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.
Listed by Frederick Hubig
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District Real Estate, LLC.
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2029073733
Last updated May 07, 2026
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Source: BrightMLS #DCDC2260528
Listing Facts
TypeSingle-family
NeighborhoodU-Street
Bedrooms2
Bathrooms3
Days on Prevu40
Taxes$17,714/year
Location
Mortgage Calculator
Listing History
05/07/2026
Status changed to Active
$2,100,000
05/07/2026
Listed by District Real Estate, LLC.
$2,100,000
Property Details for 1949 Vermont Avenue NW
Exterior
Construction
New Construction: No
Property Condition: Very Good
Year Built: 1888
Architectural Style: Victorian
Construction Materials: Brick
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Size Acres: 0.01
Lot Size Source: Estimated
Lot Size Square Feet: 598
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $17,714.00
Tax Year: 2025
Interior
Measurements
Living Area Source: Assessor
Rooms
Basement: Other
Has Basement: Yes
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 2
Main Level Bedrooms: 1
Other
General
Senior Community: No
Location
Subdivision Name: OLD CITY #2
Tax Lot: 135
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Window Unit(s)
Heating: Hot Water
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 2 bedrooms and 3 bathrooms in this single-family home at 1949 Vermont Avenue NW.
What are the annual taxes for 1949 Vermont Avenue NW?
Annual taxes for this single-family home are estimated at $17,714.
How does 1949 Vermont Avenue NW compare to other single-family homes in U-Street?
This single-family home is listed 35% above the average price for single-family homes in U-Street and has been on the market for 12 less days than the typical home in this area.
1949 Vermont Avenue NW is a 2-bedroom, 3-bath single-family home for sale in WASHINGTON DC 20001. On Prevu for 40 days at $2,100,000. This residence is located in U-Street. The median listing price for single-family homes in this area is $689,000. Browse more single-family home listings in Washington.
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