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Florence, IN Hotels for Sale

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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
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Based on your search, we've compiled 11 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 4 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.

Hotel with Indoor Swimming Pool
Hotel with Indoor Swimming Pool

9530 W State Rd 56, French Lick, IN 47432

$4,600,000
2.91 AC lot

80-room Comfort Suites hotel with a recently completed major property improvement program and new roof and gutters.

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Hotel with Indoor Pool
Hotel with Indoor Pool

9530 W State Road 56 Highway, French Lick, IN 47432

$4,600,000
2.91 AC lot

Comfort Suites for sale featuring 80 rooms, an indoor swimming pool, and on-site dining and meeting space.

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8-Unit Inn Property
8-Unit Inn Property

8318 Dixie Hwy, Florence, KY 41042

Contact for pricing

Eight units operated under week-to-week rental agreements with no current vacancies; showings require 3 days' notice.

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Riverfront Hotel and Event Property
Riverfront Hotel and Event Property

906 E 1st Street, Madison, IN 47250

$2,900,000

Riverfront 2-story hotel with 21 rooms, lounge, patios, and an on-site bar liquor license included.

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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.

Prime Commercial Land on Bourbon Trail
Prime Commercial Land on Bourbon Trail

104 Carlton Crossing, Lawrenceburg, KY 40342

$474,900
0.90 AC lot

Commercial land in Lawrenceburg's Carlton Crossing development, ideal for various businesses.

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Prime Corner Lot on Bourbon Trail
Prime Corner Lot on Bourbon Trail

103 Carlton Crossing, Lawrenceburg, KY 40342

$599,900
0.90 AC lot

Stellar corner lot on the Bourbon Trail ready for development.

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Prime Land on Bourbon Trail
Prime Land on Bourbon Trail

111 Carlton Crossing, Lawrenceburg, KY 40342

$997,900
4.14 AC lot

4.14+- acre lot ideal for various commercial ventures.

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Prime Commercial Land on Bourbon Trail
Prime Commercial Land on Bourbon Trail

104 Carlton Crossing, Lawrenceburg, KY 40342

$474,900
0.90 AC lot

Commercial land ideal for retail, restaurant, hotel, or medical use.

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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

Value Estimation by Request
432 sqft 0.87 AC lot
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14608 State Rd 156
HOTEL

14608 State Rd 156, Florence, IN 47020-9488

$860,000
Estimated value
9,000 sqft 250.22 AC lot
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Florence, IN Hotels Market Trends and Statistics

Explore 3 hotels 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 resorts 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Campgrounds 1
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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