Restaurant Building for Sale at Auction in Sumter, SC
List price may not reflect final sales price. List price is starting bid and non-reflective of value. 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. Sealed Bid Auction Ends Wednesday, March 12th, at 4 PM. 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. BIDDER PACK: Download Bidder Pack for complete information on the property. 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.
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