Active Under Contract493 Waterman Street SE, Marietta, GA 30060
$182 per sq ft (computed from list price and building area in the listing data)
MLS# 7702061 · Listing Courtesy Of: Compass
Listing Contact: 404-668-6621
Facts
About this property
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.…
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Listing data last updated: Oct 30, 2026, 4:00 AM