251 Trinity AVE SW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30303
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,449 sqft
Price per Sqft $765
MLS Listing ID 7545997
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1920
Annual Tax Amount $8,258
Tax Year 2024
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type Mixed Use
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.
Location
State GA
County Fulton
Zoning SPI1
Lake Name None
Rooms
Other Rooms Billboard
Basement Bath/Stubbed,Finished,Finished Bath,Full,Interior Entry
Interior
Interior Features Beamed Ceilings,High Ceilings 10 or Greater,Living Space Available,Reception Area,Restrooms,Track Lighting
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Brick,Carpet,Ceramic Tile,Hardwood
Window Features None
Exterior
Parking Features None
Fence None
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Waterfront Description None
View City
Roof Type Other
Street Surface Asphalt
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Free Standing,Level
Story Three Or More
Foundation Brick/Mortar
Water Public
Level or Stories Three Or More
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Others
Senior Community no
Tax ID 14 007700050145
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None