Landmark Oklahoma Hospitality Property in Norman For Sale

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    Listing Description


    A rare opportunity to own the Landmark Oklahoma Hospitality Property

     

    A rare opportunity to own an established, purpose-built hospitality business with strong financials and expansion potential.  

    Located in central downtown Norman, this 16 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 under 2 acres the property includes the main Inn and several historic cottages along a tree lined street.  

    There are a total of 16 guest rooms and suites and a lovely modern private owner’s home. 

     In addition, included are an undeveloped lot and two family occupied cottages as well as a cottage under renovation waiting for the next owner’s expansion ideas.

    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 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.

    A family built, owned and operated business.  One owner since its creation. 

    The Inn incudes an entire block of a lovely tree lined neighborhood adjacent to the University of Oklahoma. 

    Many of the suites are in older homes purchased over the years of operation of the Inn.  The opportunity for growth is evident at every turn. 

    A large vibrant university town minutes from Oklahoma City with many ways to leverage the real property and the hospitality business.

    Contact     Carol Edmondson  1 508-237-1617

     



    Listing Information


    Innkeeper: Edmondson

    Address: 322 Tonhawa

    PO Box:

    City:Norman

    State:Oklahoma

    Postal Code: 73069

    Country: USA

    Toll Free:

    Phone: 1 508-237-1617

    Cell: 1 5082371617

    Fax:


    E-mail: Send Message


    Realtors Information


    Realtor: Carol Edmondson

    Realtor Company: Inn Advisors

    Address: 231 Rte 6A Suite 852

    PO Box:

    City: Yarmouth Port

    State: MA (Massachusetts)

    Toll Free:

    Phone: 1 508-237-1617

    Cell:1 508-237-1617

    Fax:1 866-860-5423


    E-mail: Send Message


    Property Information


    Sale Price:3,500,000$

    Square Ft: 15833

    Lot Size in Acres: 2

    Parking Spots: 20

    Year Built: 1994

    Last Renovation: 2020

    Years as Inn: 29

    Guest Rooms: 16

    Guest Bathrooms: 16

    Owners Quarters: Yes

    Restaurant: No

    Pool: No

    Furniture Included?: Yes

    Sale or Lease?: For Sale

    Avg. Annual Income:

    MLS # :

    Other: