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    1228 N Elm St Henderson, KY 42420

    New
    For Sale
    $475,000

    Commercial - Henderson, KY

    Days on Market:
    3
    Last Refresh:
    Dec 12 at 3:06 am

    Property Features for 1228 N Elm St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Alarm
    Zoning
    Commercial
    Parking features
    Off Street, Paved or Surfaced
    Interior features
    Public Restrooms, Handicap Design, Smoke Alarm, Security Alarm, Fire Sprinkler, Employee Lounge, Employee Restrooms
    Accessibility
    Accessible Approach with Ramp

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Flooring type
    Carpet
    Building materials
    Other
    Architectural style
    Other

    ERA FIRST ADVANTAGE (812) 858-2400

    Listing agent MELINDA LUNTSFORD (270) 577-8701

    Listing date Dec 10, 2025

    MLS# 250696 Listing URL

    Copyright © 2025 Henderson Audubon 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.

    Overview

    Versatile Commercial Space For Sale

    This commercial property, formerly a day spa, is available for sale. It features three levels of versatile space suitable for launching a new business or revitalizing the existing spa concept. The main floor includes a reception area, a kitchen, three massage therapy rooms, and an open living area. The top floor is designed as a dance or yoga studio, featuring large windows that provide natural light. The fully developed basement includes a hot tub room, sauna, steam bath, two showers, a two-stall bathroom with double vanity, a workout room, and two additional massage rooms. This property presents a rare opportunity with potential for various business uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Henderson Pathology Medical Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Shaw's Flowers Inc, J'Petals, A Day To Remember Flowers & More

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Henderson
    State
    Kentucky
    Longitude
    -87.5812768
    Latitude
    37.853577

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    FAQs

    What type of property is this?
    Storefront property - Former day spa with versatile space, perfect for new business.
    Where is this storefront property located?
    The property is located at 1228 N Elm St Henderson, KY.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Fully developed basement featuring a hot tub, sauna, steam bath, showers, and workout room.; - Versatile three-level space ideal for various business ventures or a spa concept.; - Bright and airy top-floor dance/yoga studio with large windows.
    (270) 577-8701
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    1228 N Elm St Henderson, KY 42420
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1228 N Elm St Henderson, KY 42420
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