Event Venue with Fenced
For Sale
$500,000
4425 Marietta Street, Powder Springs, GA 30127
Commercial Sale, Powder Springs, GA
Property Size1,484 SF
Lot Size0.09 Acres
Price / SF$336.93
Days on Market102
Property Features for 4425 Marietta Street
General Information
Property type
Residential
Property subtype
Retail
Zoning
C3
Parking
2
Parking features
Parking Lot, Covered, On Street
Window features
Display Window(s)
Interior features
High Ceilings 10 or Greater, Restrooms
Accessibility
Accessible Approach with Ramp
Lot features
Level
View
City
Directions
Please use GPS
Standard status
Active
Size
1,484 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
2690
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas, Central
Cooling system
Central Air
Water source
Public
Amenities
two bathrooms
butler pantry
plumbing stubbed for expansion
large front windows
roll up bay doors
fenced patio
Building Details
Year built
1925
Floors in Building
1
Flooring type
Hardwood, Tile - Ceramic, Concrete
Building materials
Brick, Brick 4 Sides, Stucco
Roof type
Flat
Listing Agency:
Keller Williams Realty Signature Partners
(678) 631-1700
Listed By:
Mark Naffziger · License #339939
(678) 631-1700
Added: May 20
Changed: Aug 20
Last Checked: Aug 29 at 6:06AM
MLS# 7778251
Copyright © 2026 First Multiple Listing Service, Inc. 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.
This 1,484-square-foot event venue at 4425 Marietta Street includes two bathrooms, a butler pantry, and additional plumbing stubbed for future expansion. Large front windows bring natural light into the interior, while roll-up bay doors connect the main space with a fenced patio for indoor-outdoor event layouts. The property features ceilings of 10 feet or greater, hardwood, ceramic tile, and concrete flooring, along with brick and stucco exterior construction.
Built in 1925, the building has central air, hot water heating, and natural gas service. Parking is available through an on-site lot, covered spaces, and on-street options. A ramp provides an accessible approach. Public water and public sewer serve the property, which is zoned C3 and located in downtown Powder Springs, GA.
Built in 1925, the building has central air, hot water heating, and natural gas service. Parking is available through an on-site lot, covered spaces, and on-street options. A ramp provides an accessible approach. Public water and public sewer serve the property, which is zoned C3 and located in downtown Powder Springs, GA.
Key Highlights
- 1,484‑square‑foot event venue on a 0.089‑acre lot
- Fenced patio connects to the interior through roll‑up bay doors
- Two bathrooms, butler pantry, and plumbing stubbed for expansion
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,873
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$417,460
$417.5K
Cap Rate 7%
$298,186
$298.2K
Cap Rate 9%
$231,922
$231.9K
Market Conditions
NOI Build-Up for 1,484 SF
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.
Gross rent
$32.6K $21.96/SF
− Vacancy
−$2.8K −$1.87/SF
EGI
$29.8K $20.09/SF
− OpEx
−$8.9K −$6.03/SF
NOI
$20.9K $14.07/SF
Area
Cobb County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$417,460
Cap Rate 7%
$298,186
Cap Rate 9%
$231,922
Alternative Uses
Best Use
Retail
$298.2K
$260.9K – $347.9K
NOI $20,873 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$416.7K
$364.6K – $486.2K
NOI $29,170 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 47%
Waffle House
Dining
6,740 visits/mo
0.5 miles
Little Caesars Pizza
Dining
6,574 visits/mo
0.4 miles
AutoZone
Shops & Services
3,164 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
2,965 visits/mo
0.5 miles
76
Shops & Services
2,129 visits/mo
0.4 miles
Demographics for 30127, GA
68,574
Population
25,289
Households
2.7
Avg Household Size
40
Median Age
40%
College-Educated
92%
High-School Grad
51.3 sq mi
ZIP Area
1,337
Density / Sq Mi
$104,997
Median Household Income
$48,049
Median Earnings
$1,800
Median Rent
$322,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Wedding venue - Flexible downtown gathering space with roll-up doors, two restrooms, and a bright storefront presence.
Where is this wedding venue located?
The property is located at 4425 Marietta Street Powder Springs, GA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1,484‑square‑foot event venue on a 0.089‑acre lot; Fenced patio connects to the interior through roll‑up bay doors; Two bathrooms, butler pantry, and plumbing stubbed for expansion
