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    Florence, IN Commercial Real Estate for Sale

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    Patriot, IN Warsaw, KY Sanders, KY
    Ohio River Vacation Destination
    $985,000
    5.16 Acres
    Ohio River Vacation Destination

    15596 SR 156, Florence, IN 47020

    Turnkey vacation destination on the Ohio River near Belterra Casino.
    • 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.
    Updated: Jun 27, 2025
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    Hotel with Manager Apartment
    $1,550,000
    19,542 SF
    Hotel with Manager Apartment

    14845 STATE RD 156, Florence, IN 47020

    41-room hotel across from Belterra Casino Resort, with 2024 metal roof and FF&E included for an operator-ready setup.
    • 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
    Updated: May 28
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    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.

    Restaurant Building with Equipped Kitchen
    $45,000
    0.30 Acres
    Restaurant Building with Equipped Kitchen

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

    404 Main Cross Street, Warsaw, KY 41095

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    Downtown Mixed-Use Property
    $145,000
    1,840 SF
    Downtown Mixed-Use Property

    Church-ready main level and renovated upstairs apartment with private exterior access in a Central Business District setting.

    100 W Pearl Street, Warsaw, KY 41095

    View details
    304 Acres Near Kentucky Speedway
    Contact for pricing
    154.00 Acres
    304 Acres Near Kentucky Speedway

    304 acres of divisible land near Kentucky Speedway.

    525 Zalla Ln, Sanders, KY

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    304 Acres Near Kentucky Speedway
    Contact for pricing
    134.00 Acres
    304 Acres Near Kentucky Speedway

    304 acres of divisible land near Kentucky Speedway.

    Knox Lillard Rd, Sanders, KY

    View details

    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.

    5th St
    HOTEL/MOTEL
    432 SF Lot: 0.87 Acres
    Value Estimation by Request

    5th St, Florence, IN 47020

    View details
    6732 Bud Ballard Rd
    COMMERCIAL (GENERAL)
    7,200 SF Lot: 1.25 Acres
    Estimated value
    $515,000

    6732 Bud Ballard Rd, Florence, IN 47020-9513

    View details
    13182 State Rd 156
    COMMERCIAL (GENERAL)
    882 SF Lot: 93.49 Acres
    Value Estimation by Request

    13182 State Rd 156, Florence, IN 47020-8603

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    State Rd 156
    VACANT COMMERCIAL LAND
    Lot: 1.90 Acres
    Value Estimation by Request

    State Rd 156, Florence, IN 47020

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    13285 State Rd 156
    CONVENIENCE STORE
    2,880 SF Lot: 5.43 Acres
    Value Estimation by Request

    13285 State Rd 156, Florence, IN 47020-8570

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    14847 State Rd 156
    COMMERCIAL (GENERAL)
    360 SF Lot: 10.49 Acres
    Value Estimation by Request

    14847 State Rd 156, Florence, IN 47020-9491

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    12675 State Rd 156
    STORAGE YARD, OPEN STORAGE
    34,124 SF Lot: 3.06 Acres
    Value Estimation by Request

    12675 State Rd 156, Florence, IN 47020-8564

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    14608 State Rd 156
    HOTEL
    9,000 SF Lot: 250.22 Acres
    Estimated value
    $860,000

    14608 State Rd 156, Florence, IN 47020-9488

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    15436 State Rd 156
    RETAIL STORES (PERSONAL SERVICES)
    924 SF Lot: 0.14 Acres
    Value Estimation by Request

    15436 State Rd 156, Florence, IN 47020

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    12187 Markland Town Rd
    THEATER (MOVIE)
    1,200 SF Lot: 1.84 Acres
    Value Estimation by Request

    12187 Markland Town Rd, Florence, IN 47020-9501

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    6894 Log Lick Rd
    R&D FACILITY, LABS, PHARMA
    2,232 SF Lot: 17.55 Acres
    Value Estimation by Request

    6894 Log Lick Rd, Florence, IN 47020-9694

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    6747 Kevin Mcswain Rd
    INDUSTRIAL (GENERAL)
    7,200 SF Lot: 56.21 Acres
    Value Estimation by Request

    6747 Kevin Mcswain Rd, Florence, IN 47020

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    13268 Innovation Dr
    MANUFACTURING (LIGHT)
    29,400 SF Lot: 10.87 Acres
    Estimated value
    $640,000

    13268 Innovation Dr, Florence, IN 47020-9530

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    13395 Innovation Dr
    MANUFACTURING (LIGHT)
    10,000 SF Lot: 3.06 Acres
    Value Estimation by Request

    13395 Innovation Dr, Florence, IN 47020-9531

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    5th St
    VACANT COMMERCIAL LAND
    Lot: 0.14 Acres
    Value Estimation by Request

    5th St, Florence, IN 47020

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    6912 4th St
    THEATER (MOVIE)
    4,268 SF Lot: 0.21 Acres
    Value Estimation by Request

    6912 4th St, Florence, IN 47020-9004

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    Markland Dm
    HEAVY INDUSTRIAL
    100 SF
    Estimated value
    $810,000

    Markland Dm, Florence, IN 47020

    View details

    Florence, IN Commercial Real Estate Investment Opportunities Market Analysis

    Explore 19 commercial real estate for sale in Florence, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $985,000.

    Sale prices for business properties in Florence, IN start at $985,000, averaging $985,000, and reaching up to $985,000 — 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 median listing prices of real estate assets

    Neighborhood Average Price
    47020 $985K

    Taxes & Financing

    Tax Rate (average for all types) 1.43%
    Property Tax per SF $31.43 per sq ft
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

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