# 15596 SR 156, Florence, IN 47020

> **TL;DR:** commercial, $985,000, built 1991. Est. $5,268/mo. Listed 447 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $985,000 |
| Year Built | 1991 |
| Lot Size | 224,639 sqft (5.16 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 447 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,981 |
| Estimated Insurance | $287 |
| **Total** | **$5,268** |

## Property Highlights

- Built in 1991
- 5.16 acre lot

## Description

### Agent Description
?? 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

## Location

- **Address:** 15596 SR 156, Florence, IN 47020
- **County:** Switzerland
- **Coordinates:** 38.785074, -84.92179
- **Google Maps:** https://www.google.com/maps?q=38.785074,-84.92179

## Virtual Tour & Media

- **Video Tour:** https://listings.nextdoorphotos.com/vd/198772761

## Listing Agent

- **Name:** Jay Knowles
- **Brokerage:** COLDWELL BANKER WEST SHELL
- **Phone:** 8125377000
- **Broker Phone:** 8125377000
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/SEIBRIN/205360/?channel=propsimple)

## Photos

![15596 SR 156 - Photo 1](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f3939053086r.jpg)

![15596 SR 156 - Photo 2](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f2804425636r.jpg)

![15596 SR 156 - Photo 3](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f1697348485r.jpg)

![15596 SR 156 - Photo 4](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f3975392994r.jpg)

![15596 SR 156 - Photo 5](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f2562319464r.jpg)

![15596 SR 156 - Photo 6](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f3770021608r.jpg)

![15596 SR 156 - Photo 7](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f2859510778r.jpg)

![15596 SR 156 - Photo 8](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f1924138187r.jpg)

![15596 SR 156 - Photo 9](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f3674941255r.jpg)

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![15596 SR 156 - Photo 13](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f855678152r.jpg)

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![15596 SR 156 - Photo 21](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f812734559r.jpg)

![15596 SR 156 - Photo 22](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f1501411070r.jpg)

![15596 SR 156 - Photo 23](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f2976374802r.jpg)

![15596 SR 156 - Photo 24](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f354580313r.jpg)

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![15596 SR 156 - Photo 26](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f265718080r.jpg)

![15596 SR 156 - Photo 27](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f3526031476r.jpg)

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![15596 SR 156 - Photo 31](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f3152726210r.jpg)

![15596 SR 156 - Photo 32](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f506432588r.jpg)

![15596 SR 156 - Photo 33](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f506342116r.jpg)

![15596 SR 156 - Photo 34](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f3602832055r.jpg)

![15596 SR 156 - Photo 35](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f4114942259r.jpg)

![15596 SR 156 - Photo 36](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f555383283r.jpg)

![15596 SR 156 - Photo 37](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f1528704891r.jpg)

![15596 SR 156 - Photo 38](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f710972976r.jpg)

![15596 SR 156 - Photo 39](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f3818409526r.jpg)

![15596 SR 156 - Photo 40](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f1840103339r.jpg)

![15596 SR 156 - Photo 41](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f589997803r.jpg)

![15596 SR 156 - Photo 42](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f3858640705r.jpg)

![15596 SR 156 - Photo 43](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f278539327r.jpg)

![15596 SR 156 - Photo 44](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f646249909r.jpg)

![15596 SR 156 - Photo 45](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f3835377107r.jpg)

![15596 SR 156 - Photo 46](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f2274189177r.jpg)

![15596 SR 156 - Photo 47](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f4156481125r.jpg)

![15596 SR 156 - Photo 48](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f1594006776r.jpg)

![15596 SR 156 - Photo 49](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f1752571373r.jpg)

![15596 SR 156 - Photo 50](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f1184092623r.jpg)

![15596 SR 156 - Photo 51](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f982602363r.jpg)

![15596 SR 156 - Photo 52](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f1055375324r.jpg)

![15596 SR 156 - Photo 53](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f3881684713r.jpg)

![15596 SR 156 - Photo 54](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f373488906r.jpg)

![15596 SR 156 - Photo 55](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f2942985979r.jpg)

![15596 SR 156 - Photo 56](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f232107193r.jpg)

![15596 SR 156 - Photo 57](http://lh.rdcpix.com/fdb12c78222f6f77a49e009f510631b1l-f1974137971r.jpg)

---

**MLS#:** 205360 | **Updated:** 2026-09-16
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/15596-sr-156-florence-in-47020-n205360)

---

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