Sold

Closed

507 E Second Street

Clayton NC, 27520

$1,000,000


$153.61 per sqft

Sold

Closed

6,510 sqft

Commercial

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. Guest kitchen floor has been updated. Sellers will be addressing most of the issues identified in the inspection report.
Situated in the vibrant downtown of Clayton, McWade's Inn presents a unique investment opportunity. If you are seeking a home for yourself and manage your investment property on the side, look no further! Don't miss your chance to own a piece of history - schedule a viewing today!
Property Features: Six Spacious Guest Rooms: Each of our six guest rooms exudes luxury and comfort, providing a serene retreat for visitors. Guests will enjoy the convenience of ensuite bathrooms and individual climate-controlled units upstairs, ensuring a restful night's sleep in any season. Full Kitchen for Guests: Our fully equipped kitchen is at the disposal of our guests, allowing them to prepare their own meals or snacks at their leisure. Whether whipping up a hearty breakfast or indulging in a late-night treat, our kitchen provides all the tools needed for culinary creativity.
Parlor Room: The parlor room serves as a cozy gathering space where guests can relax and socialize.
Game Room: For those seeking entertainment, our game room offers a variety of options for amusement. From board games to card tables, there's something to suit every taste and preference.
Dining Room: Our elegant dining room sets the stage for memorable dining experiences.

Located in a thriving community, the 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, with 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. Don't miss this chance to own a piece of Clayton's history and a profitable venture in the hospitality industry.
Zoned OFI, Office Institutional, allowing for Residential and Commercial
use.
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.

10024973

MLS ID

April 11, 2024

Listed

December 1, 2024

Updated

Map

507 E Second Street
Clayton NC, 27520

Interior Features

Total Stories

2


Interior Features

Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, Entrance Foyer, Granite Counters, In-Law Floorplan, Pantry


Appliances

Bar Fridge, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer


Laundry Description

Upper Level


Floor Description

Carpet, Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall Unit(s)


Heating

Yes


Heating Description

Baseboard, Heat Pump

Exterior/Building Features

Lot Size

0.92 Acres


Exterior Features

Lighting, Private Entrance, Storage


Lot Features

Corner Lot


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$7,959


Tax Frequency

Annually


Days on Market

129


Garage

No


View

No


County

Johnston


Pool

No


Zoning

OFI

Listing History

Date

Event

Price

11/16/2024

Sold

$1,000,000

9/26/2024

Pending

8/30/2024

Price change

$1,050,000

-5%

8/19/2024

Active

7/18/2024

Pending

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Bought with Nazokat Srajitinouno Quick, Commission Realty, LLC and Listed by Nazokat Srajitinouno Quick, Commission Realty, LLC

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Data last updated 1:17 AM UTC, 12/1/2024

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