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For sale
  • Price cut: $600K (7/28)
    $7,400,000

    251 Trinity Ave SW, Atlanta, GA 30303

    --beds
    --baths
    --sqft
    : 
    Mixed Use
    Built in 1920
    1,306.8 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Brand-new roofNew tenant buildoutsRecently renovated apartmentsModernized apartments
    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 $7,400,000 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.
    64 days
    on Zillow
    |
    526
    |
    20
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    Zillow last checked: August 05, 2025 at 12:06am

    Listed by:

    Engel & Völkers Atlanta

    Source: Engel & Volkers,MLS#: 10534152MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 251 Trinity Ave SW.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Features
    • Flooring: Carpet, Hardwood, Tile

    Property

    Lot
    • Size: 1,306.8 Square Feet

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    Materials
    • Roof: Other
    Condition
    • Year built: 1920

    Community & HOA

    Community
    • Subdivision: NONE
    Location
    • Region: Atlanta

    Financial & listing details

    • Date on market: 6/2/2025
    • Lease term: Contact For Details
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