Online Only Auction
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High Bid: Sealed
Time Remaining: 61d 5h 18m - Wednesday 06:32 AM
Soft Close
Shipping Not Available
Date(s)
1/8/2025 - 3/12/2025
AUCTIONEER INFORMATION
Bidding Notice:

Earnest Money Deposit of $20,000 is required on day of sale. Close on or before May 12th, 2025. Subject to seller confirmation and court approval. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on March 12th, 2025. Please note that during the last two minutes of bidding, if a new bid ... Show More


Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead Restaurant Building for Sale at Auction in Sumter
Description
This iconic Sumter, SC restaurant building is now available for sale at auction. On the interior of the +/- 4,100 square foot building you will find a fully operational kitchen with a drive-through window, ample seating area, men’s & women’s bathrooms, and a walk in freezer & refrigerator. Whether you are looking for a commercial building to open your own restaurant or are looking for an investment opportunity that has an established business in place, this property gives you options for a positive return on your investment! The +/- 0.80 acre corner lot location is well known within the community and is home to an established local favorite restaurant which presents an income producing investment opportunity. Located on a main road, the property has high traffic counts with mixed commercial and residential use properties surrounding it. Being able to attract families and service members from nearby Shaw Air Force Base is another added benefit of this property. The asphalt parking lot allows for more than enough comfortable parking for patrons at this location. Online Auction Ending Wednesday, March 12th, at 4 PM 460 Broad St., Sumter, SC 29150 SUBMITTING A BID: Registered bidders can place bids online through our website at UCGunterRealty.HiBid.com or by email to Lanny.Gunter@Gunter-Realty.com. PERSONAL PROPERTY: Bidders can choose for personal property to convey with real estate by checking box on bid certification. There is a list of personal property in bidder pack. DUE DILIGENCE: Bidders may elect for specific due diligence to be completed at bidder's expense within 30 days after the auction date. Due Diligence must be completed by April 12th, 2025. The Bid Certification Form includes a section for bidders to fill out regarding the due diligence. CONTACT: Auctioneer Lanny Gunter at 803-445-4377 or email Lanny.Gunter@gunter- realty.com. You can also contact Auctioneer & Realtor Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com DIRECTIONS: Follow I-20 E to Spears Creek Church Rd, Take Exit 82, Follow Screaming Eagle Rd to US-601 S, Follow US-601 S and US-378 to Broad St, Slight left to stay on Broad St, 460 Broad St will be on the Right BIDDER PACK: Download Bidder Pack for complete information on the property. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, restrictions etc. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well. PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2% of the winning bid is offered to a cooperating SC State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information. TERMS AND CONDITIONS: Earnest Money Deposit of $20,000 is required on day of sale. Close on or before May 12th, 2025. Subject to seller confirmation and court approval. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on March 12th, 2025. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps at Gunter-Auctions.com
Name Restaurant Building for Sale at Auction in Sumter, SC
Auctioneer
Type Online-Only Auction
Date(s) 1/8/2025 - 3/12/2025
Auction Date/Time Info
Ending Wednesday, March 12th, at 4 PM
Preview Date/Time Call listing agent to schedule a showing
Checkout Date/Time Immediatley following close of auction, sign purchase contract and pay earnest money deposit
Location
Buyer Premium 0% Buyers Premium Charged
Description
This iconic Sumter, SC restaurant building is now available for sale at auction. On the interior of the +/- 4,100 square foot building you will find a fully operational kitchen with a drive-through window, ample seating area, men’s & women’s bathrooms, and a walk in freezer & refrigerator. Whether you are looking for a commercial building to open your own restaurant or are looking for an investment opportunity that has an established business in place, this property gives you options for a positive return on your investment! The +/- 0.80 acre corner lot location is well known within the community and is home to an established local favorite restaurant which presents an income producing investment opportunity. Located on a main road, the property has high traffic counts with mixed commercial and residential use properties surrounding it. Being able to attract families and service members from nearby Shaw Air Force Base is another added benefit of this property. The asphalt parking lot allows for more than enough comfortable parking for patrons at this location. Online Auction Ending Wednesday, March 12th, at 4 PM 460 Broad St., Sumter, SC 29150 SUBMITTING A BID: Registered bidders can place bids online through our website at UCGunterRealty.HiBid.com or by email to Lanny.Gunter@Gunter-Realty.com. PERSONAL PROPERTY: Bidders can choose for personal property to convey with real estate by checking box on bid certification. There is a list of personal property in bidder pack. DUE DILIGENCE: Bidders may elect for specific due diligence to be completed at bidder's expense within 30 days after the auction date. Due Diligence must be completed by April 12th, 2025. The Bid Certification Form includes a section for bidders to fill out regarding the due diligence. CONTACT: Auctioneer Lanny Gunter at 803-445-4377 or email Lanny.Gunter@gunter- realty.com. You can also contact Auctioneer & Realtor Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com DIRECTIONS: Follow I-20 E to Spears Creek Church Rd, Take Exit 82, Follow Screaming Eagle Rd to US-601 S, Follow US-601 S and US-378 to Broad St, Slight left to stay on Broad St, 460 Broad St will be on the Right BIDDER PACK: Download Bidder Pack for complete information on the property. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, restrictions etc. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well. PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2% of the winning bid is offered to a cooperating SC State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information. TERMS AND CONDITIONS: Earnest Money Deposit of $20,000 is required on day of sale. Close on or before May 12th, 2025. Subject to seller confirmation and court approval. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on March 12th, 2025. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps at Gunter-Auctions.com
Earnest Money Deposit of $20,000 is required on day of sale. Close on or before May 12th, 2025. Subject to seller confirmation and court approval. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on March 12th, 2025. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps at Gunter-Auctions.com
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 0% Buyers Premium Charged
Payment Terms
$20,000 Earnest Money Deposit is due on day of sale. Closing in 60 days.
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