Hotel with Manager
14845 STATE RD 156 Florence, IN 47020
14845 STATE RD 156, Florence, IN, 47020
Contact for pricing
For Sale
Contact for pricing
41-room hotel across from Belterra Casino Resort, with 2024 metal roof and FF&E included for an operator-ready setup.
Property Size19,542 SF
Price / SF$79.32
Days on Market55
Property Features for 14845 STATE RD 156
General Information
- Standard status
- Active
- Size
- 19,542 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 2002
Listing agency
RE/MAX Victory + Affiliates
Listed by
Eric Ginder · License #Indiana and RB14022326
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 7:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Victory + Affiliates
Investment Insights
Based on property information with market context.
The property is a 41-room hospitality operation with an additional 1-bedroom manager apartment that includes a kitchen and living area. Fairway Inn Florence offers an established lodging layout supporting guest accommodations and on-site management. Recent improvements include a new metal roof installed in 2024, and the sale includes substantially all furniture, fixtures, equipment, and operational inventory currently used in the business.
The hotel is positioned directly across from Belterra Casino Resort along State Road 156 in Florence, Indiana. The setting supports both casino-related lodging demand and regional travelers/workforce traffic moving through the area.
This offering is well suited for an owner-operator, regional investor, or hospitality group seeking a hospitality asset with existing operational infrastructure and staffing already in place. With FF&E included and the property maintained by long-term ownership for approximately 22 years, it presents a turnkey pathway for a continued or refreshed lodging operation in a destination-driven market.
The hotel is positioned directly across from Belterra Casino Resort along State Road 156 in Florence, Indiana. The setting supports both casino-related lodging demand and regional travelers/workforce traffic moving through the area.
This offering is well suited for an owner-operator, regional investor, or hospitality group seeking a hospitality asset with existing operational infrastructure and staffing already in place. With FF&E included and the property maintained by long-term ownership for approximately 22 years, it presents a turnkey pathway for a continued or refreshed lodging operation in a destination-driven market.
Key Highlights
- 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
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
FAQs
What type of property is this?
Hotel - 41-room hotel across from Belterra Casino Resort, with 2024 metal roof and FF&E included for an operator-ready setup.
Where is this hotel located?
The property is located at 14845 STATE RD 156 Florence, IN.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 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
