About This Home

This 0-bedroom, 0-bathroom commercial at 14845 State Road 156 in Florence, IN is listed for $1,550,000. Built in 2002, on a 1.78 acres lot.

Key Features

  • Built in 2002
  • 1.78 acre lot

Property Details

2002
Listing Description

41-room hospitality opportunity located directly across from Belterra Casino Resort in Florence, Indiana. The Fairway Inn has operated under long-term ownership for approximately 22 years & offers established operations with strong regional demand drivers & owner-operator potential.

The property consists of approximately 19,542 sqft with 41 guest rooms plus a 1-bedroom manager apartment with kitchen & living area. Recent improvements include a new metal roof installed in 2024 with ownership maintaining the property throughout their operation.

Sale includes substantially all furniture, fixtures, equipment (FF&E), including beds, linens, appliances, computers, office equipment, & operational inventory currently used in the operation of the business. Existing staffing & operational infrastructure are in place, offering a turnkey hospitality opportunity with continued upside potential in a destination-driven market.

Monthly Cost Estimate

$8,290/mo

20% down · 6.5% · 30 years

Principal$1,121
Interest$6,717
Insurance$452

Estimates only. Actual payments may vary.

Location

14845 State Road 156

Florence, IN 47020

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 14845 State Road 156 is listed at $1,550,000. The estimated monthly payment is $8,290 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2002, 1.78 acre lot.

This property is listed by Eric Ginder and can be reached at 9376208484.

EG

Eric Ginder

Agent at RE/MAX Victory & Affiliates

(937) 620-8484

Listed by RE/MAX Victory & Affiliates · Broker phone: 9376208484 · View on Broker Site

MLS# 207544· Source: Southeastern Indiana Board of Realtors· 14 days on PropertySimple

Copyright © 2026 Southeastern Indiana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

14845 State Road 156, Florence, IN 47020

Open this listing in: