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Marina Askaryar

marinaa@chamberstheory.com +1(202) 922-9128

Listed by Fritz Hubig • District Real Estate, LLC.

$ 2,100,000

Est. payment | -/mo

2 Beds

3 Baths

598 Sqft Lot

Save

$ 2,100,000

Est. payment | -/mo

Save

2 Beds

3 Baths

598 Sqft Lot

Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Subdivision Old City #2

MLS Listing ID DCDC2260528

Style Victorian

Bedrooms 2

Full Baths 3

HOA Y/N N

Year Built 1888

Available Date 2026-06-01

Annual Tax Amount $17,714

Tax Year 2025

Lot Size 598 Sqft

Acres 0.01

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

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

State DC

County Washington

Zoning CM1

Rooms

Basement Other

Main Level Bedrooms 1

Interior

Hot Water Electric

Heating Hot Water

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Senior Community No

Tax ID 0361//0135

Ownership Fee Simple

Special Listing Condition Standard

Nearby Locations

"My job is to help clients find properties that meet their wants and needs, and to ensure the transaction is executed seamlessly! "

+1(202) 922-9128

marinaa@chamberstheory.com

1949 VERMONT AVE NW Washington, DC 20001