Two-Building Mixed-Use
New
For Sale
$649,000
375 Bell St SE, Marietta, GA 30060
A live-work residence accompanies a finished commercial building suited to indoor recreation or other business use.
Property Size3,200 SF
Price / SF$202.81
Days on Market2
Property Features for 375 Bell St SE
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Commercial
Building Details
Year Built
1952
Buildings
2
Listing Agency:
Atlanta Communities
Listed By:
Al Shoushtarian · License #353501
(678) 469-8800
Source:
Searchhomesinsavannah
Added: Oct 25
Changed: Oct 26
Last Checked: Oct 26 at 1:50PM
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 Atlanta Communities
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Investment Insights
Based on property information with market context.
This mixed-use property includes two separate buildings. The updated residence has four rooms, two full bathrooms, and an open-plan interior suited to live-work use. A second, finished building offers 1,500 square feet in a 30-by-50-foot configuration, with high ceilings, bamboo hardwood flooring, central HVAC, new windows, and skylights. The property was built in 1952.
The site is across from KSU’s campus in Marietta. The larger building has been used as an indoor sports facility and may accommodate other business uses, including events or a daycare, as described in the property information.
The site is across from KSU’s campus in Marietta. The larger building has been used as an indoor sports facility and may accommodate other business uses, including events or a daycare, as described in the property information.
Key Highlights
- Two separate buildings on one property
- Updated residence with four rooms, two full bathrooms, and an open‑plan layout
- Finished 1,500‑square‑foot building measuring 30 ' x 50 '
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,851
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,020
$857.0K
Cap Rate 7%
$612,157
$612.2K
Cap Rate 9%
$476,122
$476.1K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$76.4K $23.87/SF
− Vacancy
−$19.2K −$6.02/SF
EGI
$57.1K $17.85/SF
− OpEx
−$14.3K −$4.46/SF
NOI
$42.9K $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%
$857,020
Cap Rate 7%
$612,157
Cap Rate 9%
$476,122
Alternative Uses
Best Use
Office B
$612.2K
$535.6K – $714.2K
NOI $42,851 @ 7.0% cap · market cap 6.60%
Second Best
Mixed Use
$603.4K
$528.0K – $704.0K
NOI $42,240 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$898.6K
$786.2K – $1.05M
NOI $62,899 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,345
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A live-work residence accompanies a finished commercial building suited to indoor recreation or other business use.
Where is this mixed-use property located?
The property is located at 375 Bell St SE Marietta, GA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two separate buildings on one property; Updated residence with four rooms, two full bathrooms, and an open‑plan layout; Finished 1,500‑square‑foot building measuring 30 ' x 50 '
