Rainbow Motel / Augusta MSA
Redevelopment Opportunity - Augusta MSA
Marketing description
SC Auctioneer: Stephen Dawson, SC AUC 4909 AU.
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HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 22-room Rainbow Motel (“Hotel” or “Property”), situated at 4466 Jefferson Davis Hwy, Clearwater, SC 29822. The Property presents a compelling opportunity for an investor or developer to create a modern commercial project on a generously sized 1.84-acre site. Its prominent location along Jefferson Davis Highway provides high visibility and strong daily traffic, while offering direct access to both North Augusta and Augusta, capturing demand from residents, commuters, and visitors across the region. The site’s size and layout provide flexible redevelopment potential for a variety of commercial concepts, including retail, service, or mixed-use projects.
Non-Contingent
Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
$10,000 Participation Deposit
Close of Escrow: 6/9/2026
4466 Jefferson Davis Hwy, Clearwater, SC 29841
Investment highlights
SC Auctioneer: Stephen Dawson, SC AUC 4909 AU.
Redevelopment Opportunity: The Property’s large 1.84-acre site allows a new owner plenty of room to plan and build something that fits the current demand. Its generous size allows a future owner to tailor the site for retail, service, or another commercial use. With strong visibility along a busy highway, the size of the property makes it easier to create a modern development that can attract steady traffic and support future growth.
2 Strategic Location with Highway Visibility: The Property is positioned along Jefferson Davis Highway, a well-traveled route that runs from Swifton, Arkansas, to Charleston, South Carolina. The Property is highly visible from the highway, allowing great exposure to travelers in the Augusta area. This exposure helps future businesses stand out and attract consistent customer traffic.
3 Cost-Effective Entry Point: The property offers a cost-effective entry point for investors looking to create value through redevelopment. Its modest assessed value and older improvements allow a new owner to redirect capital toward upgrades, rebranding, or ground-up construction rather than paying a premium for newer facilities. This pricing profile makes it an appealing option for buyers seeking a value-add project with room to improve the site.
Fee Simple Interest: The Property will be offered as fee simple
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