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Live-Work Space with Office/Retail Adaptability
For Sale
$400,000

717 Washington Avenue NE, Marietta, GA 30060

COMMERCIAL - Marietta, GA

Property Size1,507 SF
Lot Size0.35 Acres
Price / SF$265.43
Days on Market104

Property Features for 717 Washington Avenue NE

General Information

Property type Commercial Sale
Property subtype Other
Parking 4
Parking features Parking Lot
Lot features City Lot
Directions GPS
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 Tile, Hardwood
Building materials Wood Siding
Roof type Composition
Listing Agency: Atlanta Communities
Listed By: Christine Mckinnell · License #178409
Added: Apr 24 Changed: Aug 4 Last Checked: Aug 5 at 1:06PM
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.

Live-work space with mixed-use functionality near Marietta Square, currently described as mid-renovation and in need of updates, particularly the kitchen and interior spaces. The building includes office-style components such as multiple rooms and a reception area, along with a kitchen, supporting adaptation for improved commercial office use or a live-work residential setup.

The property sits on a 0.348-acre lot and totals 1,507 square feet. It is zoned CRC (Community Retail Commercial), which typically accommodates retail, office, and limited residential or live-work uses within the same structure. The exterior materials include wood siding and a composition roof.

The home has central heating and central air conditioning, flooring with tile and hardwood, and a parking lot for onsite parking. Utilities include public water and public sewer, with cable available. Built in 1950, the property is positioned for buyers seeking a redevelopment project within about 1 mile of Marietta Square.

Key Highlights

  • Zoned CRC (Community Retail Commercial), supporting retail, office, and limited live‑work or residential uses
  • 0.348‑acre lot with 1,507 sq ft mixed‑use live‑work redevelopment potential
  • Currently mid‑renovation, with updates needed for kitchen and interior spaces

Financial Insights For Retail

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 $33.1k $21.96
− Vacancy −$2.8k −$1.87
EGI $30.3k $20.09
− OpEx −$9.1k −$6.03
NOI $21.2k $14.07
1,507 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$302.8K
$265.0K – $353.3K (±1% cap)
NOI $21,197 @ 7.0% cap · market cap 5.30%
Second Best
Office B
$288.3K
$252.3K – $336.3K (±1% cap)
NOI $20,180 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$423.2K
$370.3K – $493.7K (±1% cap)
NOI $29,622 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Empire South Towing ... Auto Repair Shop

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Cafe & Coffee Shop Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,393
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Live-work space - Live-work redevelopment opportunity on 0.348 acres, zoned CRC, with central HVAC, parking lot, and public utilities.
Where is this live-work space 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: Zoned CRC (Community Retail Commercial), supporting retail, office, and limited live‑work or residential uses; 0.348‑acre lot with 1,507 sq ft mixed‑use live‑work redevelopment potential; Currently mid‑renovation, with updates needed for kitchen and interior spaces
More about this property
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