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$1,799,000
10 Days On Site

493 Waterman Street SE
Marietta, GA 30060

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
4,936
SqFt
$364
/SqFt
1995
Built
County:
Cobb
Listing Provided Courtesy Of: Latoya Robinson of Compass Broker: Prefer Ph#:latoya.robinson@compass.com

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493 Waterman Street SE493 Waterman Street SE493 Waterman Street SE493 Waterman Street SE
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DEVELOPMENT OPPORTUNITY | 493 Waterman Street, Marietta, GA Strategic Infill Site with Residential & Mixed-Use Potential 493 Waterman Street presents a compelling infill development opportunity in a growing Marietta submarket supported by ongoing redevelopment, housing demand, and proximity to employment, retail, and transportation corridors. This site is well-suited for ground-up development of approximately 3–4 single-family residences or a mixed-use / neighborhood commercial concept, subject to zoning and municipal approvals. The property’s configuration, location, and surrounding land uses support multiple development strategies, making it ideal for small-scale residential builders, boutique developers, or investors seeking flexible entitlement pathways. Investment Highlights • Residential Development Potential: Feasible layout for 3–4 detached single-family homes (buyer to verify density and setbacks). Currently surrounded by new construction, home prices at over a million dollars. • Alternative Use Flexibility: Suitable for mixed-use or light commercial redevelopment depending on zoning and approvals. The building has endless potential and has recently been renovated. move-in-ready office spaces, 2 car bays, and so much more. • High Demand Location: Positioned within an established corridor benefiting from continued neighborhood reinvestment, public transportation, a walkable community, and thriving business. • Market Demand: Strong local demand for new construction housing and small-scale commercial projects • Utilities & Infrastructure: Public utilities are available Standalone EcoHut The site includes a standalone EcoHut structure, providing immediate functional utility for developers. This structure may serve as: • Temporary construction or development office • Sales or leasing workspace • Creative studio or flexible accessory structure • Potential adaptive reuse or removal depending on the final development plan The EcoHut offers near-term usability while long-term redevelopment plans are executed, reducing early-phase overhead and increasing site efficiency. 493 Waterman Street offers a rare combination of location, flexibility, and immediate utility in a desirable Marietta market. With multiple development paths and strong fundamentals, this site represents an attractive opportunity for developers seeking scalable returns in an infill environment or the perfect business owner looking to grow their business in the perfect location. All zoning, land use, density, and development feasibility to be verified by the Buyer with Cobb County and applicable authorities

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Listing Snapshot
Price 
$1,799,000
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,936 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.369 Acres
Year Built 
1995
MLS® Number 
7702061
Status 
Active
Property Tax 
$1,699
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoStatus changed to Active
a week agoPrice changed to $1,799,000
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.369
Foundation 
Slab
Green Energy Efficient 
HVACLighting
Levels 
Two
Number Of Stories 
2
Parking 
Parking Lot
Parking Spaces 
18
Property Condition 
Updated/Remodeled
Property Sub Type 
Mixed Use
Security 
Smoke Detector(s)Carbon Monoxide Detector(s)Fire AlarmSecurity Lights
Special Circumstances 
Third Party Approval
SqFt Total 
4936
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableUnderground UtilitiesWater Available
Zoning 
CRC
Interior Features
Basement 
None
Cooling 
Central AirElectric
Flooring 
HardwoodCeramic Tile
Heating 
CentralNatural Gas
Interior 
Recessed LightingTrack LightingOther
Window Features 
Insulated Windows
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Exterior Features
Construction Details 
Concrete
Fencing 
None
Lot Features 
Level
Road Frontage 
County Road
Roof 
None
View 
Neighborhood
Waterfront Features 
None
Waterview 
Neighborhood
Windows/Doors 
Insulated Windows
Community Features
Roads 
Asphalt
Listing Provided Courtesy Of: Latoya Robinson of Compass Broker: Prefer Ph#:latoya.robinson@compass.com

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Neighborhood & Commute
Source: Walkscore
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