Atlanta, GA 30303,251 Trinity AVE SW
Atlanta, GA 30303,251 Trinity AVE SW
Atlanta, GA 30303,251 Trinity AVE SW
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$8,000,000
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35,000 SqFt
Active

251 Trinity AVE SW Atlanta, GA 30303

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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

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1920

Annual Tax Amount $8,258

Tax Year 2024

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 1306.8

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

Fireplace No

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

Garage No

Private Pool No

Building

Lot Description Level

Faces Trinity and Ted Turner Dr

Sewer Public Sewer

Water Public

Structure Type Brick,Concrete

New Construction No

Others

Tax ID 14 007700050145

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Resale


Georgia MLS - GAMLS

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251 Trinity AVE SW