CRC Mixed-Use
For Sale
Under Contract
$255,000
717 Washington Avenue NE, Marietta, GA 30060
Commercial Sale, Marietta, GA
Property Size1,507 SF
Lot Size0.35 Acres
Price / SF$169.21
Days on Market49
Property Features for 717 Washington Avenue NE
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
4
Parking features
Parking Lot
Lot features
Level
Directions
GPS
Standard status
Active Under Contract
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
Frame, Wood Siding
Roof type
Composition
Listing Agency:
Atlanta Communities
(770) 240-2004
Listed By:
Christine Mckinnell
(678) 886-7795
Added: Sep 1
Changed: Oct 16
Last Checked: Oct 19 at 9:06PM
MLS# 10839633
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.
This mixed-use property occupies a 0.348-acre lot and is located approximately 1 mile from Marietta Square. Built in 1950, the building has a frame structure with wood siding, tile and hardwood flooring, central heating, central air, and a composition roof.
The interior has been used for office purposes and includes multiple rooms, a reception area, and a kitchen. The property is in transitional renovation condition, with interior areas and the kitchen identified for remodeling. CRC zoning supports a commercial setting with potential for retail, office, and limited residential or live-work use, subject to applicable requirements. Public water and public sewer serve the property, and a parking lot is included.
The interior has been used for office purposes and includes multiple rooms, a reception area, and a kitchen. The property is in transitional renovation condition, with interior areas and the kitchen identified for remodeling. CRC zoning supports a commercial setting with potential for retail, office, and limited residential or live-work use, subject to applicable requirements. Public water and public sewer serve the property, and a parking lot is included.
Key Highlights
- CRC (Community Retail Commercial) zoning
- 0.348‑acre lot approximately 1 mile from Marietta Square
- Office layout with multiple rooms, reception area, and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,180
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,600
$403.6K
Cap Rate 7%
$288,286
$288.3K
Cap Rate 9%
$224,222
$224.2K
Market Conditions
NOI Build-Up for 1,507 SF
Gross rent
$36.0K $23.87/SF
− Vacancy
−$9.1K −$6.02/SF
EGI
$26.9K $17.85/SF
− OpEx
−$6.7K −$4.46/SF
NOI
$20.2K $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%
$403,600
Cap Rate 7%
$288,286
Cap Rate 9%
$224,222
Alternative Uses
Best Use
Office B
$288.3K
$252.3K – $336.3K
NOI $20,180 @ 7.0% cap · market cap 7.91%
Second Best
Mixed Use
$284.2K
$248.7K – $331.5K
NOI $19,892 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$423.2K
$370.3K – $493.7K
NOI $29,622 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,393
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
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office-configured building with kitchen and multiple rooms in transitional condition for commercial or live-work redevelopment.
Where is this mixed-use property located?
The property is located at 717 Washington Avenue NE Marietta, GA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: CRC (Community Retail Commercial) zoning; 0.348‑acre lot approximately 1 mile from Marietta Square; Office layout with multiple rooms, reception area, and kitchen
