Office-Institutional Zoned Office
For Sale
$849,900
329 lawrence Street NE, Marietta, GA 30060
Zoned Office-Institutional with a flexible layout of private offices and open conference space on an oversized lot.
Property Size2,154 SF
Price / SF$394.57
Days on Market78
Property Features for 329 lawrence Street NE
General Information
Standard status
Active
Size
2,154 SF
Property subtype
Office
Zoning
OI
Building Details
Year Built
1900
Listing Agency:
Keller Williams Realty Atl North
(404) 643-5952
Listed By:
Matthew Judy
(404) 643-5952
Source:
Xome
Added: May 20
Changed: Jul 10
Last Checked: Aug 5 at 4:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Atl North
Investment Insights
Based on property information with market context.
This commercial building spans 2,154 SF and is laid out with a mix of private offices and open workspace, along with conference room space. The configuration is functional for near-term use, while still leaving room for tenant customization. The property is currently used in connection with law firms, which aligns with the building’s office-oriented interior plan.
Located in the heart of Downtown Marietta at 329 Lawrence Street NE, the building is just moments from Marietta Square. The area supports walkability to restaurants, retail, and community amenities. The property is zoned Office-Institutional (OI) within the City of Marietta, and it sits within a professional corridor shaped by its proximity to the courthouse.
The Office-Institutional zoning supports a wide range of uses, including professional office, medical, boutique service retail, and other institutional applications. Site size is another key consideration: the lot is described as unusually large compared to surrounding properties, creating space for additional parking, outdoor activation, expansion, or long-term redevelopment planning. For tenants and buyers seeking an office property with both an adaptable interior and land for site-focused flexibility, this offering provides a practical foundation for occupancy and future refinement.
Located in the heart of Downtown Marietta at 329 Lawrence Street NE, the building is just moments from Marietta Square. The area supports walkability to restaurants, retail, and community amenities. The property is zoned Office-Institutional (OI) within the City of Marietta, and it sits within a professional corridor shaped by its proximity to the courthouse.
The Office-Institutional zoning supports a wide range of uses, including professional office, medical, boutique service retail, and other institutional applications. Site size is another key consideration: the lot is described as unusually large compared to surrounding properties, creating space for additional parking, outdoor activation, expansion, or long-term redevelopment planning. For tenants and buyers seeking an office property with both an adaptable interior and land for site-focused flexibility, this offering provides a practical foundation for occupancy and future refinement.
Key Highlights
- 2,154 SF commercial building with a layout of private offices plus open workspace/conference room
- Zoned Office‑Institutional (O&I) in the City of Marietta with listed uses including professional office and medical
- Central air cooling
Financial Insights For Healthcare Medical
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 | $58.2k | $27.00 |
| − Vacancy | −$6.1k | −$2.84 |
| EGI | $52.1k | $24.17 |
| − OpEx | −$20.8k | −$9.67 |
| NOI | $31.2k | $14.50 |
2,154 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$446.2K
$390.4K – $520.5K
NOI $31,231 @ 7.0% cap · market cap 3.67%
Second Best
Office B
$412.1K
$360.6K – $480.7K
NOI $28,844 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$604.8K
$529.2K – $705.7K
NOI $42,339 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,622
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Zoned Office-Institutional with a flexible layout of private offices and open conference space on an oversized lot.
Where is this office building located?
The property is located at 329 lawrence Street NE Marietta, GA.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 2,154 SF commercial building with a layout of private offices plus open workspace/conference room; Zoned Office‑Institutional (O&I) in the City of Marietta with listed uses including professional office and medical; Central air cooling
