1949 VERMONT Ave NW, Washington, DC 20001
- Beds
- 2
- Baths
- 3
View property features, location on map, relevant school information and overview from seller's agent.
- 0
- 0
Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of bedrooms
- 2
- Number of bathrooms
- 3
- Lot size (acres)
- 0.01
- Year built
- 1888
Interior features
- Basement
- Yes
Utilities
- Heating
- Natural Gas
- Cooling
- Window Units
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $17,714
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: DCDC2260528 Last checked: …

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