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 structure sits on a 598 SF corner lot within the Greater U Street Historic District and is currently configured for residential use.
For sale
$2,100,000
1949 Vermont Ave NW, Washington, DC 20001
2beds
--sqft
Townhouse
Built in 1888
598 Square Feet Lot
$2,068,800 Zestimate®
$--/sqft
$-- HOA
What's special
Historic structure
- 139 days
- 69
- 1
Zillow last checked:
Listing updated:
Listed by:
Fritz Hubig 202-907-3733,
District Real Estate, LLC.
Source: Bright MLS,MLS#: DCDC2260528
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Hot Water, Natural Gas
Cooling
- Window Unit(s), Natural Gas
Appliances
- Included: Electric Water Heater
Features
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 598 Square Feet
- Features: Clay
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0361//0135
- Zoning: CM1
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Victorian
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- Very Good
- New construction: No
- Year built: 1888
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Old City #2
HOA
- Has HOA: No
Location
- Region: Washington
Financial & listing details
- Tax assessed value: $523,660
- Annual tax amount: $17,714
- Date on market: 5/7/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$2,068,800
$1.97M - $2.17M
$3,962/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $2,100,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Shaw
Nearby schools
Schools provided by the listing agent
- District: District Of Columbia Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






