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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.
| DAYS ON MARKET | 4 | LAST UPDATED | 6/1/2025 |
|---|---|---|---|
| TRACT | NONE | YEAR BUILT | 1920 |
| COUNTY | Fulton | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Brick, Concrete |
| HEAT | Central |
| INTERIOR | Delivery Door, Free Standing |
| LOT | 1307 sq ft |
| LOT DESCRIPTION | Level |
| SEWER | Public Sewer |
| SUBDIVISION | NONE |
| TAXES | 8258 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| WATER | Public |
| WATER ACCESS | NONE |
| ZONING | SPI1 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Engel & V?lkers Atlanta
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
