Historic Multi-Tenant Office
236 Washington Avenue NE, Marietta, GA 30060
For Sale
$895,000
Commercial Sale, Marietta, GA
Property Size2,683 SF
Lot Size0.34 Acres
Price / SF$333.58
Days on Market223
Property Features for 236 Washington Avenue NE
General Information
Property type
Property subtype
Parking features
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
rocking chair front porch
full kitchen
common area sitting room
Building Details
Year built
Building materials
Listing Agency:
Atlanta Communities
(770) 240-2004
Listed By:
Geoffrey Nagy
(770) 624-4562
Added: Apr 3
Changed: Oct 17
Last Checked: Nov 11 at 9:06AM
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.
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Investment Insights
Based on property information with market context.
Built in 1900, this 2,683-square-foot frame office building is configured for multi-tenant professional use. The layout includes six private offices, an administrative office, a shared sitting area, two restrooms, and a full kitchen. Central heating and central air support the building, while a newer roof and a rear parking lot add practical value. A front rocking-chair porch preserves the property's residential character.
The building is located at 236 Washington Avenue NE in Marietta, less than one mile from Historic Marietta Square and Cobb County government buildings, with I-75 approximately two miles away. Public water and public sewer serve the property, and cable is available. The current office configuration and existing attorney tenancy provide an established professional setting for continued office use.
The building is located at 236 Washington Avenue NE in Marietta, less than one mile from Historic Marietta Square and Cobb County government buildings, with I-75 approximately two miles away. Public water and public sewer serve the property, and cable is available. The current office configuration and existing attorney tenancy provide an established professional setting for continued office use.
Key Highlights
- 2,683‑square‑foot office building constructed in 1900
- Six private offices plus an administrative office, common sitting area, two restrooms, and full kitchen
- Fully occupied by individual attorney tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,928
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,560
$718.6K
Cap Rate 7%
$513,257
$513.3K
Cap Rate 9%
$399,200
$399.2K
Market Conditions
NOI Build-Up for 2,683 SF
Gross rent
$64.0K $23.87/SF
− Vacancy
−$16.1K −$6.02/SF
EGI
$47.9K $17.85/SF
− OpEx
−$12.0K −$4.46/SF
NOI
$35.9K $13.39/SF
Area
Cobb County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,560
Cap Rate 7%
$513,257
Cap Rate 9%
$399,200
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
Retail
$773.5K
$676.8K – $902.4K
NOI $54,146 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
6
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,798
Businesses Nearby
Explore this area
Business Placement
Demographics for 30060, GA
39,890
Population
15,036
Households
2.7
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
15.5 sq mi
ZIP Area
2,574
Density / Sq Mi
$62,180
Median Household Income
$34,537
Median Earnings
$1,344
Median Rent
$282,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Marietta, GA
Properties on Market for Office buildings in Marietta
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Fully occupied professional office property with private offices, shared amenities, 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: 2,683‑square‑foot office building constructed in 1900; Six private offices plus an administrative office, common sitting area, two restrooms, and full kitchen; Fully occupied by individual attorney tenants
