118 Rainbow Lake Rd - Auto Dealership FOR SALE


Boiling Springs, SC 29316
$1,250,000 USD
864-591-2121
118 Rainbow Lake Rd, Boiling Springs, SC for Sale
$1,250,000 USD
Auto Dealership - FOR SALE
1/35
null | Request Cap Rate

118 Rainbow Lake Rd
Boiling Springs, SC 29316


HIGHLIGHTS

  • Established commercial property currently operating as an auto sales facility.
  • Located within the growing Boiling Springs market of Spartanburg County.
  • Convenient access to surrounding residential and commercial development.

OVERVIEW

118 Rainbow Lake Road presents an opportunity to acquire an established commercial property in the growing Boiling Springs market of Spartanburg County. Currently operating as Drake Auto Sales, the property offers a flexible commercial layout that can support automotive sales, owner-user operations, service-oriented businesses, or a variety of commercial uses. Situated on approximately 0.76 acres, the site benefits from visibility along Rainbow Lake Road and convenient access to the area's expanding residential and commercial base. The building was constructed in 2018 and features a front office configuration designed for customer interaction and day-to-day business operations. Interior improvements include luxury vinyl plank flooring, multiple private offices, reception areas, a kitchen, and separate public restrooms. The site configuration provides functionality for vehicle display, customer parking, and outdoor business operations associated with automotive or other commercial uses. Boiling Springs continues to experience residential growth and commercial expansion, creating demand for businesses seeking access to the broader Spartanburg market. The property's location offers connectivity to major retail corridors, employment centers, and regional transportation routes throughout the Upstate South Carolina region. For investors, the asset provides a well-maintained commercial property in an established trade area. For owner-users, the existing improvements allow for immediate occupancy with flexibility for future adaptation based on operational needs.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$1,184 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Drakes Auto Sales

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

GC

APN/PARCEL ID

2-44-01-018.01

ASK ABOUT THIS PROPERTY

Mitzi KirschCentury 21 Blackwell & Co. ReaMore Info
864-591-2121

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Mitzi KirschCentury 21 Blackwell & Co. ReaMore Info
864-591-2121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.