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Joanna Myles

(404) 490-3276
Connect@JoannaMylesHomes.com
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    Connect@JoannaMylesHomes.com
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    2911 Piedmont Rd. NE. Building B
    Atlanta, GA 30305
    4048764901

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Georgia MLS

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. 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 2023 GAMLS. All rights reserved.

$7,400,000
For Sale

251 Trinity Avenue SW

Atlanta, GA 30303
0.03 acres | #10534152
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Browse 31 photos
Type:Purchase
Structure:Retail
Zone:Commercial

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.

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
      • Property SubtypeMixed Use, Retail
      • Structure TypeMixed Use, Retail
      • Short SaleInvestor Owned
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • MLS #10534152
      • MLS #10534152
      • Cost7400000
      • Utility SourcePublic
      • CountyFulton
      • Taxes Annual$8,258
      • Lot DescriptionLevel
      • Acres0.03
      • Year Built1920
      • SubdivisionNONE

Location

Legal

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. 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 2023 GAMLS. All rights reserved.


Last Updated: Today at 1:15 PM. Source: GAMLS

Provided By
Listing Agent: Tyler Russell (#RUSSELLTYLER)
Listing Office: Engel & Volkers Atlanta (#EAVA01)

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