This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
$2,100,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
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.
Full Property Details
Full Property Details for 924 U St NW
General
- Price: $2,100,000
- Taxes: $15,984 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2260146
- Updated: 5/7/2026
- Added to Site: 11 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Parking Type: On Street
Location
- County: WASHINGTON
- Driving Directions: U St NW
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Central
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Building Size: 1278
- Year Built: 1911
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Estimated
- Zoning: CM1
Financial Considerations
- Price Per Sq. Ft.: $1,643.19
- Assessment Year: 2025
- County Tax Freq: Annually
- Tax w/Assessment: $965,990
- Tax Amount: $15,984
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 136
Listed by District Real Estate, LLC., Frederick Hubig
Get Pre-Approved Today
Schools
Schools serving 924 U St NW
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Garrison Elementary School 1200 S Street Northwest, Washington, DC 20009 | K-5 | 0.3 mi |
School Without Walls @ Francis-Stevens 800 Euclid Street Northwest, Washington, DC 20001 | K-8 | 0.5 mi |
Cardozo Education Campus 1200 Clifton Street Northwest, Washington, DC 20009 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 924 U St NW
Date
Details
Price
Change
Source
5/07/2026
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 924 U St NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,984
-10%
$968,750
—
2024
$17,668
—
$973,430
1%
2023
$17,613
11%
$966,790
1%
2022
$15,818
—
$958,650
—
2021
$15,814
7%
$958,440
7%
2020
$14,783
10%
$895,950
10%
2019
$13,467
9%
$816,210
9%
2018
$12,393
9%
$751,120
9%
2017
$11,358
9%
$688,370
9%
2016
$10,386
1%
$629,450
1%
2015
$10,325
—
$625,760
—
2014
$10,275
—
$622,740
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 924 U St NW
924 U Street NW, Washington, DC 20001 (MLS# DCDC2260146) is a Commercial Service property. 924 U Street NW is currently listed for $2,100,000 and was received on May 07, 2026. Want to learn more about 924 U Street NW? Do you have questions about finding other Commercial Service real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

