$1,100,000
Active
18 Days Online
7 Beds8 Baths6,510 SQFT
Active

507 E Second Street Clayton, NC 27520

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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.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyJohnston
  • Taxes$7,959
  • HOA/Condo/Coop Fees$0
  • Days on Site17 Days
  • MLS StatusActive
  • MLS ID Number10034375
  • Home Size Source Other
  • Year Built1907
  • Lot Size0.92 Acres
  • Full Baths7
  • Partial Baths1

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General Features

  • Style Victorian
  • Construction Brick VeneerFrame
  • Parking AsphaltCircular DrivewayNo GarageOn SiteParking LotPaved
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.92
  • Water Public
  • Accessibility Features Accessible Approach with Ramp
  • Property Sub Type Single Family Residence
  • Attached Garage No
  • Utilities Cable ConnectedElectricity AvailableSewer ConnectedWater Available
  • Foundation BlockBrick/ Mortar
  • Listing Conditions Standard

Interior Features

  • Cooling Ceiling Fan(s)Central AirHeat PumpWall Unit(s)
  • Heating BaseboardHeat Pump
  • Appliances DisposalElectric OvenElectric RangeMicrowavePlumbed For Ice MakerRefrigeratorWasher/ Dryer
  • Flooring CarpetTileWood
  • Interior Ceiling Fan(s)Double VanityGranite CountersHigh CeilingsKitchen IslandPantryWalk-In Shower
  • Laundry Features Upper Level

Exterior Features

  • Roof Shingle
  • Fencing None
  • Spa No
  • Pool Features None
  • Spa Features None
  • Waterfront Property No
  • Exterior LightingPrivate EntranceSmart Lock(s)Storage
  • Patio And Porch CoveredFront PorchPorchSide PorchWrap Around

Community Features

  • Community Features Historical AreaParkRestaurant

Schools

School District
Unknown
Elementary School
Johnston - Cooper Academy
Middle School
Johnston - Riverwood
High School
Johnston - Clayton

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Monthly Payment (Est.)

$5,778
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