Trinity Ave - Downtown Atlanta 251 Trinity Ave SW 35,000 SF 79% Leased Retail Building Atlanta, GA 30303 $8,000,000 ($228.57/SF) 5.37% Cap Rate

EXECUTIVE SUMMARY

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.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Retail
Building Size
35,000 SF
Year Built
1900
Price
$8,000,000
Price Per SF
$228.57
Cap Rate
5.37%
NOI
$429,600
Percent Leased
79%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
7.27
Lot Size
0.11 AC
Zoning
SPI1
Parking
26 Spaces (0.74 Spaces per 1,000 SF Leased)
Frontage
100’ on Trinity Ave SW

AMENITIES

  • Bus Line
  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 253
  • 5,000 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
253 5,000 SF Retail In-Line Now

253

Size
5,000 SF
Space Use
Retail
Position
In-Line
Available
Now
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (81)

NEARBY MAJOR RETAILERS

Flying Biscuit
Truist
Bank of America
Regions Bank
Starbucks
McCormick & Schmick’s
Blimpie
Ruth's Chris Steak House
Chase Bank
Waffle House
  • Listing ID: 35331777

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 251 Trinity Ave SW, Atlanta, GA 30303