507 E Second St, Clayton, NC 27520

$1,000,000
7
BD
8
BA
6,510
SqFt

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Seller Representative Commission Realty, LLC

Buyer Representative

Sold Price
$1,000,000
List Price
$1,050,000
Closing Date
Nov 15, 2024
Status
CLOSED
MLS#
10034375
Bedrooms
7
Bathrooms
8
Full-baths
7
Half-baths
1
Living Area
6,510
Lot Size
40,075
Subdivision
Not In A Subdivision
Year Built
1907
Acres
0.92

Property 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.

Additional Information

Style
Victorian
Foundation
Block, Brick/Mortar
Interior Features
Ceiling Fans, Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Pantry, Walk-In Shower
Accessibility Features
Accessible Approach with Ramp
Exterior Features
Lighting, Private Entrance, Smart Lock(s), Storage
Elementary School
Johnston - Cooper Academy
Middle School
Johnston - Riverwood
High School
Johnston - Clayton
Utilities
Cable Available, Electricity Available, Sewer Connected, Water Available
Water
Public
Flooring
Carpet, Tile, Wood
Roof
Shingle
Heating
Baseboard, Heat Pump
Vegetation
Partially Wooded

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .