3217 Georgia Ave NW 3,121 SF Vacant Retail Building Washington, DC 20010 $1,700,000 ($544.70/SF)

Feldman Ruel is pleased to exclusively offer for sale 3217 Georgia Avenue NW; a second-generation restaurant located along the culturally rich Georgia Avenue corridor in the Park View neighborhood of Washington, D.C. which borders Columbia Heights. Delivered vacant, the subject property is well suited for both an investor or user due to the exceptional turn-key condition of the subject property and inclusion of equipment that represented more than $1,000,000 in capital improvements. 3217 Georgia Avenue NW consists of 3,121 square feet of leasable area across three levels, situated on a 1,420-square-foot, NMU-4/GA zoned lot. Fully renovated in 2021, the subject property was intentionally designed for a restaurant, lounge, or café to welcome guests through the property’s two access points fronting along Georgia Avenue NW. The first level has its own bar with space for seating, one restroom, and a full kitchen with a hood system. There is also a dumbwaiter that is accessible on all three levels. The second and third levels can be utilized independently through a second access point or by way of the vestibule connecting the first level to the stairwell leading to the upper levels. The second level has a full bar, one restroom, a small office, and outdoor access to the roof of the first level whereby a potential outdoor patio could be built. The third level offers a bar, two restrooms, and additional seating. Each level has a single point of access and is fully sprinklered for smoke and fire protection.
The open floor plans on each level, with ceiling heights exceeding 10 feet, allow for a variety of creative retail uses that can take advantage of the exceptionally well-maintained kitchen. The subject property’s NMU-4/GA zoning also allows a purchaser to take advantage of the untapped FAR in order to make additions to the property to incorporate another by-right use, such as multifamily.