322 W. Tonhawa
- Reach out for more information on this rare opportunity to own a part of Norman and capitalize on its growth potential and future prospects. Choose to recognize the power of a place with a deep belief in Community, culture, and nostalgia.
Property Description
A rare opportunity to own an established, purpose-built hospitality business. 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 travelers looking for a unique experience. At just over half an acre on a tree-lined street, the property includes the main Inn with its indoor and outdoor gathering spaces and guest parking. There are 10 guest room suites; also available for sale is a lovely modern private owner’s home. The owner's home is located on a separate lot across the street from the Inn and priced at $550,000. Ample parking and outdoor guest space create a getaway amid the action. Guests can walk to the beautiful, bustling University of Oklahoma campus 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 31 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.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| No. of Units: | 10 |
| Year Built: | 1994 |
| Lot Size: | 0.51 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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