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1949 Vermont Ave NW, Washington, DC, 20001

2beds
3baths
0sqft
$2,100,000
--price/sqft
$12,142/moest. monthly cost
$485,680/yrincome needed

About This Home

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.

Getting Around

99
WalkingWalker's Paradise
0
TransitVery Limited Transit
97
BikeBiker's Paradise

Schools

9/10
3/10
Cardozo Education CampusGrades 6-120.4 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1888

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Architectural style: Victorian
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Hot Water,Natural Gas
  • Cooling features: Window Unit(s),Natural Gas

Interior Area

  • Total structure area: 0

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0361//0135
  • Zoning: CM1
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None

Lot

  • Lot size: 598 sqft
  • Features: Clay

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes