717 Washington Avenue NE, Marietta, GA 30060
COMMERCIAL - Marietta, GA
Property Features for 717 Washington Avenue NE
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
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 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 30060, GA
Market
Vacancy Rate% for Office in South region