Historic Multi-Story Restaurant
257 Trinity Avenue 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 Avenue 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: Oct 10
Last Checked: Nov 10 at 3:06AM
MLS# 7840733
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.
This approximately ~5,000 SF commercial space occupies a historic multi-story building dating to 1900. Delivered as a blank canvas, the property allows a future operator to plan a custom interior for a restaurant, sports lounge, or nightlife concept. The lease structure is clear Triple Net (NNN), with flexible terms available.
The property is located at 257 Trinity Avenue SW in Downtown Atlanta, near Mercedes-Benz Stadium, Wild Leap Brewery, Centennial Yards, and the Atlanta Tech Village South Campus. Its setting places the space within the surrounding event, brewery, redevelopment, and technology-oriented district context.
The property is located at 257 Trinity Avenue SW in Downtown Atlanta, near Mercedes-Benz Stadium, Wild Leap Brewery, Centennial Yards, and the Atlanta Tech Village South Campus. Its setting places the space within the surrounding event, brewery, redevelopment, and technology-oriented district context.
Key Highlights
- ~5,000 SF across a historic multi‑story building
- 1900 construction date
- Blank‑canvas space for a custom buildout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,275
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,165,500
$1.2M
Cap Rate 7%
$832,500
$832.5K
Cap Rate 9%
$647,500
$647.5K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$90.0K $18.00/SF
− Vacancy
−$6.8K −$1.35/SF
EGI
$83.3K $16.65/SF
− OpEx
−$25.0K −$5.00/SF
NOI
$58.3K $11.66/SF
Area
Atlanta, GA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,165,500
Cap Rate 7%
$832,500
Cap Rate 9%
$647,500
Alternative Uses
Best Use
Specialty Retail
$966.9K
$846.0K – $1.13M
NOI $67,680 @ 7.0% cap
Second Best
Retail
$832.5K
$728.4K – $971.3K
NOI $58,275 @ 7.0% cap
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?
See the owner, sales and loan history
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
$250,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Historic commercial space suited to restaurant, lounge, or nightlife buildout with flexible NNN lease terms.
Where is this conventional restaurant located?
The property is located at 257 Trinity Avenue SW Atlanta, GA.
What are key features of this property?
This property features: ~5,000 SF across a historic multi‑story building; 1900 construction date; Blank‑canvas space for a custom buildout
