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Vincent Caropreso

vincec@teamcaropreso.com +1(410) 384-4800

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 SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(410) 384-4800

vincec@teamcaropreso.com

7466 New Ridge Road Suite 1, Hanover, MD, 21076

1949 VERMONT AVE NW Washington, DC 20001