493 Waterman Street SE
Marietta, GA, 30060 $ 1,799,000
Bedrooms-- Baths-- Sq 4,936 Monthly Estimate*
$ 11,077
for $1,799,000. This 4,936 square foot building was built in 1995 on a lot size of 0.369.
DEVELOPMENT OPPORTUNITY | 493 Waterman Street, Marietta, GA 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
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FeaturesInteriorInterior Amenities Reception Area Recessed Lighting Restrooms Track Lighting Other
Basement None
Flooring Hardwood Ceramic Tile
Window Features Insulated Windows
Total Baths 0
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GeneralHeating Central Natural Gas
Cooling Central Air Electric
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Underground Utilities Water Available
Possession Close Of Escrow
Roof None
Zoning CRC
Security Features Carbon Monoxide Detector(s) Fire Alarm Security Lights
Construction Materials Concrete
Year Built 1995
Electric Other
View Neighborhood
Levels Two
Property Subtype Mixed Use
Tax Year 2025
Business Type Professional/Office Warehouse Industrial
Waterfront Features N
Accessibility None
County Cobb - GA
Property Type Commercial Sale
HOA No
Energy Efficient HVAC Lighting
Green Energy Generation None
Other Structures Storage - Other
Status Active
Directions Use GPS - there are no signs
City Marietta
Body of Water None
Property Attached Y/N No
Tax Annual Amount 1699
Home Warranty Y/N No
Property Condition Updated/Remodeled
Standard Status Active
Occupancy Type Tenant
Legal Description All that tract or parcel of land lying and being in Land Lot 1234 of the 16th Land District 2nd Section City of Marietta Cobb County Georgia as shown on that Boundary Survey for Atlantis National Ser
Corporate Owner None
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ExteriorFencing None
Parking Features Parking Lot
Lot Features Free Standing Level
Total Parking 18
Foundation Details Slab
Number of Buildings 1
Building Area Total 4936
Lot Dimensions 36
Lot Size Acres 0.369
Road Surface Type Asphalt
Private Pool No
Lot Size Source Public Records
Road Frontage Type County Road
Other Equipment Furniture
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* Excluded FeaturesList ByLatoya RobinsonListing Agent
latoya.robinson@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,077
- Monthly Property Taxes
- $142
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Marietta, GA
Average List Price $972,084
Percent of Sale Price 46%
About Marietta, GA 62,364 Population
6% Since 2002
$ 50,924 Median Income
35.38 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1928881 Elementary School
1929148 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/10/2026 | $1,799,000 | | Listed Price |