1949 Vermont Ave NW, Washington, DC 20001

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1949 Vermont Ave NW, Washington, DC 20001

$2,100,000 (Active)

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Listed by: Frederick Hubig - District Real Estate, LLC.

$$2,100,000

Active

est.$2,100,000/month.

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2 beds. 3 baths. 598 Sqft.

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Start My Approval

1949 Vermont Ave NW, Washington, DC 20001

$2,100,000

Active

est.$2,100,000/month.

Start My Approval

2 beds 3 baths 598 Sq.ft.

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Property details for 1949 Vermont Ave NW, Washington, DC 20001

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.

Broker details: District Real Estate, LLC.

Listed by: Frederick Hubig

Property Description

MLS Information

Listing: DCDC2260528
Listing Last Modified: 2026-05-07

Property Details

Standard Status: Active
MLS Status: ACTIVE
Property style: Victorian
Built in: 1888
Subdivision: OLD CITY #2

Geographic Data

County: WASHINGTON
MLS Area: OLD CITY #2
Directions: Vermont Ave and U St NW

Features

Interior Features

Bedrooms: 2
Full baths: 3

Exterior Features

Parking

Utilities

Sewer: Public Sewer
Water: Public
Heating: Hot Water, Natural Gas

Property Information

Tax Information

Tax Annual Amount: $17,714

Lee Stillwell

1949 Vermont Ave NW, Washington, DC 20001