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Montford Inn 226 Tonhawa st 10 Room Hotel Norman, OK 73069 $999,500 ($99,950/Room)

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INVESTMENT HIGHLIGHTS

  • Thirty Year operating bed and breakfast in Norman, Oklahoma. Centrally located in downtown and approximately one mile from the University of Oklahoma.

EXECUTIVE SUMMARY

Located in the heart of Norman. Twenty minutes to uptown Oklahoma City, within walking distance to the University of Oklahoma and ringed by Central Norman's thriving and rapidly growing area - Downtown Merchants and Restaurants, Clubs, Rail District, Norman's Central Library, Andrew's Park, and Commercial Properties. Amenities are abundant. Growth opportunity is extraordinary. 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 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 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. The Inn and owner's home are priced together at $1,650,000.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $999,500
Price Per Room $99,950
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.51 AC
Building Size 5,519 SF
No. Rooms 10
No. Stories 2
Year Built 1994
Cross Streets Webster
Zoning UC Urban Commercial - C-2

AMENITIES

  • Wheelchair Accessible
  • Meeting Event Space
  • Wedding Venue
  • Hot Tub

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 10 - -
Walk Score®
Very Walkable (83)
Bike Score®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0024480
Land Assessment
$6,720 (2024)
Improvements Assessment
$63,308 (2024)
Total Assessment
$70,028 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 35276212

  • Date on Market: 3/27/2025

  • Last Updated:

  • Address: 226 Tonhawa st, Norman, OK 73069

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