Landmark Oklahoma Hospitality Property in Norman For Sale

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    Listing Description


                                                      Landmark Oklahoma Hosptiality Property 

     

    A rare opportunity to own an established, purpose-built hospitality business with strong financials and expansion 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 and a lovely 2200 sq. ft. modern private owner’s home is also included.  The owner’s home is located on a separate lot across the street from the Inn.  

    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.

    This is a family built, owned and operated business.  One owner since its creation almost 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 Inn and owner’s home are priced at $1,750,000. 

    The sellers own additional properties on the same street that may be available to a buyer.

    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: 1 508-237-1617

    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:


    E-mail: Send Message


    Property Information


    Sale Price:1,750000$

    Square Ft: 5227

    Lot Size in Acres: 0.51

    Parking Spots: 12

    Year Built: 1994

    Last Renovation: 2020

    Years as Inn: 29

    Guest Rooms: 10

    Guest Bathrooms: 10

    Owners Quarters: Yes

    Restaurant: No

    Pool: No

    Furniture Included?: Yes

    Sale or Lease?: For Sale

    Avg. Annual Income:

    MLS # :

    Other: