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33244079
33244080

1708 Risley Rd, Columbia, SC 29223

$369,000
24 days on market
Updated 23 days ago

Workshop & Storage Facility

Details
Property Type Self Storage
Sub Type Workshop, Storage Units
Square Footage 4,400
Units 16
Cap Rate 10.3%
NOI $38,000
Occupancy 100%
Tenancy Multi
Class C
Investment Type Stabilized
Sale Condition For sale by owner

Self Storage | 10.30% CAP | 16 Units

Marketing description

A turnkey, hands-off income property. This 100% occupied income-producing commercial workshop and storage facility offers ~4,400 SF of rentable space across 16 fully leased units. The property features 1 office unit, 7 workshop units (20' x 20' each totaling ~2,800 SF), and 8 storage units (10' x 20' each totaling ~1,600 SF). The facility is well-maintained with simple operations, generating current annual income of approximately $50,000 with annual expenses of approximately $12,000. Some units have below-market rents, presenting immediate value-add opportunities with income upside potential of ~$60,000. Ideal for owner-operator or passive investor seeking a turnkey operation with low management requirements and a stable, diversified tenant base.

Investment highlights

  • Turnkey operation with 100% occupancy
  • Some below-market rents - immediate value-add
  • Low management requirements
  • Stable, diversified base across 16 units
  • Ideal for owner-operator or passive investor

Listing Contacts

Valuation Calculator

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$38,000.00
$3,166.67/mo

Valuation Metrics

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DSCR
10.3%
Cap Rate
10.3%
ROI

Map

Zoning

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M-1 IndustrialLight IndustrialLight Industrial
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Last updated Feb 13, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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