About This Home
This 0-bedroom, 0-bathroom commercial at 15596 SR 156 in Florence, IN is listed for $985,000. Built in 1991, on a 5.16 acres lot.
Key Features
- Built in 1991
- 5.16 acre lot
Property Details
?? Mermaid Cove Marina, Boatel, RV & Docks ?? Price: $985,000 Mermaid Cove Marina is a turnkey, income-producing waterfront hospitality asset spanning 5.15 acres along the scenic Ohio River. ?? Highlights: This multi-parcel property boasts diverse, established income streams with a strong booking history.
The lodging features unique, fully furnished floating 'Boatel' units, a two-story home with a 'crow's nest' river view, a charming tiny house, a camper with a covered deck, and 4 year-round RV sites. ??? The marina includes 10+ docks accommodating up to 12 vessels, complete with power and water.
?? Expansion & Value-Add Potential: Investors can capitalize on massive upside by adding extra dock spaces for additional revenue, launching jet ski rentals, or offering boat charters. ?? Strategically located just minutes from Belterra Casino, Markland Dam, and I-71, it serves as an easily accessible, high-demand escape for
Monthly Cost Estimate
$5,268/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
15596 SR 156
Florence, IN 47020
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 15596 SR 156 is listed at $985,000. The estimated monthly payment is $5,268 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1991, 5.16 acre lot.
This property is listed by Jay Knowles and can be reached at 8125377000.