GA > Atlanta
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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David Dowdell

David Dowdell

+1(678) 300-5809
$8,000,000
Est. payment /mo
10,449 SqFt
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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 $765

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 $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

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

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First Multiple Listing Service(FMLS)
Listed by Engel & Volkers Atlanta

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agent

David Dowdell

+1(678) 300-5809

Agent | License ID: 259183

Agent License ID: 259183

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