5885 W Van Giesen St, West Richland, WA

Name: 5885 W Van Giesen St, For Sale in West Richland - Zoocasa
Brand: HomeSmart Elite Brokers
SKU: 293326
Price: 974990 USD

House

For Sale

Listed price in listed location currency (USD).

$974,990

000

MLS® 293326

Overview

Key Facts

Type

Levels Commercial Sale

Size 10512 sqft

Garage

Taxes $5,546

Days Active 1

Lot Size

Approx. Age 1978

Avg. Price Per Sqft $92

MLS® Number 293326

Property Address: 5885 W Van Giesen St, West Richland, WA, 99353-9310

Average square foot calculated using Size range provided by listing agent.

Description

This Self Storage Facility presents an outstanding opportunity to acquire a well-established income-producing asset in the rapidly growing West Richland market. Located on Van Giesen Street, this 90-unit self-storage facility offers strong in-place cash flow with significant upside potential through continued occupancy growth, operational modernization, and strategic improvements. Currently operating at approximately 85% physical occupancy, the property features a highly functional unit mix designed to serve a broad range of residential and commercial storage users. A standout feature is that every unit is equipped with individual power access — an amenity frequently not found in many competing facilities. The facility offers easy customer access with wide drive aisles, strong street visibility, and a convenient location near expanding residential neighborhoods and major commuter corridors. The current list price reflects a cap rate of just over 7%, presenting investors with an attractive yield opportunity in an increasingly competitive self-storage sector. The facility offers easy customer access with wide drive aisles, strong street visibility, and a convenient location near expanding residential neighborhoods and major commuter corridors. The current list price reflects a cap rate of just over 7%, presenting investors with an attractive yield opportunity in an increasingly competitive self-storage sector. Additional value-add potential exists through security and technology enhancements, including online payment system and a website. The property also includes an easement area for the adjoining property's well head. Contact Listing Broker for financial information, rent roll, and showing instructions

MLS® Number293326

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1978

Basement

Driveway0 - 10 Spaces

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 28, 2026List Date

$974,990List Price

Map

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