Wire arc additive manufacturing (WAAM) as an emerging manufacturing technique for fabricating large size metallic components with a higher deposition rate and lower material wastage. In this research, a thin walled-part was fabricated from stainless steel 316L with various heat input (HI) (low heat deposited wall (LHDW) and high heat deposited wall (HHDW) using the cold metal transfer (CMT)-based WAAM process. The microstructure characteristics, metallurgical characterization, and mechanical properties of the WAAM manufactured thin-walled component were examined. The deposited wall measuring 120 mm in length and 50 mm in height was fabricated by WAAM using ER316L wire and CMT. Microstructure of the deposit parts consists of the equiaxed, coarse, and columnar grains with epitaxial growth of dendrites were formed. The decrease in HI leads to the improvement of material hardness, yield and ultimate tensile strength (UTS) as well as the percentage elongation after fracture of the material decreases. EBSD analysis demonstrates the average grain size of 0.98 µm in LHDW and 2.43 in HHDW respectively. XRD results shows that main crystal structure found in WAAM thin-walled sample was γ-austenite phases. The microhardness distribution of the fabricated component exhibited the stability characteristics with the average value ranging between 213–237 HV. The tensile studies demonstrate the UTS of the LHDW and HHDW along the horizontal direction are 477 MPa greater than the vertical direction of 468 MPa and observed the anisotropy properties. The fractured surface was characterized by the emergence of obvious dimples revealing the ductile fracture. The lower HI and finer solidification structure of component fabricated by LHDW has greater tensile and hardness properties than that of HHDW. This study presents the initial assessment results for repairing stainless steel components subjected to mechanical damage.