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Florence, IN

Florence, IN Commercial Real Estate for Sale

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Patriot, IN Vevay, IN Warsaw, KY Bennington, IN Sparta, KY Rising Sun, IN Sanders, KY Dillsboro, IN

Ohio River Vacation Destination

Updated: Jun 27, 2025

Ohio River Vacation Destination

15596 SR 156, Florence, IN 47020

$985,000

5.16 AC lot

Turnkey waterfront hospitality asset on 5.15 acres along the Ohio River (multi‑parcel).
Income‑producing lodging with fully furnished floating boatel units and multiple accommodation types.
4 year‑round RV sites and a marina setup designed for lodging and guest stays.
Marina includes 10+ docks with power and water for vessels.
Two‑story home with a crow’s nest river view plus a tiny house and a camper with a covered deck.

Hotel with Manager Apartment

Updated: May 28

Hotel with Manager Apartment

14845 STATE RD 156, Florence, IN 47020

$1,550,000

19,542 sqft

41‑room hospitality property located directly across from Belterra Casino Resort on State Road 156 in Florence, IN
Approx. 19,542 sqft with 41 guest rooms plus a 1‑bedroom manager apartment with kitchen and living area
New metal roof installed in 2024
Sale includes substantially all FF&E, including beds, linens, appliances, computers, office equipment, and operational inventory used in the business

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 2 Active listings in Florence, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Downtown Mixed-Use Religious Conversion

Downtown Mixed-Use Religious Conversion

100 W Pearl Street, Warsaw, KY 41095

$145,000

1,840 sqft 0.10 AC lot

Two-level downtown property zoned Central Business District with a main floor gathering space and an upstairs renovated apartment.

Restaurant Building with Equipped Kitchen

Restaurant Building with Equipped Kitchen

404 Main Cross Street, Warsaw, KY 41095

$45,000

246 sqft 0.30 AC lot

Food-service ready space with a fully equipped chef’s kitchen and outdoor covered patio amenities.

Retail Package Store & Bait Shop

Retail Package Store & Bait Shop

2778 Main Street, Patriot, IN 47038

$269,000

0.03 AC lot

A rare-permit package store setup with added streams from ATM, lottery, tobacco, and snacks, plus a bait-supply location behind.

Waterfront Commercial Land Tract

Waterfront Commercial Land Tract

Tract 9 North State Road 156, Patriot, IN 47038

$179,900

176,069 sqft

Waterfront commercial land tract with Ohio River frontage, plus an existing structure for renovation or redevelopment.

Off-Market Properties in Florence, IN

Consider similar Off-Market properties in Florence, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HOTEL/MOTEL

5th St, Florence, IN 47020

Value Estimation by Request

432 sqft 0.87 AC lot

6732 Bud Ballard Rd

COMMERCIAL (GENERAL)

6732 Bud Ballard Rd, Florence, IN 47020-9513

$515,000

Estimated value

7,200 sqft 1.25 AC lot

13182 State Rd 156

COMMERCIAL (GENERAL)

13182 State Rd 156, Florence, IN 47020-8603

Value Estimation by Request

882 sqft 93.49 AC lot

VACANT COMMERCIAL LAND

State Rd 156, Florence, IN 47020

Value Estimation by Request

1.90 AC lot

13285 State Rd 156

CONVENIENCE STORE

13285 State Rd 156, Florence, IN 47020-8570

Value Estimation by Request

2,880 sqft 5.43 AC lot

14847 State Rd 156

COMMERCIAL (GENERAL)

14847 State Rd 156, Florence, IN 47020-9491

Value Estimation by Request

360 sqft 10.49 AC lot

12675 State Rd 156

STORAGE YARD, OPEN STORAGE

12675 State Rd 156, Florence, IN 47020-8564

Value Estimation by Request

34,124 sqft 3.06 AC lot

14608 State Rd 156

HOTEL

14608 State Rd 156, Florence, IN 47020-9488

$860,000

Estimated value

9,000 sqft 250.22 AC lot

15436 State Rd 156

RETAIL STORES (PERSONAL SERVICES)

15436 State Rd 156, Florence, IN 47020

Value Estimation by Request

924 sqft 0.14 AC lot

12187 Markland Town Rd

THEATER (MOVIE)

12187 Markland Town Rd, Florence, IN 47020-9501

Value Estimation by Request

1,200 sqft 1.84 AC lot

6894 Log Lick Rd

R&D FACILITY, LABS, PHARMA

6894 Log Lick Rd, Florence, IN 47020-9694

Value Estimation by Request

2,232 sqft 17.55 AC lot

6747 Kevin Mcswain Rd

INDUSTRIAL (GENERAL)

6747 Kevin Mcswain Rd, Florence, IN 47020

Value Estimation by Request

7,200 sqft 56.21 AC lot

13268 Innovation Dr

MANUFACTURING (LIGHT)

13268 Innovation Dr, Florence, IN 47020-9530

$640,000

Estimated value

29,400 sqft 10.87 AC lot

13395 Innovation Dr

MANUFACTURING (LIGHT)

13395 Innovation Dr, Florence, IN 47020-9531

Value Estimation by Request

10,000 sqft 3.06 AC lot

VACANT COMMERCIAL LAND

5th St, Florence, IN 47020

Value Estimation by Request

0.14 AC lot

THEATER (MOVIE)

6912 4th St, Florence, IN 47020-9004

Value Estimation by Request

4,268 sqft 0.21 AC lot

HEAVY INDUSTRIAL

Markland Dm, Florence, IN 47020

$810,000

Estimated value

100 sqft

Florence, IN Commercial Real Estate Market Trends and Statistics

Explore 19 commercial real estate for sale in Florence, IN on our real estate platform. These investment opportunities span a total of 19,542 square feet of properties for sale, with an estimated market value of $1,550,000.

Sale prices for business properties in Florence, IN start at $1,550,000, averaging $1,550,000, and reaching up to $1,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,164

Population Growth (5Y) -2.4%

Median Household Income $66,047

College Educated 7.4%

High-Yield Neighborhoods for Investment

Identify Florence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47020	$1.3M

Taxes & Financing

Tax Rate (average for all types) 1.43%

Property Tax per SF $31.43 per SF

Tax Rate vs County Average 0.12 pp below county avg

Average Loan-to-Value 65.0%

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Most Searched ZIP Codes in Florence, IN

47020