Historic Multi-Story Restaurant
257 Trinity AVE SW, Atlanta, GA 30303
For Sale
Contact for pricing
Atlanta, GA
Property Size5,000 SF
Price / SF$1.50
Days on Market52
Property Features for 257 Trinity AVE SW
General Information
Property type
Property subtype
Standard status
Building Details
Year built
Listing Agency:
Engel & Volkers Atlanta · Engel & Völkers
(404) 845-7724
Listed By:
Tyler Russell · License GA #358216
Added: Sep 20
Changed: Sep 30
Last Checked: Nov 10 at 3:06AM
MLS# 10849602
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.
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Investment Insights
Based on property information with market context.
Built in 1900, this multi-story commercial building offers approximately 5,000 square feet configured as a blank canvas for a restaurant concept. The space can accommodate restaurant, sports lounge, or nightlife uses, allowing an operator to shape the interior around its business plan and customer experience. A clear Triple Net (NNN) lease structure is available, with flexible terms noted.
The property is located at 257 Trinity Ave SW in Downtown Atlanta, near Mercedes-Benz Stadium, Wild Leap Brewery, Centennial Yards, and the Atlanta Tech Village South Campus. Its surrounding context includes event-related activity, brewery and entertainment destinations, and nearby technology offices. The building’s historic character and multi-story layout provide a substantial base for a customized commercial buildout.
The property is located at 257 Trinity Ave SW in Downtown Atlanta, near Mercedes-Benz Stadium, Wild Leap Brewery, Centennial Yards, and the Atlanta Tech Village South Campus. Its surrounding context includes event-related activity, brewery and entertainment destinations, and nearby technology offices. The building’s historic character and multi-story layout provide a substantial base for a customized commercial buildout.
Key Highlights
- Approximately 5,000 SF across a historic multi‑story building
- Built in 1900
- Blank‑canvas interior for a custom restaurant buildout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,680
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,353,600
$1.4M
Cap Rate 7%
$966,857
$966.9K
Cap Rate 9%
$752,000
$752.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$96.0K $19.20/SF
− Vacancy
−$5.8K −$1.15/SF
EGI
$90.2K $18.05/SF
− OpEx
−$22.6K −$4.51/SF
NOI
$67.7K $13.54/SF
Area
Atlanta, GA
Vacancy
6.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,353,600
Cap Rate 7%
$966,857
Cap Rate 9%
$752,000
Alternative Uses
Best Use
Specialty Retail
$966.9K
$846.0K – $1.13M
NOI $67,680 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,838 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,856
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30303, GA
9,352
Population
1,625
Households
5.8
Avg Household Size
25
Median Age
25%
College-Educated
88%
High-School Grad
1.0 sq mi
ZIP Area
9,352
Density / Sq Mi
$9,322
Median Earnings
$1,705
Median Rent
$250,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Conventional restaurants in Atlanta, GA
Properties on Market for Conventional restaurants in Atlanta
Vacancy Rate% for Retail in Atlanta, GA
Similar Off Market Nearby
- Cafe Momo — 231 Peachtree St b71, Atlanta, GA 30303
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Flexible downtown space supports a custom restaurant buildout with NNN lease terms available.
Where is this conventional restaurant located?
The property is located at 257 Trinity AVE SW Atlanta, GA.
What are key features of this property?
This property features: Approximately 5,000 SF across a historic multi‑story building; Built in 1900; Blank‑canvas interior for a custom restaurant buildout
