1949 VERMONT AVENUE NW
Washington, DC 20001
Price Upon Request
An exceptional and rarely available commercial investment portfolio comprising three interconnected buildings situated at the heart of Washington, DC's most celebrated and culturally vibrant corridor — Historic U Street NW. This offering at 924–926 U Street NW and 1949 Vermont Avenue NW represents an extraordinary convergence of stabilized, income-producing retail and residential assets anchored by two thriving food-and-beverage operators, set within one of the District's most dynamic and historically significant neighborhoods. This is a true trophy offering: a corner-positioned, multi-building assemblage with immediate cash flow, long-term appreciation upside, and meaningful development optionality — all within steps of the U Street Metro Station. Immediate, Stabilized Income from Proven Operators The portfolio is anchored by two highly successful food-and-beverage tenants operating at 924–926 U Street NW: Service Bar — One of DC's most recognized and award-winning cocktail bars, consistently drawing local and national acclaim. A destination venue that generates strong, reliable foot traffic and has become a cultural institution on U Street. A Thriving Taqueria — A beloved and high-volume neighborhood restaurant concept, further solidifying the retail strength of the U Street frontage. These are not speculative tenants. These are proven, established operators with loyal customer bases and strong brand identities — providing the incoming investor with immediate, recurring income from Day One. The third building, located steps away at 1949 Vermont Avenue NW, adds a residential rental income component to the portfolio, further diversifying the revenue stream and enhancing overall asset ...
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Listing Courtesy of: District Real Estate, LLC.
202-907-3733
| Listing Id: | DCDC2260528 |
|---|---|
| Property Type: | Residential |
| Status: | Active |
| Bedrooms Total: | 2 |
| Bathrooms Full: | 3 |
| Tax Annual Amount: | $17,714 |
| Lot Size Square Feet: | 598.0 |
| Lot Size Acres: | 0.01 |
| Architectural Style: | Victorian |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Subdivision Name: | Old City #2 |
| Postal Code: | 20001 |
| Year Built: | 1888 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| Client Application Edited Yn: | Yes |
| Mls List Date: | 2026-05-07 |
| Expected On Market Date: | 2026-06-01 |
| State Or Province: | DC |
| Postal Code Plus4: | 4106 |
| Legal Subdivision: | Old City 2 |
| Possession: | Settlement |
| Directions: | Vermont Ave and U St NW |
| School District Key: | 121140357950 |
| Above Grade Finished Area Units: | Square Feet |
| Below Grade Finished Area Source: | Assessor |
| Basement: | Other |
| Bathrooms Total Integer: | 3 |
| Main Level Total Baths: | $1.00 |
| Main Level Bedrooms: | 1 |
| Below Grade Finished Area Units: | Square Feet |
| Cooling: | Window Unit(s) |
| Construction Materials: | Brick |
| Foundation Details: | Concrete Perimeter |
| Accessibility Features: | None |
| Heating: | Hot Water |
| Heating?: | Yes |
| Above Grade Finished Area Source: | Assessor |
| Living Area Source: | Assessor |
| Levels: | 3 |
| Other Structures: | Above Grade, Below Grade |
| Year Built Source: | Estimated |
| Property Condition: | Very Good |
| Basement Yn: | Yes |
| Cooling Fuel: | Natural Gas |
| Heating Fuel: | Natural Gas |
| Hot Water: | Electric |
| Lower Level1 Bedrooms: | 0 |
| Lower Level1 Full Baths: | 1 |
| Upper Level1 Bedrooms: | 1 |
| Upper Level1 Full Baths: | 1 |
| Story Types: | Lower 1, Main, Upper 1 |
| Type: | End of Row/Townhouse |
| Lower Level1 Total Baths: | 1.0 |
| Upper Level1 Total Baths: | 1.0 |
| Lower Levels Total Baths: | 1 |
| Lower Levels Total Full Baths: | 1 |
| Upper Levels Total Baths: | 1 |
| Upper Levels Total Bedrooms: | 1 |
| Upper Levels Total Full Baths: | 1 |
| Main Level Full Baths: | 1 |
| Type Of Parking: | On Street |
| Source Of Measure Bg: | Assessor |
| Source Of Measure: | Assessor |
| Assessment Year: | 2025 |
| County Tax Frequency: | Annually |
| Tax Assessment Amount: | $523,660.00 |
| Tax Year: | 2025 |
| Zoning: | CM1 |
| Listing Tax: | 0361//0135 |
| Auto Update Tax Data Yn: | Yes |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Estimated |
| Lot Size Units: | Square Feet |
| Pool Types: | No Pool |
| Soil Types: | Clay |
| Sewer: | Public Sewer |
| Water Source: | Public |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
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Property Last Updated: October 26, 2026 10:23 PM - ET
