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Mixed-Use Land for Sale in Florence, Indiana

15596 SR 156, Florence, IN 47020

$985,000
5.16 acres
Active
Est $5,458/mo

Rare Ohio River Investment Opportunity: Mermaid Cove Marina Discover a turnkey hospitality powerhouse at Mermaid Cove Marina. This multifaceted property combines a thriving marina, campground, and a high-performing short-term rental business into one premier package. The Portfolio Includes: Unique Accommodations: 6 signature "Boatel" units, 4 houseboats, 2 spacious motorboats, 1 elegant sailboat, and a charming tiny house. Land-Based Stays: A 27' camper with a covered deck and 4 year-round full-hookup RV sites. Primary Residence: A 2-story, 2-bedroom home featuring a "crow's nest" view of the river. Infrastructure: Over 10 dock spaces (6 with water/electric) accommodating up to 12 vessels. All units come fully furnished with premium essentials. With a proven track record of strong seasonal bookings and untapped potential for extended rental seasons, this is a "must-see" for any serious lifestyle investor.

Sq feet
1991
Built

Location

Street address
15596 SR 156
Community
York
Elevation
476 feet
Coordinates
38.7851, -84.9218

Directions

The property is just East of Vevay Indiana on SR 156 at the base of Turtle Creek.

Property details

Acreage
5.157 acres
Zoning
Commercial
MLS #
SEIBR 205360
Posted

Parcels

  • 78-12-06-112-009.001-008

Resources

Details and features

Listing

Type
Commercial Sale
Franchise
Keller Williams Realty

Exterior

Structures
Storage
Features
Outside Storage, Sidewalks

Structure

Stories
2
Cooling
Central Air
Materials
Wood Siding
Roof
Shingle

Interior

Flooring
Carpet, Vinyl

Listing history

DateEventPriceChangeSource
Jan 2, 2026Relisted$985,000SEIBR
Dec 28, 2025Listing removed$985,000Listing agent
June 28, 2025New listing$985,000SEIBR
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This 5.157-acre property is located at 15596 SR 156 in Florence, IN 47020. The property is available for sale for $985,000. It has a structure built in 1991.

Checked 8 hours ago — Updated

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Copyright (C) 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.

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