The distinctive building currently occupied by The Parva lounge and restaurant is now on the market for $2,299,000. But even if it is sold, The Parva will still remain there for at least 3 more years.
With two stories and 4546 square feet of space, the restaurant property at 7904 Woodmont Avenue could eventually be a prime piece of mixed-use redevelopment property. To achieve that, however, would likely require joining the plot with the adjoining structure that holds BGR and Jetties.
The Parva still has 3 years on its lease, and they could always sign an extension after that. My guess is the next owner might be willing to give the lounge a short term lease, if no viable redevelopment project is on the table in 2016. According to the seller, the current Parva lease is at a below-market rate.
Let's hope The Parva stays, as the building and renovated interior add much of the South Beach atmosphere to the lounge. We really need more Latin American restaurants and nightspots, not less, in downtown Bethesda. The Parva is currently the only club in Bethesda that regularly offers VIP table service. BlackFinn has offered it on Thursday nights in the past, and the first establishment to provide it - Relic - went out of business.
The Parva also has a diverse menu, featuring dishes from Venezuela, Colombia, Argentina and Peru.
And it is one of the few spots around town that shows any life after midnight. In my opinion, it's a business that has a lot of potential to continue to grow.
Fortunately, there isn't likely to be any change in the near future.
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