493 Waterman ST SE Marietta, GA 30060
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,936 sqft
Price per Sqft $364
Subdivision No Subdivision
MLS Listing ID 7702061
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1995
Annual Tax Amount $1,699
Tax Year 2025
Lot Size 0.369 Acres
Acres 0.369
Property Sub-Type Mixed Use
Source First Multiple Listing Service
Property Description
Strategic Infill Site with Residential & Mixed-Use Potential
493 Waterman Street presents a compelling infill development opportunity in a growing Marietta submarket supported by ongoing redevelopment, housing demand, and proximity to employment, retail, and transportation corridors. This site is well-suited for ground-up development of approximately 3–4 single-family residences or a mixed-use / neighborhood commercial concept, subject to zoning and municipal approvals. The property's configuration, location, and surrounding land uses support multiple development strategies, making it ideal for small-scale residential builders, boutique developers, or investors seeking flexible entitlement pathways.
Investment Highlights
• Residential Development Potential: Feasible layout for 3–4 detached single-family homes (buyer to verify density and setbacks). Currently surrounded by new construction, home prices at over a million dollars.
• Alternative Use Flexibility: Suitable for mixed-use or light commercial redevelopment depending on zoning and approvals. The building has endless potential and has recently been renovated. move-in-ready office spaces, 2 car bays, and so much more.
• High Demand Location: Positioned within an established corridor benefiting from continued neighborhood reinvestment, public transportation, a walkable community, and thriving business.
• Market Demand: Strong local demand for new construction housing and small-scale commercial projects
• Utilities & Infrastructure: Public utilities are available Standalone EcoHut
The site includes a standalone EcoHut structure, providing immediate functional utility for developers. This structure may serve as:
• Temporary construction or development office
• Sales or leasing workspace
• Creative studio or flexible accessory structure
• Potential adaptive reuse or removal depending on the final development plan
The EcoHut offers near-term usability while long-term redevelopment plans are executed, reducing early-phase overhead and increasing site efficiency. 493 Waterman Street offers a rare combination of location, flexibility, and immediate utility in a desirable Marietta market. With multiple development paths and strong fundamentals, this site represents an attractive opportunity for developers seeking scalable returns in an infill environment or the perfect business owner looking to grow their business in the perfect location.
All zoning, land use, density, and development feasibility to be verified by the Buyer with Cobb County and applicable authorities
Location
State GA
County Cobb
Zoning CRC
Lake Name None
Rooms
Other Rooms Storage - Other
Basement None
Interior
Interior Features Reception Area, Recessed Lighting, Restrooms, Track Lighting, Other
Heating Central, Natural Gas
Cooling Central Air, Electric
Flooring Hardwood, Ceramic Tile
Equipment Furniture
Window Features Insulated Windows
Exterior
Parking Features Parking Lot
Fence None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type None
Street Surface Asphalt
Accessibility None
Handicap Access None
Total Parking Spaces 18
Private Pool false
Building
Lot Description Free Standing, Level
Story Two
Foundation Slab
Level or Stories Two
Structure Type Concrete
Construction Status Updated/Remodeled
Others
Senior Community no
Tax ID 16123400230
Special Listing Condition Third Party Approval
NEARBY SCHOOL & BUSINESS
- 9
Marietta Center for Advanced Academics
Public | 3 - 5
- 8
West Side Elementary School
Public | KG - 5
- 7
Sawyer Road Elementary School
Public | KG - 5
- 5
A. L. Burruss Elementary School
Public | KG - 5
- 5
Hickory Hills Elementary School
Public | KG - 5
- 5
Park Street Elementary School
Public | KG - 5
- 5
Marietta 6th Grade Academy
Public | 6 - 6
- 4
Dunleith Elementary School
Public | KG - 5
- 4
Fair Oaks Elementary School
Public | KG - 5
- 4
Green Acres Elementary School
Public | KG - 5
- 4
Lockheed Elementary School
Public | KG - 5
- 3
Powers Ferry Elementary School
Public | PK - 5
- 0
Carman Adventist School
Private | PK - 8
- 0
St Joseph Catholic School
Private | KG - 8
- 0
First United Methodist Weekday Ministry
Private | PK - KG
- 0
Marietta First Baptist Chruch Cee
Private | PK - KG
- 0
The Stonehaven School
Private | PK - 8
- 0
The Walker School
Private | PK - 12
- 0
Covenant Christian School
Private | KG - 12
- 0
Grace Academy
Private | 1 - 11
- 6
Marietta Middle School
Public | 7 - 8
- 0
George W. Hartmann Center
Public | 9 - 11
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