251 trinity avenue swAtlanta, GA 30303
251 trinity avenue swAtlanta, GA 30303
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.
Property Details for 251 Trinity Avenue SW
- Parking FeaturesNone
- Property AttachedNo
- Waterfront FeaturesNone
LISTING UPDATED:
- StatusActive
- MLS #7589586
- Days on Site72
- Taxes$8,258 / year
- MLS TypeCommercial Sale
- Year Built1920
- Lot Size0.03 Acres
- CountryFulton - GA
LISTING UPDATED:
- StatusActive
- MLS #7589586
- Days on Site72
- Taxes$8,258 / year
- MLS TypeCommercial Sale
- Year Built1920
- Lot Size0.03 Acres
- CountryFulton - GA
Building Information for 251 Trinity Avenue SW
- StoriesThree Or More
- Year Built1920
- Lot Size0.0300 Acres
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Property Information for 251 Trinity Avenue SW
Summary
Location and General Information
- Directions: Trinity and Ted Turner Dr
- View: City
- Coordinates: 33.75082,-84.39604
School Information
Taxes and HOA Information
- Parcel Number: 14 007700050145
- Tax Year: 2024
- Tax Legal Description: 249-251&253 TRINITY AVE
Virtual Tour
- Virtual Tour Link PP: https://www.propertypanorama.com/251-Trinity-Avenue-SW-Atlanta-GA-30303/unbranded
Parking
- Open Parking: No
Interior and Exterior Features
Interior Features
- Cooling: Ceiling Fan(s), Central Air
- Heating: Central
- Basement: Bath/Stubbed, Finished, Finished Bath, Full, Interior Entry
- Flooring: Brick, Carpet, Ceramic Tile, Hardwood
- Interior Features: Beamed Ceilings, High Ceilings 10 or Greater, Living Space Available, Reception Area, Restrooms, Track Lighting
- Levels/Stories: Three Or More
- Other Equipment: None
- Window Features: None
- Foundation: Brick/Mortar
Exterior Features
- Accessibility Features: None
- Construction Materials: Brick 4 Sides
- Fencing: None
- Road Surface Type: Asphalt
- Roof Type: Other
- Security Features: None
- Pool Private: No
- Road Frontage Type: City Street
- Other Structures: Billboard
Property
Utilities
- Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
- Water Source: Public
- Electric: 220 Volts
Property and Assessments
- Home Warranty: No
- Property Condition: Fixer
Green Features
- Green Energy Efficient: None
- Green Energy Generation: None
Lot Information
- Lot Features: Free Standing, Level
- Waterfront Footage: None
Rental
Rent Information
- Land Lease: No
- Occupant Types: Tenant
Public Records for 251 Trinity Avenue SW
Tax Record
- 2024$8,258.00 ($688.17 / month)
Home Facts
- Beds0
- Baths-
- Total Finished SqFt10,449 SqFt
- StoriesThree Or More
- Lot Size0.0300 Acres
- StyleMixed Use
- Year Built1920
- APN14 007700050145
- CountyFulton - GA
- ZoningSPI1