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322 W Tonhawa St
Norman, OK 73069 Outer Norman

$999,500 USD

Hospitality For Sale  •  5,519 SF

Property Details

  • Property Type Hospitality
  • Total Building Size 5,519 SF
  • Lot Size 0.5 AC
  • Building Class B
  • Year Built 1994
  • Zoning CO
0 Transit Score
83 Walk Score

Description

A rare opportunity to own an established, purpose-built hospitality business with solid financial history and growth potential. Located in central downtown Norman, this 10 guest room landmark property incorporates nostalgic design with modern amenities that attract today’s leisure, business and university traveler looking for a unique experience.

At just over half an acre located on a tree lined street, the property includes the main Inn with its indoor and outdoor gathering spaces, and guest parking. There are a total of 10 guest rooms and suites.

Ample parking and outdoor guest space create a getaway in the midst of the action. Guests can walk to the beautiful bustling University of Oklahoma campus and lively college sports scene and enjoy Central Norman’s thriving and rapidly growing area – Downtown Merchants and Restaurants, Entertainment, Rail District, Norman’s Central Library, Andrew’s Park and a vibrant business community.

This is a family built, owned and operated business. One owner since its creation 30+ years ago. The opportunity for business growth is evident at every turn. Norman is a large vibrant university town minutes from Oklahoma City with many ways to leverage the real property and the hospitality business.

The owners home is also available for sale for $550,000. It is located across the tree lined street from the Inn. This is a lovely modern 2,229 square foot home.

Highlights

Close to University of Oklahoma Campus and downtown

Property Flyers

Amenities

  • High Speed Internet Access
  • Patio
  • Bed & Breakfast
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
2 min 10 min 0.5 mi
AirportDriveWalkDistance
Will Rogers World 32 min - 20.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Marco DiDomizio 646-831-1976 Inn Advisors
Marco DiDomizio 646-831-1976 Inn Advisors