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493 Waterman ST SE, Marietta, GA 30060
493 Waterman ST SE, Marietta, GA 30060
493 Waterman ST SE, Marietta, GA 30060
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$899,000
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4,936 SqFt
Active Under Contract

493 Waterman ST SE Marietta, GA 30060

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Quillie Williams

Quillie Williams

+1(678) 573-6100

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,936 sqft

Price per Sqft $182

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

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

Lake Name None

Rooms

Other Rooms Storage - Other

Basement None

Bedroom Reception Area,Recessed Lighting,Restrooms,Track Lighting,Other

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

First Multiple Listing Service(FMLS)
Listed by Compass
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Grocery Stores Supermarkets Farmers Markets Food Markets
Restaurants Fast Casual Coffee Shops Breakfast Pizza
Shopping Centers Retail Stores Malls Home Improvement
Hospitals Urgent Care Doctors Offices Pharmacies Dentists
Parks Walking Trails Recreation Centers Playgrounds Fitness Centers
Banks Credit Unions ATMs
Hair Salons Barbers Nail Salons Spas
Movie Theaters Entertainment Museums Event Venues
Airports Hotels Car Rental Public Transportation
Post Office Police Department Fire Department Library City Hall
Churches Places of Worship Mosques Synagogues
Veterinarians Animal Hospitals Pet Grooming Pet Stores
Gas Stations Car Wash Childcare Storage
The property location map is included so buyers can clearly see where the listing is located before opening nearby category searches. Street View availability and viewing angle are controlled by Google and may not always show the exact front of the property. Google Maps may display nearby results based on relevance, distance, ratings, prominence, and sponsored placement, and may not show mileage beside every result. Nearby information is provided for buyer convenience only. School assignment, distance, zoning, commute time, business hours, services, and availability should be independently verified by the buyer.
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Estimated Payment for This Home
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493 Waterman ST SE

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Quillie Williams

Quillie Williams

Broker Associate License ID: 204690

+1(678) 573-6100

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