$1,050,000
7 Beds
7.5 Baths
6,510 SqFt
0.92 Acre Lot
40,075 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1907
Neighborhood Not In A Subdivision
Days on Website 105

Property Map

$1,050,000 – 507 E Second Street, Clayton, NC 27520

Street View

Courtesy of Commission Realty, LLC, Nazokat Srajitinouno Quick.

Description

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.

Property Details and Features

Property Access

  • Accessibility Features: “Accessible Approach with Ramp”
  • Road Surface Type: “Asphalt”, “Paved”

Appliances & Equipment

  • Appliances: “Disposal”, “Electric Oven”, “Electric Range”, “Microwave”, “Plumbed For Ice Maker”, “Refrigerator”, “Washer/Dryer”

Bathrooms

  • 7 full bathrooms
  • 1 half bathroom
  • 7.5 total bathrooms
  • 8 total bathrooms

Bedrooms

  • 7 bedrooms

Building

  • Building Area Total: 6510
  • Building Area Units: Square Feet
  • Construction Materials: “Brick Veneer”, “Frame”
  • Living Area Units: Square Feet
  • Living Area: 6510
  • Year Built: 1907

Community

  • Community Features: Historical Area, Park, Restaurant

Cooling

  • Cooling: “Ceiling Fan(s)”, “Central Air”, “Heat Pump”, “Wall Unit(s)”
  • Cooling Included

Doors

  • Features: “Storm Door(s)”

Exterior Features

  • Exterior Features: “Lighting”, “Private Entrance”, “Smart Lock(s)”, “Storage”
  • Patio And Porch Features: “Covered”, “Front Porch”, “Porch”, “Side Porch”, “Wrap Around”

Fence

  • Fencing: “None”

Floors

  • Flooring: “Carpet”, “Tile”, “Wood”

Foundation

  • Foundation Details: “Block”, “Brick/Mortar”

Heating

  • Heating: “Baseboard”, “Heat Pump”
  • Heating Included

Interior Features

  • Interior Features: “Ceiling Fan(s)”, “Double Vanity”, “Granite Counters”, “High Ceilings”, “Kitchen Island”, “Pantry”, “Walk-In Shower”

Laundry

  • Features: “Upper Level”

Listing

  • Days On Market: 120

Location

  • Subdivision Name: Not in a Subdivision

Lot

  • Lot Features: “Corner Lot”
  • Lot Size Acres: 0.92
  • Lot Size Area: 40075.2
  • Lot Size Square Feet: 40075.2
  • Lot Size Units: Square Feet
  • Parcel Number: 166917109917

Parking

  • Parking Features: Asphalt, Circular Driveway, No Garage, On Site, Parking Lot, Paved
  • Open Parking

Pool

  • Pool Features: “None”

Property

  • Property Sub Type: Single Family Residence

Roof

  • Roof: “Shingle”

Schools

  • High School: Johnston – Clayton
  • Middle Or Junior School: Johnston – Riverwood
  • Elementary School: Johnston – Cooper Academy

Sewer

  • Sewer: “Public Sewer”

Spa

  • Spa Features: “None”

Taxes

  • Tax Annual Amount: 7959

Utilities

  • Utilities: “Cable Connected”, “Electricity Available”, “Sewer Connected”, “Water Available”
  • Water Source: “Public”

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