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$1,050,000
128 Days Online

507 E Second Street
Clayton, NC 27520

For Sale|Single Family Residence|Pending
7
Beds
7
Full Baths
1
Partial Bath
6,510
SqFt
$161
/SqFt
1907
Built
Subdivision:
Not in a Subdivision
County:
Johnston
Call Now: 919-614-2538
Is this the home for you? We can help make it yours.
919-614-2538
507 E Second Street507 E Second Street507 E Second Street507 E Second Street
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Back on the market due to Town of Clayton's denial of the buyer's proposed use. Guest kitchen floor has been updated. The sellers will be addressing most of the issues identified in the inspection report. Nestled in the 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! 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.

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Listing Snapshot
Price 
$1,050,000
Days Online 
128 Days
Bedrooms 
7
Inside Area (SqFt) 
6,510 sqft
Total Baths 
8
Full Baths 
7
Partial Baths 
1
Lot Size 
0.92 Acres
Year Built 
1907
MLS® Number 
10034375
Status 
Pending
Property Tax 
$7,959
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Pending
2 months agoPrice changed to $1,050,000
4 months agoListing first seen online
5 months agoListing updated with changes from the MLS®
General Features
Acres 
0.92
Foundation 
BlockBrick/Mortar
Number Of Stories 
2
Parking 
PavedAsphaltCircular DrivewayNo GarageOn SiteParking Lot
Parking Spaces 
8
Property Sub Type 
Single Family Residence
Security 
Security System
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
6510
SqFt Total 
6510
Stories 
Two
Style 
Victorian
Utilities 
Cable AvailableCable ConnectedElectricity AvailableSewer ConnectedWater Available
Water Source 
Public
Interior Features
Appliances 
DisposalElectric OvenElectric RangeMicrowavePlumbed For Ice MakerRefrigeratorWasher/Dryer
Cooling 
Ceiling Fan(s)Central AirHeat PumpWall Unit(s)
Flooring 
CarpetTileWood
Heating 
Heat PumpBaseboard
Interior 
Ceiling Fan(s)Double VanityGranite CountersHigh CeilingsKitchen IslandPantry
Laundry Features 
Upper Level
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Exterior Features
Construction Details 
Brick VeneerFrame
Exterior 
LightingPrivate EntranceStorage
Fencing 
None
Lot Features 
Corner Lot
Patio And Porch 
CoveredFront PorchPorchSide PorchWrap Around
Pool Features 
None
Roof 
Shingle
Spa Features 
None
Windows/Doors 
Storm Door(s)
Community Features
Accessibility Features 
Accessible Approach with Ramp
Community Features 
ParkRestaurant
Financing Terms Available 
CashConventionalUSDA LoanTrust ConveyanceSubmitPrivate Financing Available1031 Exchange
Roads 
AsphaltPaved
Schools
School District
Unknown
Elementary School
Johnston - Cooper Academy
Middle School
Johnston - Riverwood
High School
Johnston - Clayton
Listing courtesy of Nazokat Srajitinouno Quick of Commission Realty, LLC



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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