Marietta Mixed-Use Redevelopment
717 Washington Avenue NE Marietta, GA 30060
For Sale
$400,000
COMMERCIAL - Marietta, GA
Property Size1,507 SF
Lot Size0.35 Acres
Price / SF$265.43
Days on Market93
Property Features for 717 Washington Avenue NE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 4
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 16121400980
- Size
- 1,507 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 929
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Flooring type
- Hardwood, Tile
- Building materials
- Wood Siding
- Roof type
- Composition
Listing Agency:
Atlanta Communities
(770) 240-2004
Listed By:
Christine Mckinnell · License #178409
(678) 886-7795
Added: Apr 24
Changed: Apr 28
Last Checked: Jul 25 at 10:06AM
MLS# 10741083
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.
Located approximately one mile from the Marietta Square, this 1,700 square foot mixed-use property is suitable for office, retail, or live-work redevelopment. The property is currently in transitional or renovation condition. Zoned CRC (Community Retail Commercial), the designation typically allows retail, office, and limited residential or live-work uses in the same structure. Previously utilized as office space, the building features multiple rooms, a reception area, and a kitchen, making it adaptable for business or residential conversion. The property is commonly described as mid-renovation or in need of updates, particularly the kitchen and interior spaces, which are suitable for remodeling into either improved commercial offices or a live/work residential setup. The lot size is 0.348 acres.
Key Highlights
- Prime location: Just 1 mile to the vibrant Marietta Square.
- Flexible CRC zoning allows for office, retail, or live‑work redevelopment.
- Mixed‑use potential: 1,700 sq ft suitable for commercial and residential purposes.
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 | $36.0k | $23.87 |
| − Vacancy | −$9.1k | −$6.02 |
| EGI | $26.9k | $17.85 |
| − OpEx | −$6.7k | −$4.46 |
| NOI | $20.2k | $13.39 |
1,507 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$288.3K
$252.3K – $336.3K
NOI $20,180 @ 7.0% cap · market cap 5.05%
Second Best
Mixed Use
$284.2K
$248.7K – $331.5K
NOI $19,892 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$423.2K
$370.3K – $493.7K
NOI $29,622 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Empire South Towing ...
Auto Repair Shop
FAQs
What type of property is this?
Mixed-use property - Mixed-use property near Marietta Square suitable for office, retail, live-work.
Where is this mixed-use property located?
The property is located at 717 Washington Avenue NE Marietta, GA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime location: Just 1 mile to the vibrant Marietta Square.; Flexible CRC zoning allows for office, retail, or live‑work redevelopment.; Mixed‑use potential: 1,700 sq ft suitable for commercial and residential purposes.
