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Brian Garside

info@atlassellsatl.com +1(404) 690-1686

$ 7,400,000

Est. payment -/mo

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Active

251 Trinity AVE SW Atlanta, GA 30303

10,449 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,449 sqft

Price per Sqft $708

Subdivision No Subdivision

MLS Listing ID 7589586

Construction Status Fixer

HOA Y/N No

Year Built 1920

Annual Tax Amount $8,258

Tax Year 2024

Lot Size 1,306 Sqft

Acres 0.03

Property Sub-Type Mixed Use

Source First Multiple Listing Service

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 $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.

Location

State GA

County Fulton

Zoning SPI1

Lake Name None

Rooms

Other Rooms Billboard

Basement Bath/Stubbed, Finished, Finished Bath, Full, Interior Entry

Interior

Interior Features Beamed Ceilings, High Ceilings 10 or Greater, Living Space Available, Reception Area, Restrooms, Track Lighting

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Brick, Carpet, Ceramic Tile, Hardwood

Equipment None

Window Features None

Exterior

Parking Features None

Fence None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View City

Roof Type Other

Street Surface Asphalt

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Free Standing, Level

Story Three Or More

Foundation Brick/Mortar

Water Public

Level or Stories Three Or More

Structure Type Brick 4 Sides

Construction Status Fixer

Others

Senior Community no

Tax ID 14 007700050145

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Engel & Volkers Atlanta

SCHOOLSPROPERTIES

Elementary Schools 20

8

Morningside Elementary School

Public | KG - 5
7

Centennial Academy

Public | KG - 8
6

Kipp Strive Academy

Public | 5 - 8
6

Neighborhood Charter School

Public | KG - 5
5

Kipp West Atlanta Young Scholars Academy

Public | 5 - 8
5

Parkside Elementary School

Public | PK - 5
5

Imagine Wesley International Academy Charter Facility

Public | KG - 8
4

Kipp Strive Primary School

Public | KG - 1
4

M. A. Jones Elementary School

Public | PK - 5
3

Dunbar Elementary School

Public | KG - 5
3

Hope-Hill Elementary School

Public | KG - 5
2

Frank Lebby Stanton Elementary School

Public | EE - 5
2

Finch Elementary School

Public | EE - 5
2

Gideons Elementary School

Public | PK - 5
2

Slater Elementary School

Public | KG - 5
2

D. H. Stanton Elementary School

Public | PK - 5
1

Hillside Conant School

Public | 1 - 12
1

Benteen Elementary School

Public | PK - 5
0

Woodson Primary Elementary School

Public | PK - 5
0

The Howard School

Private | 1 - 12

Middle Schools 9

6

Samuel M. Inman Middle School

Public | 6 - 8
6

Atlanta Charter Middle School

Public | 6 - 8
5

Martin Luther King Jr. Middle School

Public | 6 - 8
4

Sylvan Hills Middle School

Public | 6 - 8
4

Hollis Innovation Academy

Public | EE - 8
3

Luther J. Price Middle School

Public | 6 - 8
1

Brown Middle School

Public | 6 - 8
0

Bright Futures Academy

Private | 6 - 12
0

Kennedy Middle School

Public | 6 - 8

High Schools 15

6

Early College High School at Carver

Public | 9 - 12
6

Midtown High School

Public | 9 - 12
5

Maynard Holbrook Jackson High School

Public | 9 - 12
1

Booker T. Washington High School

Public | 9 - 12
1

G. W. Carver High School

Public | 9 - 12
1

School of Technology at Carver

Public | 9 - 12
1

School of Health Sciences and Research at Carver

Public | 9 - 12
1

Provost Academy Georgia

Public | 9 - 12
0

Booker T. Washington - Early College Small School

Public | 9 - 12
0

Booker T. Washington High School - Banking, Finance, and Investments

Public | 9 - 12
0

Booker T. Washington High School - Health, Science, and Nutrition

Public | 9 - 12
0

Department of Human Resources

Public | 12 - 12
0

Cristo Rey Atlanta Jesuit High School

Private | 9 - 10
0

Carver High School

Public | 9 - 12
0

The New School

Private | 9 - 11

School and business data provided by Attom Data.

Brian Garside

Agent

+1(404) 690-1686

Brian Garside

251 Trinity AVE SW Atlanta, GA 30303

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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251 Trinity AVE SW