Address
507 E Second Street, Clayton, NC
Price
$ 1,100,000
Property Attributes
  • MLS#10024973
  • TypeCommercial
  • CountyJOHNSTON
  • CityClayton
  • AreaJohnston
  • Zip27520
  • StyleBusiness
  • Year Built1907
  • Taxes$ 7959
  • Price$ 1,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.92 Acres
Data Source:
Triangle MLS (TMLS)
Property Description

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 and experience the timeless allure of Clayton living. 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.

Price History
4/24/2024 Listed $1,100,000

General Features

Interior Features Coffered Ceiling(s),Crown Molding,Eat-in Kitchen,Entrance Foyer,Granite Counters,In-Law Floorplan,Pantry
Sewer Public Sewer
Heating Baseboard,Heat Pump
Cooling Central Air,Wall Unit(s)
Roof Shingle
Appliances Bar Fridge,Electric Range,Microwave,Refrigerator,Stainless Steel Appliance(s),Washer/Dryer
Exterior Features Lighting,Private Entrance,Storage
Zoning OFI
Construction Materials Aluminum Siding,Wood Siding
Year Built 1907
Property SubType Business
Business Type Accounting,Administrative and Support,Bed & Breakfast,Commercial,Computer,Financial,Fitness,Office Supply,Photographer,Residential,Restaurant,Utility
Accessibility Customized Wheelchair Accessible
County Johnston
New Construction No
Property Type Commercial Sale
HOA / Comm Assn No
Attached Garage No
Possible Use Commercial,Office,Residential
Garage Y/N No
Status Active
Directions From Bus 70,Turn Left onto Main St. Turn Left onto E Second St. The McWade's Inn is on your Left.
ModificationTimestamp 2024-05-07T07:01:54.000Z
City Clayton
Buyer Agent Compensation 2.00
View Y/N No
Senior Community Y/N No
Lot Size Square Feet 40075.2
Waterfront Y/N No
Carport Y/N No
Street Name Second
Property Attached Y/N No
Tax Annual Amount 7959
Lease Considered Y/N No
Days on Market 26
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Basement Crawl Space
Flooring Carpet,Tile,Wood
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Laundry Features Upper Level
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet

Exterior Features

Lot Features Corner Lot
Lot Size Area 40075.2
Foundation Details Brick/Mortar
Spa No
Building Area Total 6510
Lot Dimensions 186 x 213 x 179 x 202
Lot Size Acres 0.92
Road Surface Type Asphalt,Paved
Lot Size Units Square Feet
Open Parking Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 27520

Price
AVG $280K
$1.1M
Taxes
AVG $4,209
$7,959
Visits
AVG 111
23
Data Provided by Inside Real Estate®
Year Built
AVG 1949
1907