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Mixed-Use Property with Garage

118 Rainbow Lake Road, Boiling Springs, SC 29316

For Sale
New
$1,250,000

A six-office layout and two-bay garage support the property’s current car-lot operation and other commercial configurations.

Property Size1,073 SF
Lot Size0.76 Acres
Price / SF$1,164
Days on Market3

Property Features for 118 Rainbow Lake Road

General Information

Standard status Active
Size 1,073 SF
Lot size 0.76 Acres

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes

Additional Details

Automotive Uses dealership/vehicle sales, auto repair
Property Use Car Lot

Taxes and HOA fees

Annual Taxes $10,861

Amenities

LVP flooring
private offices
reception areas
kitchen
restrooms
public parking
two-bay garage
Concrete Slab/Grade
Yes
No
Square Feet
Public
33105.6
77 x 298 x 151 x 146
0.76
Unassigned
Paved
County Road
1073

Building Details

Building Size 1,073 SF
Year Built 2018
Listing Agency: Century 21 Blackwell & Co.
Listed By: Mitzi Kirsch · License SC #16500
Source: Thepropertybarllc
Added: Nov 11 Changed: Nov 13 Last Checked: Nov 13 at 6:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Blackwell & Co.

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Investment Insights

Based on property information with market context.

Built in 2018 on 0.76 acres, this mixed-use property includes a 1,073-square-foot front office and a two-bay garage. The office has six private offices, reception areas, a kitchen, and separate public restrooms. LVP flooring runs throughout the office space, and paved public parking is available. The property is currently operating as a car lot, with a layout that also accommodates office or automotive service use.

Located at 118 Rainbow Lake Road in Boiling Springs, South Carolina, the property fronts a county road. The site measures 77 x 298 x 151 x 146 feet.

Key Highlights

  • Built in 2018 on approximately 0.76 acres
  • 1,073‑square‑foot front office with six private offices and reception areas
  • Two‑bay garage and paved public parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Kitchen & Bath Showroom Skin Care Clinic Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby
596k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Superstores 32% Shops & Services 17% Home Improvements & Furnishings 8%
Walmart Superstores
105,866 visits/mo 0.3 miles
Target Superstores
83,687 visits/mo 0.3 miles
Chick-fil-A Dining
40,882 visits/mo 0.0 miles
Lowe's Home Improvements & Furnishings
39,562 visits/mo 0.3 miles
QuikTrip Shops & Services
29,424 visits/mo 0.3 miles

Demographics for 29316, SC

29,459
Population
12,202
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
93%
High-School Grad
21.8 sq mi
ZIP Area
1,351
Density / Sq Mi
$75,808
Median Household Income
$44,015
Median Earnings
$1,133
Median Rent
$227,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Spartanburg County, SC

$418 Jul
$271 Aug
$294 Sep
$229 Oct

Properties on Market for Mixed-use properties in Spartanburg County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A six-office layout and two-bay garage support the property’s current car-lot operation and other commercial configurations.
Where is this mixed-use property located?
The property is located at 118 Rainbow Lake Road Boiling Springs, SC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Built in 2018 on approximately 0.76 acres; 1,073‑square‑foot front office with six private offices and reception areas; Two‑bay garage and paved public parking
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