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$7,400,000
136 Days On Site

251 Trinity Avenue SW
Atlanta, GA 30303

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
10,449
SqFt
$708
/SqFt
1920
Built
County:
Fulton

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470-344-9968
251 Trinity Avenue SW251 Trinity Avenue SW251 Trinity Avenue SW251 Trinity Avenue SW
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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 $7,400,000 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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Listing Snapshot
Price 
$7,400,000
Days On Site 
136 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,449 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.03 Acres
Year Built 
1920
MLS® Number 
7589586
Status 
Active
Property Tax 
$8,258
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoPrice changed to $7,400,000
3 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.03
Foundation 
Brick/Mortar
Levels 
Three Or More
Number Of Stories 
3
Parking 
None
Property Condition 
Fixer
Property Sub Type 
Mixed Use
SqFt Total 
10449
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
SPI1
Interior Features
Basement 
Bath/StubbedFinishedFullInterior Entry
Cooling 
Ceiling Fan(s)Central Air
Electric 
220 Volts
Flooring 
BrickCarpetCeramic TileHardwood
Heating 
Central
Interior 
Beamed CeilingsTrack Lighting
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Exterior Features
Fencing 
None
Lot Features 
Level
Road Frontage 
City Street
Roof 
Other
View 
City
Waterfront Features 
None
Waterview 
City
Community Features
Financing Terms Available 
1031 ExchangeCashConventional
Roads 
Asphalt
Listing Provided Courtesy Of: Tyler Russell of Engel & Volkers Atlanta tyler.russell@evatlanta.com

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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Contact

470 344 9968
findleyrow@evatlanta.com

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8000 Summit Place
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Monte Hewett
Engel & Volkers

©2024 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

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