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$1,250,000
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Property Description
Prime commercial opportunity at 118 Rainbow Lake Road in Boiling Springs, offering excellent visibility along a high-traffic area and a flexible layout suitable for a variety of business uses. Currently operating as a car lot, this well-maintained property was built in 2018 and sits on approximately 0.76 acres. The spacious front office features LVP flooring throughout and includes six private offices, reception areas, a kitchen, and separate public his and her restrooms. Additional features include public parking and a two-bay garage, making the property well suited for continued automotive use, an auto mechanic or service business, office space, or a combination of uses. With a functional layout, ample parking, garage space, and a highly visible location, this property offers an excellent opportunity for an owner-user or investor looking for a versatile commercial property in a growing Boiling Springs area.
Full Property Details
Full Property Details for 118 Rainbow Lake Rd
General
- Price: $1,250,000
- Taxes: $10,861
- Status: Active
- Type: Office
- Source: 2257
- MLS ID: 1601818
- Updated: 8/25/2026
- Added to Site: 48 day(s) ago
Business
- Business Type: Gas Station, Professional/Office, Retail
Rental Information
- Lease Info: None
- Rent Includes: None
Interior
- Flooring: Concrete Slab/Grade
Additional Information
- Other Features: Reception Area
Parking
- Parking Features: Unassigned
Location
- Area: 15
- County: Spartanburg
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Office Air, Electric
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Metal Siding, Frame
- Roof: Other
- Square Feet: 1,073
- Property Condition: 6-10
Lot Features
- Lot Size (Acres): 0.76
- Lot Size (Sq. Ft.): 33,105.6
- Lot Dimensions: 77 x 298 x 151 x 146
- Frontage: County Road
- Street/Road Desc.: Paved
- Topography: Level
Financial Considerations
- Tax Amount: $10,861
- Terms: None
Disclosures and Reports
- Documents Avail.: Aerial Photo
- Property ID: 24401018.01
Listed by Century 21 Blackwell & Co
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Schools
Schools serving 118 Rainbow Lake Rd
School District:Spartanburg School District 2
| Name | Grades | Distance |
|---|---|---|
Boiling Springs Elementary School, Boiling Springs, SC 700 Double Bridge Road, Boiling Springs, SC 29316 | PK-5 | 0.9 mi |
Rainbow Lake Middle School 1951 Riveroak Road, Chesnee, SC 29323 | 6-8 | 3.3 mi |
Boiling Springs High School 2251 Old Furnace Road, Boiling Springs, SC 29316 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Rainbow Lake Rd
Date
Details
Price
Change
Source
8/25/2026
Listed
$1,250,000
614.29%
MLS
10/31/2017
Sold
$175,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 Rainbow Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,545
1%
$29,508
—
2024
$10,473
—
$29,508
—
2023
$10,438
8%
$29,508
13%
2022
$9,649
—
$26,040
—
2021
$9,642
—
$26,040
148%
2021
$9,642
147%
$10,500
-94%
2019
$3,903
3%
$175,000
—
2018
$3,798
160%
$175,000
161%
2017
$1,459
—
$67,103
3%
2016
$1,464
1%
$65,406
—
2014
$1,448
17%
$65,406
1782%
2013
$1,234
—
$3,476
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 Rainbow Lake Rd
118 Rainbow Lake Road, Boiling Springs, SC 29316 (MLS# 1601818) is a Office property with 0 bedrooms and 0 full bathrooms. 118 Rainbow Lake Road is currently listed for $1,250,000 and was received on August 25, 2026. Want to learn more about 118 Rainbow Lake Road? Do you have questions about finding other Office real estate for sale in Boiling Springs? You can browse all Boiling Springs real estate or contact a Coldwell Banker agent to request more information.
