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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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters Across District of Columbia Counties

Other

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,618$127,416
Home Insurance *$309$3,708
Property Taxes $1,050$12,600
Electricity $165$1,989
Total$12,142$145,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$416,297/yr
40% on housing$364,260/yr
45% on housing$323,786/yr

District of Columbia FAIR Plan Programs

District of Columbia Property Insurance Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.4%
7.4%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 20001$574
District of Columbia$599

vs Homes Sold Last Month

Median $/sqft

ZIP 20001$537
District of Columbia$394

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$2,100,000

For Sale by Agent

AgentFritz Hubig
BrokerageDistrict Real Estate, LLC.

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