251 Trinity Avenue SW, Atlanta, GA 30303
Positioned in the heart of Downtown Atlanta, 251 Trinity Ave SW presents a rare 35,000-square-foot mixed-use investment opportunity spanning three contiguous parcels totaling approximately 0.30 acres. Offered at $7,400,000, this income-producing commercial asset combines immediate cash flow, a diversified tenant mix, and substantial long-term redevelopment flexibility in one of Atlanta’s most active urban growth corridors.
With a projected Net Operating Income of $430,000, the property offers strong in-place performance supported by multiple revenue streams. The current rent roll includes renovated residential apartments, street-level retail tenants, and restaurant / lounge / nightlife concepts with active new buildouts underway, creating a compelling blend of stabilized income and near-term upside.
Extensive capital improvements—including a brand-new roof and modernized apartment interiors—have already been completed, enhancing tenant appeal while helping reduce near-future capital expenditure requirements for new ownership.
Investment Highlights
35,000 SF mixed-use asset in Downtown Atlanta
Three contiguous parcels totaling approx. 0.30 acres
Offered at $7,400,000
Projected NOI: $430,000
Diversified income from apartments, retail & hospitality tenants
Recent renovations including roof and apartment upgrades
Street-level retail plus restaurant/lounge buildout upside
SPI-1 zoning supports long-term redevelopment flexibility
Strong blend of current yield and future land value potential
Strategically located amid Downtown Atlanta’s continued revitalization, the site benefits from proximity to transformative demand drivers including Atlanta Tech Village, Wild Leap Atlanta, stadium district activity, convention traffic, and major redevelopment initiatives throughout the surrounding Trinity / Castleberry corridor.
The SPI-1 zoning designation further enhances the asset’s appeal by supporting flexible future repositioning, mixed-use redevelopment, or expanded density strategies—making this a compelling acquisition for both cash-flow-focused investors and long-term urban developers.
This is a standout opportunity to secure a scale mixed-use asset in a rapidly evolving Downtown Atlanta location where immediate income and future redevelopment value intersect.
10,449 Sq.Ft. LIVING AREA
1,306.8 Sq.Ft. lot
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.
– Engel & Völkers Atlanta
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