Active
507 E Second Street
Clayton NC, 27520
$1,050,000
$161.29 per sqft
Active
7 Beds
8 Baths
6,510 sqft
Residential
Built in 1907
Listing courtesy of Commission Realty, LLC
Back on the market due to Town of Clayton's denial of the buyer's proposed use.
Nestled in the vibrant downtown of Clayton, McWade's Inn presents a compelling investment opportunity. Whether you seek a home for yourself with the added benefit of managing an investment property, this is an opportunity not to be missed. Don't let this chance slip away - schedule a viewing today and immerse yourself in the timeless allure of Clayton living.
Discover the following property features:
- Six Spacious Guest Rooms: Each guest room exudes luxury and comfort, providing a serene retreat for visitors. Ensuite bathrooms and individual climate-controlled units upstairs ensure a restful night's sleep in any season.
- Full Kitchen for Guests: Our fully equipped kitchen allows guests to prepare their own meals or snacks at their leisure, fostering culinary creativity and independence.
- Parlor Room: A cozy gathering space where guests can relax and socialize.
- Game Room: Offers a variety of options for amusement, from board games to card tables, catering to diverse tastes and preferences.
- Dining Room: Sets the stage for memorable dining experiences.
- Owner's Suite: Enjoy a private, comfortable living space, including a kitchen, living room, spacious bathroom, and cozy bedroom. It has its own entryway.
Located in a thriving community, McWade's Inn benefits from its proximity to local attractions and events, driving a steady stream of guests year-round. The potential for growth and expansion is significant, offering opportunities to increase revenue through additional services or events. Investing in McWade's Inn means not just acquiring a property, but becoming a part of a rich local tradition and a thriving business.
Zoning Information:
Zoned Office Institutional (OFI). The property is currently being used as a Bed & Breakfast business. Despite the zoning change, new buyers/owners can maintain the old zoning by establishing B&B within 6 months from the settlement date, provided that the owners reside in the same dwelling. For additional details, please refer to the planning department of town of Clayton. The property is also listed as Commercial, MLS# 10024973.
Special Offer for Investors:
- For investors interested in establishing a Bed & Breakfast, the sellers are providing complimentary assistance, including training on business management and three months of initial business support.
Inclusions:
- Appliances and most furniture will convey.
This is your chance to own a piece of Clayton's history and a profitable venture in the hospitality industry.
10034375
MLSⓇ ID
April 11, 2024
Listed
September 1, 2024
Updated
Map
507 E Second Street
Clayton NC, 27520
Interior Features
Total Stories
2
Bedrooms
7
Total Bathrooms
8
Full Bathrooms
7
Half Bathrooms
1
Interior Features
Ceiling Fan(s), Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Pantry, Walk-In Shower
Appliances
Disposal, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Washer/Dryer
Laundry Description
Upper Level
Floor Description
Carpet, Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air, Heat Pump, Wall Unit(s)
Heating
Yes
Heating Description
Baseboard, Heat Pump
Exterior/Building Features
Lot Size
0.92 Acres
Exterior Features
Lighting, Private Entrance, Smart Lock(s), Storage
Lot Features
Corner Lot
Architectual Style
Victorian
Roof
Shingle
Sewer
Public Sewer
School Information
High School
Johnston - Clayton
Elementary School
Johnston - Cooper Academy
Other Property Details
Taxes
$7,959
Tax Frequency
Annually
Days on Market
103
Garage
No
Parking
Asphalt, Circular Driveway, No Garage, On Site, Parking Lot, Paved
View
No
County
Johnston
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
8/30/2024 | Price change | $1,050,000 -5% |
8/19/2024 | Active | — |
7/18/2024 | Pending | — |
Listed by Nazokat S Quick, , Commission Realty, LLC.
Based on information from Triangle MLS, Inc. as of 9/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify y any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
©2024 Triangle MLS, Inc. of North Carolina. All rights reserved.
Data last updated 4:17 PM UTC, 9/1/2024