Overview
KLNB Urban is pleased to present for sale the fee simple interest in two contiguous retail properties located at 3630 and 3632 Georgia Avenue NW, Washington, DC, situated in the vibrant Petworth neighborhood of Northwest DC. The properties comprise approximately 3,576 rentable square feet plus useable rear patio area. Each building is fully occupied by complementary food and beverage concepts: Afro Lounge (formerly Tsehay Ethiopian Restaurant) at 3630 Georgia Avenue, and Kuro Listening Bar (Culture District) at 3632 Georgia Avenue.
The buildings are situated on two parcels totaling 4,122 SF of land area zoned NMU-7B/GA
(Neighborhood Mixed Use – Georgia Avenue) which permits up to 4.0 FAR (4.8 FAR IZ) providing long-term development potential. Ideally positioned just one block from the Georgia Ave-Petworth Metro station, serving the green and yellow lines, the property benefits from exceptional transitdriven foot traffic, a walkability score of 95, and frontage on DC’s longest commercial corridor with over 24,400 vehicles per day.
Investment Highlights
- Two adjacent buildings on separate parcels totaling 3,576 SF of rentable area + outdoor seating
- Metro Location: 1 block from Georgia Ave-Petworth Metro with excellent walkability score of 95
- Fully occupied by Afro Lounge in occupancy since 2019, and newly renovated Kuro Listening Bar
- Dense commercial retail corridor and high traffic volumes of 24,000 VPD on Georgia Ave
- 4,122 SF of land area on two separate parcels, zoned NMU-7B/GA providing for 4.0 FAR by right
- Dense and growing submarket with 6,875 residents in a .25 mile radius earning $195,000 Avg. HH Income
