$ 2,100,000
-
$2,100,000
Price -
2
Bed -
3
Bath -
0.01
Acre
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About the Listing DCRLS1 - 3284179
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.
Listing Highlights for 1949 Vermont Ave NW
Status
Active
Days on Site
189
Property Type
Townhome
MLS ®
DCDC2260528
Year Built
1888
Lot/Acreage
0.01
Interior Details
- Bedrooms: 2
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Hot Water
- Fireplaces:
- Floor:
- Basement:
- Other: Main Floor Bedrooms: 1
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: CM1
- Roof:
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $17,714
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
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Listing Location
Questions About..
1949 Vermont Ave NW Washington, DC 20001
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