251 Trinity Avenue SW Atlanta, GA 30303
Commercial Sale, Other - Atlanta, GA
Property Features for 251 Trinity Avenue SW
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Parking features
- None
- Interior features
- Beamed Ceilings, Track Lighting
- Standard status
- Active
- APN
- 14 007700050145
- Lot size
- 0.03 Acres
Utilities
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1920
- Flooring type
- Brick, Carpet, Hardwood, Tile, Tile - Ceramic
- Roof type
- Other
- Architectural style
- Other
Listing agent Tyler Russell (404) 510-2246
Listing office Engel & Völkers Atlanta 1745 Peachtree Street NE, Atlanta, GA (404) 845-7724
Listing date Jun 29, 2026
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Extensive renovations have already been completed, including a brand-new roof and modernized apartments. The property is positioned in Downtown Atlanta and is identified as SPI-1 zoning, supporting redevelopment flexibility.
With multiple revenue streams under one roof, this asset has an established in-place rental base alongside continued leasing activity through the ongoing buildouts.
Key Highlights
- Prime Downtown Atlanta Location: Situated in a rapidly developing area near Atlanta Tech Village and Wild Leap Brewery.
- Strong In‑Place Cash Flow: Generates a projected Net Operating Income of $430,000 from a diversified tenant mix.
- Significant Redevelopment Potential: SPI‑1 zoning offers unparalleled flexibility for future redevelopment projects.
Local Financial Insights For Specialty Retail
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 | $672.0k | $19.20 |
| − Vacancy | −$40.3k | −$1.15 |
| EGI | $631.7k | $18.05 |
| − OpEx | −$157.9k | −$4.51 |
| NOI | $473.8k | $13.54 |
