Historic Multi-Tenant Office
236 Washington Avenue NE Marietta, GA 30060
236 Washington Avenue NE, Marietta, GA, 30060
$895,000
For Sale
$895,000
COMMERCIAL - Marietta, GA
Property Size2,683 SF
Lot Size0.34 Acres
Price / SF$333.58
Days on Market107
Property Features for 236 Washington Avenue NE
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 16121700680
- Size
- 2,683 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 24
- Tax Annual Amount
- 10033
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Building materials
- Frame
Listing Agency
Atlanta Communities
(770) 240-2004
3405 Dallas Highway, Suite 720, Marietta, GA
Listed by
Geoffrey Nagy
(770) 624-4562
Added: Apr 3 Checked: Jul 18 at 7:06 pm
MLS# 10730919
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1900 and maintained as a professional office setting, this landmark multi-tenant office building totals 2,683 square feet. The interior configuration includes six private offices, a dedicated administrative office, a common area sitting room, two restrooms, and a full kitchen designed for day-to-day professional use. Exterior features include a rear parking lot for off-street tenant and client parking, along with a classic rocking chair front porch that reflects the building’s residential origins. The property also has a newer roof.
Located at 236 Washington Avenue NE in Marietta, Georgia, the building is positioned less than one mile from Historic Marietta Square and Cobb County government buildings, with approximately two miles to I-75. The setting supports office users who value convenient access to local civic destinations and nearby interstate connectivity.
The building is currently fully occupied with six private offices leased to individual attorneys. At closing, the current owner’s office will be vacated, creating an opportunity for a new owner to occupy one suite while collecting rent from the remaining five leased offices. With its established office layout and on-site parking, the property is well suited for attorney and professional services use, or for buyers seeking a turnkey operating structure with an immediately leased income base.
Located at 236 Washington Avenue NE in Marietta, Georgia, the building is positioned less than one mile from Historic Marietta Square and Cobb County government buildings, with approximately two miles to I-75. The setting supports office users who value convenient access to local civic destinations and nearby interstate connectivity.
The building is currently fully occupied with six private offices leased to individual attorneys. At closing, the current owner’s office will be vacated, creating an opportunity for a new owner to occupy one suite while collecting rent from the remaining five leased offices. With its established office layout and on-site parking, the property is well suited for attorney and professional services use, or for buyers seeking a turnkey operating structure with an immediately leased income base.
Key Highlights
- Fully leased multi‑tenant professional office building providing immediate, steady rental income.
- Prime location on "Lawyer's Row," less than one mile from Historic Marietta Square and Cobb County government buildings.
- Unique opportunity to occupy one office suite while collecting rent from the remaining five.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.0k | $23.87 |
| − Vacancy | −$16.1k | −$6.02 |
| EGI | $47.9k | $17.85 |
| − OpEx | −$12.0k | −$4.46 |
| NOI | $35.9k | $13.39 |
2,683 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$513.3K
$449.1K – $598.8K
NOI $35,928 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$753.4K
$659.2K – $879.0K
NOI $52,737 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Willingham Law Firm, ...
Law Firm
Reid Thompson
Law Firm
Berry Jimmy D
Law Firm
Brian Hobbs Law, ...
Law Firm
Carlton Legal Group
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Built in 1900, this fully leased office building offers multiple private suites, a full kitchen, and off-street parking.
Where is this office building located?
The property is located at 236 Washington Avenue NE Marietta, GA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Fully leased multi‑tenant professional office building providing immediate, steady rental income.; Prime location on "Lawyer's Row," less than one mile from Historic Marietta Square and Cobb County government buildings.; Unique opportunity to occupy one office suite while collecting rent from the remaining five.
