Spicer Real Estate
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$2,100,000
Active Active
DC,Washington

Location 1949 VERMONT AVENUE, Washington, DC 20001

  • Sqft 0.01 Acre SQFT
  • Bed 2
  • Bath 3
Basic Details Basic Details
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 extra...

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.

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Basic Details
  • Property Type: Residential
  • Listing Type: Active
  • Listing ID: DCDC2260528
  • Price: $2,100,000
  • Bedrooms: 2
  • Bathrooms: 3
  • Year Built: 1888
  • Lot Area: 0.01 Acre
  • Location: US, DC, WASHINGTON-DC, Washington, OLD CITY #2, 20001
  • Structure Type: End of Row/Townhouse
  • Heating System: Hot Water
  • Cooling System: Window Unit(s)
  • Basement: Other
  • Full Bathrooms: 3
  • Listing Status: Active
Features & Appliances
Features
  • Architectural Style: Victorian
  • Sewer: Public Sewer
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Address Map Address Map
MLS Addon MLS Addon
  • Office Name: District Real Estate, LLC.
  • Agent Name: Frederick Hubig
Additional Information Additional Information
  • Water Source: Public
  • Accessibility Features: None
  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Levels: 3
  • On Market Date: 2026-05-07
Financial Financial
  • Tax Annual Amount: 17714.0
Listing Information Listing Information
  • Originating System Name: Bright
  • List Agent Mls Id: 3284179
  • List Office Mls Id: DCRLS1
  • MLS Status: ACTIVE-BRIGHT
  • Modification Timestamp: 2026-05-07T18:53:17Z
  • Status Change Timestamp: 2026-05-07T04:00:00Z
Rob Spicer Broker, GRI Rob Spicer Broker, GRI Spicer Real Estate

7201 Wisconsin Avenue

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