Office Building on Large
329 lawrence Street NE Marietta, GA 30060
For Sale
$849,900
SINGLE_FAMILY - Marietta, GA
Property Size2,154 SF
Lot Size0.55 Acres
Price / SF$394.57
Days on Market48
Property Features for 329 lawrence Street NE
General Information
Property type
Residential
Property subtype
Office
Zoning
O&I
Parking
12
Parking features
Parking Lot
Security features
Security
Window features
Wood Frames
Interior features
High Ceilings 10 or Greater, Reception Area, Restrooms
Standard status
Active
Size
2,154 SF
Lot size
0.55 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2539
Utilities
Utilities
Cable Available
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1900
Floors in Building
1
Flooring type
Hardwood
Building materials
Wood Siding
Roof type
Wood
Listing Agency:
Keller Williams Realty Atl North
(770) 509-0700
Listed By:
Matthew Judy
(678) 337-3233
Added: Jun 10
Last Checked: Jul 27 at 1:06PM
MLS# 7785722
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 property is a 2,154-square-foot commercial office building on a larger-than-surrounding lot, offering a functional interior layout with a mix of private offices and open workspace, along with conference room space. The site’s oversized lot presents room for practical on-site needs such as additional parking and outdoor activation, as well as flexibility for future changes to the property.
Located in Downtown Marietta and described as just moments from the Marietta Square, the building benefits from a setting where it is currently used among, and surrounded by, law firms due to proximity to the courthouse. The City of Marietta zoning is Office-Institutional (O&I), supporting a range of professional and institutional-oriented uses.
The zoning and existing office configuration make this property suitable for users looking for an immediately workable office environment, including professional office and medical office applications, as well as boutique service retail and other institutional uses that align with Office-Institutional zoning. For buyers and operators, the combination of an office-ready interior and a larger lot can support both near-term occupation and longer-term planning options within the Downtown Marietta context.
Located in Downtown Marietta and described as just moments from the Marietta Square, the building benefits from a setting where it is currently used among, and surrounded by, law firms due to proximity to the courthouse. The City of Marietta zoning is Office-Institutional (O&I), supporting a range of professional and institutional-oriented uses.
The zoning and existing office configuration make this property suitable for users looking for an immediately workable office environment, including professional office and medical office applications, as well as boutique service retail and other institutional uses that align with Office-Institutional zoning. For buyers and operators, the combination of an office-ready interior and a larger lot can support both near-term occupation and longer-term planning options within the Downtown Marietta context.
Key Highlights
- 2,154 SF commercial building on an oversized lot in the heart of downtown Marietta, just moments from Marietta Square
- Zoned Office‑Institutional (OI) within the City of Marietta; allows professional office, medical, boutique service retail, and other institutional uses
- Interior includes a reception area, restrooms, private offices, and open workspace/conference room layout for flexible occupancy
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 | $51.4k | $23.87 |
| − Vacancy | −$13.0k | −$6.02 |
| EGI | $38.5k | $17.85 |
| − OpEx | −$9.6k | −$4.46 |
| NOI | $28.8k | $13.39 |
2,154 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$412.1K
$360.6K – $480.7K
NOI $28,844 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Flexible O&I zoned office building with private offices and open workspace on a notably sized 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 on an oversized lot in the heart of downtown Marietta, just moments from Marietta Square; Zoned Office‑Institutional (OI) within the City of Marietta; allows professional office, medical, boutique service retail, and other institutional uses; Interior includes a reception area, restrooms, private offices, and open workspace/conference room layout for flexible occupancy
