0 Tonhawa StNorman, OK 73069

Property Details for 0 Tonhawa St

Property size (Sq ft)

15,833 SF

Property type

Hospitality properties

Property subtype

Hotels

Description

This exceptional opportunity presents a rare chance to acquire an established, 10-guest-room hotel in the heart of Norman, Oklahoma. The property, situated on a tree-lined street in downtown Norman, boasts a nostalgic design seamlessly blended with modern amenities, catering to leisure, business, and university travelers seeking a unique experience. The main inn features indoor and outdoor gathering spaces, ample guest parking, and is complemented by a separate, modern owner's home located on a nearby lot. The hotel's prime location offers easy access to the University of Oklahoma campus, the vibrant downtown area, including numerous restaurants, shops, and entertainment venues, as well as Andrew's Park and the Central Library. The property encompasses just over half an acre and includes nine additional buildings also available for purchase. The main inn and owner's home are priced at $1,975,000, while the nine additional properties are offered at $1,347,000. The total package, including all ten properties, is priced at $3,322,598. This family-owned and operated business, established nearly 30 years ago, presents significant potential for growth and expansion within Norman's thriving and rapidly growing university town setting, just minutes from Oklahoma City. Detailed financial information is available upon request with a signed Non-Disclosure Agreement. The property's 15,833 square feet offers a unique blend of hospitality and investment potential.

Location Insight

City

Norman

County

Cleveland

State

Oklahoma

Latitude

35.2208

Longitude

-97.4493

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