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251 Trinity Avenue SW

Atlanta, GA 30303
  • $8,000,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 7545997
UPDATED: 56 min ago
$8,000,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,449
    SQFT
  • $766
    $/SQFT
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

Nestled in the heart of Downtown Atlanta, this 35,000 SF mixed-use property spans three contiguous parcels (approximately 0.30 acres) and represents a truly unique investment opportunity. Offered at $8,000,000 with a projected Net Operating Income of $430,000, the asset provides strong in-place cash flow from a diversified rent roll, alongside significant long-term upside. The current tenant mix includes recently renovated apartments and street-level retail (a tattoo shop and salon), plus several restaurant/lounge/nightclubs with new tenant buildouts underway creating multiple income streams under one roof. Extensive renovations (including a brand-new roof and modernized apartments) have already been completed, enhancing the property's appeal and minimizing future capital expenditures for a new owner. trategically positioned amid Downtown's ongoing resurgence, 251 Trinity Ave SW offers unparalleled redevelopment flexibility thanks to its SPI-1 zoning. The site is surrounded by transformative development activity just steps from Atlanta Tech Village's new downtown campus and Wild Leap Brewery and benefits from proximity to major projects fueling growth in the area. This mixed-use asset perfectly balances immediate income production with future redevelopment potential, making it an ideal acquisition for investors and developers seeking both stable cash flow and long-term value appreciation in a prime urban location.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc. Data last updated 2025-04-27T21:03:49.007. For issues regarding this website, please contact BoomTown.
www.prestigerealtyteam.com/homes/161780551
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251 Trinity Avenue SW Atlanta, GA 30303

  • Price: $8,000,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 56 min ago
  • MLS #: 7545997
0
Beds
0
Baths
0
½ Baths
0.03
Acres
10,449
SQFT
$766
$/SQFT
1920
Built
County:
Fulton - Ga
Area:
Fulton - Ga
Property Description
Nestled in the heart of Downtown Atlanta, this 35,000 SF mixed-use property spans three contiguous parcels (approximately 0.30 acres) and represents a truly unique investment opportunity. Offered at $8,000,000 with a projected Net Operating Income of $430,000, the asset provides strong in-place cash flow from a diversified rent roll, alongside significant long-term upside. The current tenant mix includes recently renovated apartments and street-level retail (a tattoo shop and salon), plus several restaurant/lounge/nightclubs with new tenant buildouts underway creating multiple income streams under one roof. Extensive renovations (including a brand-new roof and modernized apartments) have already been completed, enhancing the property's appeal and minimizing future capital expenditures for a new owner. trategically positioned amid Downtown's ongoing resurgence, 251 Trinity Ave SW offers unparalleled redevelopment flexibility thanks to its SPI-1 zoning. The site is surrounded by transformative development activity just steps from Atlanta Tech Village's new downtown campus and Wild Leap Brewery and benefits from proximity to major projects fueling growth in the area. This mixed-use asset perfectly balances immediate income production with future redevelopment potential, making it an ideal acquisition for investors and developers seeking both stable cash flow and long-term value appreciation in a prime urban location.
Exterior Features

Construction Materials Brick 4 Sides Dock None Fencing None Foundation Brick/Mortar Lot Features Free StandingLevel Number Of Parking Spaces 0 Other Structures Billboard Parking Features None Pool Private YN No Road Front Feet 160 Road Surface Asphalt Road Type City Street Roof Type Other Stories Three Or More View City Waterfront Features None Window Features None

Interior Features

Basement Bath/StubbedFinishedFinished BathFullInterior Entry Cooling Ceiling Fan(s)Central Air Flooring BrickCarpetCeramic TileHardwood Heating Central Interior Features Beamed CeilingsHigh Ceilings 10 or GreaterLiving Space AvailableReception AreaRestroomsTrack Lighting

Property Features

Accessibility Features None Association YN No Business Type Food & BeverageResidentialRetail Current Zoning SPI1 Electric 220 Volts Green Energy Efficient None Green Energy Generation None Home Warranty No Lot Size Dimensions x Other Equipment None Owner Pays Exterior MaintenanceInsuranceRepairsSewerWater Property Attached YN No Property Condition Resale Proposed Financing 1031 ExchangeCashConventional Recommended Zoning CommercialOffice/Warehouse Sale Includes Building & Land Security Features None Special Circumstances Investor Owned Special Listing Conditions None Tax Year 2024 Taxes 8258 Type Mixed Use Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Waterfront Footage 0

Listing provided courtesy of Engel & Volkers Atlanta: .


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc. Data last updated 2025-04-27T21:03:49.007. For issues regarding this website, please contact BoomTown.
 
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2300 Lakeview Pkwy, Ste 700
Alpharetta GA, 30004