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5885 Van Giesen, West Richland, WA 99353
5885 Van Giesen, West Richland, WA 99353
5885 Van Giesen, West Richland, WA 99353
5885 Van Giesen, West Richland, WA 99353
5885 Van Giesen, West Richland, WA 99353
5885 Van Giesen, West Richland, WA 99353
5885 Van Giesen, West Richland, WA 99353

5885 Van Giesen West Richland, WA 99353

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$974,990

ACTIVE
Beds
Baths
Sqft
10,512
Acres
0.6
Year
1978
Days on Site
1
Property Type
Commercial Sale
Sub Type
Per Square Foot
$93
Date Listed
May 28, 2026

Description of 5885 Van Giesen, West Richland, WA 99353

Listing details for 5885 Van Giesen, West Richland, WA 99353 : 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
Listing Updated : 05-28-2026 at 1:06 PM PDT
Listing Provided By

David Shinabarger, 509-371-9085, HomeSmart Elite Brokers

Source

PACMLS, MLS#: 293326

Property History

DateEventPrice
5/28/2026
Listed for sale
$974,990
$93/sqft
Source:PACMLS #293326
Home Worth Check

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