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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.

1949 Vermont Ave NW, Washington, DC 20001

$$2,100,000
Active
est.$2,100,000/month.
2 beds. 3 baths. 598 Sqft.

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1949 Vermont Ave NW, Washington, DC 20001

$2,100,000
Active
est.$2,100,000/month.
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

      Disclaimer

      The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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      Home Description

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