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.
For sale
$7,400,000
251 Trinity Ave SW, Atlanta, GA 30303
--beds
--baths
--sqft
Est.:
Mixed Use
Built in 1920
1,306.8 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 166 days |
- 823 |
- 22 |
Zillow last checked:
Listed by:
Tyler Russell,
Engel & Völkers Atlanta
Source: Engel & Volkers,MLS#: 10534152
Tour with a local agent
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Features
- Flooring: Carpet, Hardwood, Tile
- Has basement: No
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: 9/5/2025
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$2,666/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2025 | Price change | $7,400,000-7.5% |
Source: | ||
| 3/23/2025 | Listed for sale | $8,000,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$43,464/mo
Principal & interest
$38161
Property taxes
$5303
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 6/10Centennial AcademyGrades: K-8Distance: 1.3 mi
- 9/10Midtown High SchoolGrades: 9-12Distance: 2.5 mi
Local experts in 30303
- Loading
- Loading







