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    Florence, IN
    Hospitality

    Florence, IN Hospitality Properties for Sale

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    Patriot, IN Warsaw, KY Sanders, KY Vevay, IN Ghent, KY Sparta, KY Rising Sun, IN Dillsboro, IN
    Hotel with Manager Apartment
    Updated: May 28
    Hotel with Manager Apartment

    14845 STATE RD 156, Florence, IN 47020

    Contact for pricing
    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
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Florence, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Fully Renovated Bed-and-Breakfast Property
    Fully Renovated Bed-and-Breakfast Property

    511-513 Capital Avenue, Frankfort, KY 40601

    $878,000
    4,255 sqft 0.30 AC lot

    Fully renovated property with multiple kitchens, dining areas, private baths, and entrances supporting flexible room arrangements.

    View details
    Renovated Bed & Breakfast
    Renovated Bed & Breakfast

    511-513 Capital Ave, Frankfort, KY 40601

    $878,000
    4,255 sqft

    Host-occupied lodging property with multiple entrances, private suites, kitchens, and off-street parking.

    View details
    SpringHill Camp, Indiana
    SpringHill Camp, Indiana

    2221 In-258, Seymour, IN 47274

    $17,500,000
    31,053,924 sqft 712.90 AC lot

    TURNKEY Campground/Retreat/Resort Center

    View details
    47-Room Independent Motel
    47-Room Independent Motel

    2603 Outlet Boulevard, Seymour, IN 47274

    Contact for pricing

    An on-site manager’s apartment provides space for on-property management.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ohio River Commercial Land
    Ohio River Commercial Land

    Tract 9 N Old State Road 156 Highway, Patriot, IN 47038

    $159,900
    4.04 AC lot

    Riverside acreage includes an existing structure, shared recreational access, and a private boat ramp serving the common area.

    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

    5th St, Florence, IN 47020

    Estimated value:
    $220,000
    432 sqft 0.87 AC lot
    View details
    14608 State Rd 156
    HOTEL

    14608 State Rd 156, Florence, IN 47020-9488

    Estimated value:
    $860,000
    9,000 sqft 250.22 AC lot
    View details

    Florence, IN Hospitality Properties Market Trends and Statistics

    Explore 3 hospitality properties 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1

    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 $1.6M

    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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