Improved at 118 Rainbow Lake Road, Boiling Springs SC 29316, Boiling Springs
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36 photos

$1,250,000

118 Rainbow Lake Road, Boiling Springs SC 29316
Boiling Springs, SC 29316
Listed by Mitzi Kirsch · Century 21 Blackwell & Co
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Property details

MLS #
1601818
Property type
Improved
Subdivision
N/A
Status
Active
Days on market
1
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.76 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Boiling Springs Elementary
0.77 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Excellent (2025)
Enrollment
853
Student:teacher ratio
14.7:1
District
Spartanburg 02
Middle
Boiling Springs Middle
1.69 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Good (2025)
Enrollment
952
Student:teacher ratio
14.9:1
District
Spartanburg 02
High
Boiling Springs High
0.62 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Excellent (2025)
Enrollment
2,590
Student:teacher ratio
18.5:1
District
Spartanburg 02

Walkability

Blended score for Boiling Springs's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

60
Somewhat walkable
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores6
Parks5
Schools7
Transit stops0
Pharmacies5

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,678/mo
$250,000 down
$1,000,000 loan
Principal & interest$6,486
Property tax (est.)$1,042
Home insurance (est.)$150

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Data source: Listing information provided by Greater Greenville MLS via Trestle/CoreLogic. Last updated August 25, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.