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For sale
  • $2,100,000

    1949 Vermont Ave NW, Washington, DC 20001

    2beds
    --sqft
    : 
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    Townhouse
    Built in 1888
    598 Square Feet Lot
    $2,033,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Historic structure
    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.
    66 days
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    67
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Fritz Hubig 202-907-3733,

    District Real Estate, LLC.

    Source: Bright MLS,MLS#: DCDC2260528MLS Logo

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      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

        $2,033,500

        $1.93M - $2.14M

        $4,104/mo

        Price history

        DateEventPrice
        5/7/2026Listed for sale$2,100,000
        Source: Bright MLS #DCDC2260528 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Shaw

        Getting around

        99 / 100
        Walker's Paradise
        97 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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.

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