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.
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 Highlights
Subtype
Mixed UseYear Built
1920Tax Annual Amount
$8,258Lot Size Acres
0.03Heating
CentralCooling
Central AirCounty
FultonSubdivision
NONE
Property Details
- Interior Features
- Flooring: Brick, Carpet, Hardwood, Tile
- Heating: Central
- Cooling: Central Air
Interior Features
Heating & Cooling
- UtilitiesUtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water AvailableWater SourcePublicSewerPublic Sewer
- Exterior FeaturesLot FeaturesLevelWaterBody NameNONE
- ConstructionProperty TypeCommercial SaleConstruction MaterialsBrick, ConcreteFlooringBrick, Carpet, Hardwood, TileYear Built1920Property SubtypeMixed UseRoofOtherBuilding Area Total35000
Location
- GA
- Atlanta
- 30303
- Fulton
- 251 Trinity AVE SW
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Updated: May 7, 2025 11:10 AM