details

    Year Built
    2015
    Stories
    6

    Unit(s) available at that property

    Space
    Size
    2,840 SF

    HighLights

    • High‑visibility corner location at Shepherd St NW & Georgia Ave NW, a major commercial thoroughfare.
    • 2,840 square feet of available space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington
    County
    Columbia
    State
    District of Columbia
    Longitude
    -77.02497929
    Latitude
    38.93969794

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    FAQs

    What type of property is this?
    Restaurant - Prime Petworth location, 2840 sq ft.
    Where is this restaurant located?
    The property is located at 3930 Georgia Ave Washington, DC.
    What are key features of this property?
    This property features: High-visibility corner location at Shepherd St NW & Georgia Ave NW, a major commercial thoroughfare.; 2,840 square feet of available space.;
    Request Owner's contact information
    3930 Georgia Ave Washington, DC 20011
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    Washington, DC 20011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3930 Georgia Ave Washington, DC 20011
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