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    1301 Chestnut St Murray, KY 42071

    For Sale
    $735,000

    Commercial, 1 Story - Murray, KY

    Days on Market:
    17
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 1301 Chestnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Building materials
    Block, Brick, Vinyl Siding
    Architectural style
    Other

    Stedlin Real Estate, LLC (270) 753-8900

    Listing agent Aleshia Banks (270) 293-5657 License #219362

    Listing date Nov 20, 2025

    MLS# 134790 Listing URL

    Copyright © 2025 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building Near University

    This commercial building offers over 4,000 square feet of space on a 0.66-acre lot. The property is located in a high-traffic area near the university and is zoned B-2, Highway Business District, allowing for a range of potential uses. Currently operating as a fully equipped hair salon, the space features spacious floor areas, private rooms, plumbing infrastructure, and modern interior finishes. Interior features include epoxy flooring, one full bath, one half bath, three-phase electric service, and washer/dryer hookups. The property provides excellent parking for customers and staff. The building is suitable for salon/spa operators and is adaptable for medical, retail, office, religious assembly, and other uses permitted by the zoning ordinance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Profiles Salon and Spa Beauty Salon Beauty By Abbey Stylist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    County
    Calloway
    State
    Kentucky
    Longitude
    -88.318351
    Latitude
    36.616871

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    FAQs

    What type of property is this?
    Retail space - Commercial building in high-traffic location, adaptable for various uses.
    Where is this retail space located?
    The property is located at 1301 Chestnut St Murray, KY.
    What is the asking price?
    The asking price for this property is $735,000.
    What are key features of this property?
    This property features: - Prime commercial building in a high-traffic location next to the university.; - Zoned B-2, Highway Business District, allowing for versatile business operations.; - Spacious 4,000+ sq ft building on a 0.66 acre lot with excellent parking.
    (270) 293-5657
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    1301 Chestnut St Murray, KY 42071
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    Murray, KY 42071
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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
    1301 Chestnut St Murray, KY 42071
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