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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
| 5 days ago | Status changed to Active | |
| 5 days ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
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