924 U STREET 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 stability. Originally constructed in 1888, this historic ...
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Listing Courtesy of: District Real Estate, LLC.
202-907-3733
| Listing Id: | DCDC2260146 |
|---|---|
| Property Type: | Commercial Sale |
| Property Sub Type: | MixedUse |
| Status: | Active |
| Tax Annual Amount: | $15,984 |
| Lot Size Square Feet: | 1,742.0 |
| Lot Size Acres: | 0.04 |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20001 |
| Year Built: | 1911 |
| 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: | 4048 |
| Possession: | Settlement |
| Directions: | U St NW |
| School District Key: | 121140357950 |
| Cooling: | Window Unit(s) |
| Construction Materials: | Brick |
| Building Area Total: | 1,278.0 |
| Accessibility Features: | None |
| Heating: | Hot Water |
| Heating?: | Yes |
| Building Area Source: | Assessor |
| Year Built Source: | Estimated |
| Basement Yn: | No |
| Cooling Fuel: | Electric |
| Heating Fuel: | Central |
| Hot Water: | Electric |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1, Unit 1 |
| Net Square Feet: | 1,278.0 |
| Type Of Parking: | On Street |
| Assessment Year: | 2025 |
| In City Limits Yn: | Yes |
| County Tax Frequency: | Annually |
| Tax Assessment Amount: | $965,990.00 |
| Tax Year: | 2025 |
| Zoning: | CM1 |
| Listing Tax: | 0361//0136 |
| Auto Update Tax Data Yn: | Yes |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Estimated |
| Lot Size Units: | Square Feet |
| Soil Types: | Clay |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Business Type: | Restaurant/Bar |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Total Levelers: | 3 |
| Short Sales: | No |
| Property Use: | Investment |
| Tenancy Svo: | Multiple |
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Property Last Updated: October 27, 2026 12:18 AM - ET
