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Commercial
4,180 ft2
1.13 ac
Spartanburg County
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Opening Bid $150,000
This seller will entertain pre-auction offers. Offers will require a signed contract and earnest money down payment
Auction Starts Jul 21
Current Bid $150,000
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Property Details
Living Space
4,180 sq ft
Lot Size
1.13 ac
Year Built
1979
Property Type
Commercial
Sub Type
Office/Retail
Product Type
Private Sellers
Property ID
400888
Description
4,180+/-sf former bank building built on 1.13+/-ac in 1979. Currently zoned 'GBD (General Business District)' with 38+/- parking spaces, 225' of frontage on S main St, and easy access to Hwy 176.
 
Due Diligence is available, fill out the CNRA here to request info.

Open Public Inspections: 11-2pm Fri July 11 & 18

Property Disclosures
  • Due diligence materials (environmental, survey, title, contract, etc.) available under cover of CNRA.
  • See "Closing Costs" paragraph of the Contract for additional closing costs associated with this property.
  • Buyer acknowledges that Bank of America employees and their spouse, domestic partners, dependent children and business entities in which an employee has an interest are prohibited from purchasing the properties.
  • No Buyer Broker compensation will be offered.
  • DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, all available due diligence materials, and the Auction Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.
  • All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.
  • Escrow. Buyer acknowledges receipt of the Joint Escrow Instructions that modifies the Contract for Sale to provide for a designated Escrow Agent to hold down payment funds. Buyer and Seller agree that the Escrow funds may be held in a trust/escrow account located outside of the state where the Property is located.
  • Property Tax Disclosure Summary: Buyer Should Not Rely On The Seller's Current Property Taxes As The Amount Of Property Taxes That The Buyer May Be Obligated To Pay In The Year Subsequent To The Purchase. A Change Of Ownership Or Property Improvements Triggers Reassessments Of The Property That Could Result In Higher Property Taxes. If You Have Any Questions Concerning Valuation, Contact Property Appraiser's Office For Information.
  • Square Footage/Acreage Disclosure. The source of the square footage or acreage represented for the property is from public record. Buyer understands and acknowledges that square footage or acreage measurements of a property can vary from a few feet to several hundred feet regardless of source (County Assessor's records, appraisal or appraisal measurement report, survey, etc.). Buyer shall be solely responsible for satisfying that the size and/or square footage or acreage of the property is acceptable to the Buyer.
  • Personal Property Not Included. Only title to the real estate is being conveyed. Personal property may be present, but is not included in the auction. Removal of personal property remaining on site at the time of closing is the responsibility of the Buyer.
  • Zone, Code, and Use Disclosure. Buyer acknowledges that the Property shall be purchased "AS-IS, WHEREIS, WITH ALL FAULTS." The Property may be subject to city, village, and/or county code or zoning violations, and Buyer accepts the property subject to any such violations. Buyer agrees to conduct an independent search of all property records in the city, county, and/or village prior to bidding and has bid accordingly. Buyer shall be responsible for any and all required remediation of the property, if any. Buyer shall not rely on any information provided by the Seller or Williams & Williams regarding the status of any code or zoning violations, and shall base its decisions on its independent inspection. Buyer also acknowledges that the property may be subject to city, village, and/or county occupancy regulations and requirements which may impact the current and/or future use of the properties. Buyer acknowledges that the seller and Williams & Williams make no warranties of any nature, express or implied, as to the permitted uses of the property, and any prohibition of buyer's intended use of the property shall not be a grounds for terminating the contract.
  • Pictures may not reflect specific parcel, entire parcel, or current conditions of any structures that are present.
Legal Description

The land referred to herein below is situated in the County of Spartanburg, State of SC, and is described as follows: ALL THAT CERTAIN PIECE, PARCEL OR LOT OF LAND SITUATE, LYING AND BEING IN THE COUNTY OF SPARTANBURG, STATE OF SOUTH CAROLINA, CONTAINING 0.238 ACRE AS SHOWN ON THAT PLAT OF SURVEY PREPARED FOR NATIONSBANK BY FANT ENGINEERING & SURVEYING CO., INC., DATED AUGUST 10, 1993, AND BEING MORE FULLY DESCRIBED ACCORDING TO SAID PLAT AS FOLLOWS: BEGINNING AT AN IRON PIN ON THE EASTERN EDGE OF S.C. HIGHWAY NO. 292 AND RUNNING THENCE ALONG THE EASTERN EDGE OF SAID HIGHWAY NORTH 22-05-55 EAST 60.08 FEET TO AN IRON PIN THENCE TURNING AND RUNNING SOUTH 77-44-00 EAST 175.18 FEET TO AN IRON PIN; THENCE TURNING AND RUNNING SOUTH 22-05-55 WEST 60.08 FEET TO AN IRON PIN; THENCE TURNING AND RUNNING NORTH 77-44-00 WEST 175.18 FEET TO AN IRON PIN BEING THE PLACE AND POINT OF BEGINNING.

AND 

ALL THAT CERTAIN PIECE, PARCEL, OR LOT OF LAND WITH ALL IMPROVEMENTS THEREON, SITUATE, LYING AND
BEING IN THE STATE OF SOUTH CAROLINA, COUNTY OF SPARTANBURG, NEAR THE CORPORATE LIMITS OF THE TOWN OF INMAN, FRONTING 194 FEET ON S. C. HIGHWAY 292 (LYMAN ROAD) KNOWN AND DESIGNATED AS LOT NO. 1, SHOWN UPON SURVEY FOR HAMMETT-WILKINS DATED OCTOBER 13, 1978 PREPARED BY WOLFE AND HUSKEY, INC., ENGINEERING AND SURVEYING, AND RECORDED IN PLAT BOOK 82 AT PAGE 221 IN THE RMC OFFICE FOR SPARTANBURG COUNTY. FOR A MORE COMPLETE AND PARTICULAR DESCRIPTION REFERENCE IS HEREBY MADE TO THE ABOVE REFERRED TO PLAT AND RECORD THEREOF.

LESS AND EXCEPT ANY PROPERTY CONVEYED TO OR TAKEN BY THE SOUTH CAROLINA DEPARTMENT OF TRANSPORTATION OR SIMILIAR GOVERNMENT ENTITY FOR THE PURPOSE OF ROAD WIDENING.

Licensing
SC Williams & Williams, Lic. No. 17511; Jerry E. King, Lic. No. 16383. Auc. License AUC675
Quick Terms
  • "As-Is, Where-is", no contingencies to sale
  • Close within 30 days of seller acceptance
  • 5% Buyer's Premium ($0 minimum)
  • 10% Down Payment ($5000 minimum)
  • Technology Fee: $299
  • View full Terms of Sale
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