Property summary
This exceptional 995-square-foot retail space, situated on a 0.03-acre corner lot at 7929 Norfolk Avenue in Bethesda, MD, presents a remarkable investment opportunity. Located in the bustling Woodmont Triangle, this property boasts high visibility due to its prominent corner location and large windows facing Norfolk and Cordell Avenues. The space features a full-service bar, dining hall, kitchen, storage room, and two bathrooms, making it ideally suited for a restaurant or similar commercial use. A new roof was installed in 2024, and the 12-foot ceilings contribute to a spacious feel. The open dining hall includes ample counter space. This prime location benefits from proximity to public parking garages, the Bethesda Metro Center (2-3 blocks away), upscale residences, hotels, and numerous office buildings, ensuring high foot traffic and visibility. The area hosts weekly summer street festivals, further enhancing its appeal. The seller is open to both sale and lease options. This property offers a blank canvas for a new venture or the opportunity to revitalize an existing restaurant operation within one of Bethesda's most desirable commercial zones. The seller prioritizes formal offers over Letters of Intent. A seller-approved Purchase and Sale Agreement template is available upon request. Offers are due by December 2nd at 6 PM.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CR3.0 · Bethesda, MDZoning
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Zoning designation
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