251 Trinity Ave SW

Atlanta, GA 30303

$8,000,000
Price
Beds
Baths
10,449 Sq. Ft.
$766 / Sq. Ft.
10,449
Sq. Ft.
$766
per Sq. Ft.

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...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.
  1. Listed by Tyler Russell • Engel & Volkers Atlanta

Property Details for 251 Trinity Avenue Southwest

Num Of Parking Spaces
0
Parking Features
None
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 03/23/2025 08:40 AM

Property Details for 251 Trinity Avenue Southwest

StatusActive
MLS #7545997
Days on Market8
Taxes$8,258 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1920
Lot Size0.03 AC / 1,306 SF
CountyFulton County

Building Information for 251 Trinity Avenue Southwest

Stories3Residences-Year Built1920Lot Size0.03 AC / 1,306 SF

Property Information for 251 Trinity Avenue Southwest

Summary
Location and General Information
  • Directions: Trinity and Ted Turner Dr
  • Lake Name: None
  • Recommended Zoning: Commercial, Office/Warehouse
  • View: City
  • Coordinates: -84.39604, 33.75082
Taxes and HOA Information
  • Parcel Number: 14 007700050145
  • Tax Year: 2024
  • Association: No
  • Tax Legal Description: 249-251&253 TRINITY AVE
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
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Dock: None
  • Fencing: None
  • Loading Desc: Delivery Door
  • Road Surface Type: Asphalt
  • Roof Type: Other
  • Security Features: None
  • Pool Private: No
  • Numberof Entrances: 10
  • 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
  • Business Type: Food & Beverage, Residential, Retail
  • Home Warranty: No
  • Proposed Financing: 1031 Exchange, Cash, Conventional
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Square Footage: 10449.0
  • Lot Features: Free Standing, Level
  • Acreage Source: Estimated
  • # Of Buildings: 3.0
  • Waterfront Footage: 0.0
  • Current Zoning: SPI1
  • Road Front Feet: 160.0
Multi Family
Income & Expenses Information
  • Gross Annual Income: $519,480.00
  • N.O.I. $: $430,000.00
  • Gross Expenses: $89,502.00
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 251 Trinity Avenue Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 251 Trinity Avenue Southwest

Taxable ValueLand$60,960Additions$118,800Total$179,760
Home Facts
Total Finished SqFt10,449 SqFtAbove Grade Finished SqFt10,449 SqFtStories1Lot Size4,225 SqFtStyleStoresYear Built1920ZoningSPI1CountyFULTONAPN14 007700050145

Schools near 251 Trinity Avenue Southwest

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 9 to 12
Charter - K to 8
Charter - K to 5
Rating
School
Distance
Centennial Academy
CharterK to 8

Midtown High School
Public9 to 12

Wesley International Academy
CharterK to 8

Neighborhood Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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251 Trinity Avenue Southwest is a mixed use property for sale in Atlanta, GA 30303. This property was listed for sale on March 21, 2025 by Engel & Volkers Atlanta, it's currently listed at $8,000,000. It has been on the market for a total of 8 days and was last sold on March 22, 2007. This listing's school district is Atlanta Public Schools. Nearby schools include Centennial Academy, Midtown High School and Wesley International Academy. 251 Trinity Avenue Southwest is a 0-bed, 0-bath, 10,449 sqft mixed use property built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Volkers Atlanta, Tyler Russell

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.