Colonial Inn goes under contract

Has Hillsborough’s Colonial Inn finally found a new owner?

The “Under Contract” sign currently posted above the For Sale sign along the historic property at 153 W. King Street in downtown Hillsborough says so.

So does Seagle & Associates, a real estate brokerage based in Fuquay-Varina that currently holds the Inn’s listing. A representative of the company confirmed Monday morning that the property is under contract.

An online search also confirmed the property is listed “pending” in the Triangle Multiple Listing Service, which handles real property listings in the region. Little else is known at the moment, at least publicly, about the individual or individuals who have gone under contract to purchase the nearly 200 year-old Inn.

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(The News of Orange 11/6/17)