251 Trinity AVE SW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30303
Key Details
Property Type Commercial
Sub Type Commercial,Mixed Use,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 35,000 sqft
Price per Sqft $228
MLS Listing ID 10484462
Year Built 1920
Annual Tax Amount $8,258
Tax Year 2024
Lot Size 1,306 Sqft
Property Sub-Type Commercial,Mixed Use,Retail
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
Rooms
Other Rooms Billboard
Interior
Heating Central
Cooling Central Air
Flooring Brick,Carpet,Hardwood,Tile
Exterior
Parking Features Paid
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
View Y/N No
Roof Type Other
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Brick,Concrete
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Resale