251 Trinity Avenue SW, Atlanta, GA 30303
COMMERCIAL - Atlanta, GA
- Added:
- Jun 1, 2025
- Days on Market:
- 402
- Last Refresh:
- Jul 7 at 5:06 pm
Property Features for 251 Trinity Avenue SW
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 14 007700050145
- Size
- 35,000 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8258
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Flooring type
- Tile, Brick, Hardwood, Carpet
- Building materials
- Brick, Concrete
Listing agent Tyler Russell License #358216 (404) 510-2246
Listing office Engel & V?lkers Atlanta 1745 Peachtree St NE Suite T, Atlanta, GA (404) 845-7724
Listing date Jun 1, 2025
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Downtown Atlanta location with SPI‑1 zoning offering unparalleled redevelopment flexibility.
- Strong in‑place cash flow with a projected Net Operating Income of $430,000.
- 35,000 SF mixed‑use property on three contiguous parcels.
- Extensive renovations completed, including a brand‑new roof and modernized apartments.
- Strategic positioning amid Downtown's resurgence, near Atlanta Tech Village's new campus and Wild Leap Brewery.
- Multiple income streams from recently renovated apartments and street‑level retail/restaurant/lounge/nightclubs.
Overview
The property is located at 251 Trinity Avenue SW in Downtown Atlanta, Fulton County, Georgia (30303). It benefits from SPI-1 zoning, and the surrounding area includes active development activity. The site is described as being just steps from Atlanta Tech Village’s new downtown campus and Wild Leap Brewery.
For buyers and operators, the combination of completed building improvements and an in-place, diversified retail and residential mix can support an income-focused acquisition. The SPI-1 zoning and ongoing tenant buildouts also position the asset for continued leasing and tenant completion within a mixed-use environment.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $756.0k | $21.60 |
| − Vacancy | −$75.6k | −$2.16 |
| EGI | $680.4k | $19.44 |
| − OpEx | −$255.2k | −$7.29 |
| NOI | $425.3k | $12.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.396033
- Latitude
- 33.75078
