493 Waterman ST SE, Marietta, GA 30060
$1,599,000
Est. payment /mo
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0.37 Acres Lot
Price Dropped by $200K

493 Waterman ST SE Marietta, GA 30060

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Ryanne Johnson

Ryanne Johnson

+1(678) 620-4706

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Key Details

Property Type Commercial

Sub Type Commercial,Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 10670507

HOA Y/N No

Year Built 1995

Annual Tax Amount $1,699

Tax Year 2025

Lot Size 0.369 Acres

Acres 0.369

Lot Dimensions 16073.64

Property Sub-Type Commercial,Mixed Use

Source Georgia MLS 2

Property Description

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

Location

State GA

County Cobb

Zoning CRC

Rooms

Bedroom Description No

Interior

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Hardwood, Tile

Equipment Furniture

Fireplace No

Exterior

Parking Features Parking Lot

Garage Spaces 18.0

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

View Y/N No

Roof Type Other

Total Parking Spaces 18

Garage No

Private Pool No

Building

Lot Description Level

Faces Use GPS - there are no signs

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction No

Others

Tax ID 16123400230

Special Listing Condition Updated/Remodeled

Georgia MLS - GAMLS
© 2026 Georgia Multiple Listing Service. All Rights Reserved.

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Ryanne Johnson

Ryanne Johnson

Broker | License ID: 425166

+1(678) 620-4706

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493 Waterman ST SE