Bar for Sale - Georgetown

1338 Wisconsin Avenue, NW
Washington D.C.

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Property Description

Smith Point – A chance to own a piece of Georgetown history.  Rare CT (Tavern) license and restaurant/bar business available for sale in Georgetown. Once-a-decade opportunity to own a tavern license (no food sale requirements) in the center of Georgetown (real estate not included). Visible bar with strong following, strong location very near Wisconsin and M Street, excellent proximity to Georgetown University or to target a more upscale crowd. Late night hours of operation are permitted. A vented kitchen is included in the 2,400 s.f. space, with an additional large outdoor patio with the potential to be one of the most intimate patios in DC. Ideal site to create a new destination restaurant, bar or lounge. $295,000 to purchase the business with $7,700 / Month + taxes. Rate frozen for next 5 years. 10 year lease with 5 year option. Permitted Hours of operation (by ABRA): Open until 1:30am Sun –   Thurs, 2:30am Fri & Sat. Annual taxes: $7,055 / year.  Hood size: 6 feet

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Basic Details
Building Type : RetailSold/Leased
Price : $250,000
Size : 2,400 Sqft
BUSINESS : Yes
Address Map
Street Number : 1338 Wisconsin Avenue, NW
Floor Number : 0
Neighborhood
Neighborhood
Retail Sold/Leased
  • Size : 2,400 Sqft
$250,000
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