1949 Vermont Ave Nw, Washington, DC 20001
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
1949 Vermont Ave Nw,Washington, DC 20001
$2,100,000
- 2 Beds
- 3 Baths
- - sq. ft.
- Townhouse
- Active
Listed by: frederick hubig
Office: district real estate, llc.
MLS#:DCDC2260528
Source:BRIGHTMLS
Price summary
- Price:$2,100,000
About this home
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....
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Home facts
- Year built:1888
- Subdivision & Development:OLD CITY #2
- Listing ID #:DCDC2260528
- Added:138 day(s) ago
- Updated:September 23, 2026 at 01:57 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:3
- Basement:Yes
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1888
- Lot area:0.01 Acres
- Architectural Style:Victorian
- Construction Materials:Brick
- Foundation Description:Concrete Perimeter
- Levels:3 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,100,000
- Tax amount:$17,714 (2025)
Parking
- Parking description:On Street
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