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Spa & Wellness Property with Salon
For Sale
$675,000

1301 Chestnut Street, Murray, KY 42071

Commercial Sale, Murray, KY

Property Size4,064 SF
Lot Size0.69 Acres
Price / SF$166.09
Days on Market294

Property Features for 1301 Chestnut Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-2
Zoning description Highway Business District
Parking 1120
Subdivision Commercial
Directions From 12th and Chestnut Streets, travel west on Chestnut to property on your left. No sign.
Standard status Active
APN 003-0-0013-00004
Size 4,064 SF
Lot size 0.69 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

spacious floor areas
private rooms
plumbing infrastructure
modern interior finishes
epoxy flooring
full bath
half bath
three phase electric service
washer/dryer hookups

Building Details

Floors in Building 1
Building materials Block, Brick, Vinyl Siding
Listing Agency: Stedelin Real Estate LLC
Listed By: Aleshia Banks · License #219362
Added: Nov 20, 2025 Changed: Sep 8 Last Checked: Sep 10 at 4:06AM
MLS# 26017208

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,064-square-foot commercial building sits on a 0.686-acre lot and is configured for spa and wellness operations. The property is currently operating as a hair salon with open floor areas, private rooms, plumbing infrastructure, epoxy flooring, one full bath, and one half bath. Additional features include three-phase electric service, washer and dryer hookups, central air, forced-air natural gas heat, and construction incorporating block, brick, and vinyl siding.

Zoned B-2, the Highway Business District property is located next to a university and includes on-site parking. The existing layout and infrastructure may also accommodate medical, retail, office, or religious assembly uses where permitted by the zoning ordinance. Public sewer serves the property, and a lease option is available in addition to the sale offering.

Key Highlights

  • 4,064‑square‑foot building on a 0.686‑acre lot
  • B‑2 zoning designated as a Highway Business District
  • Currently configured and operating as a fully equipped hair salon

Property Analytics

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Current Use

Profiles Salon and Spa Hair Salon Beauty By Abbey Hair Salon

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Electrical Service Kitchen & Bath Showroom Computer & Electronic Repair Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby
403k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 16% Apparel 15% Home Improvements & Furnishings 9%
Marshalls Apparel
36,406 visits/mo 0.3 miles
McDonald's Dining
33,664 visits/mo 0.4 miles
Cook Out Dining
24,690 visits/mo 0.3 miles
Cracker Barrel Old Country Store Dining
21,330 visits/mo 0.2 miles
Dollar Tree Shops & Services
20,187 visits/mo 0.5 miles

Demographics for 42071, KY

29,703
Population
14,174
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
209.0 sq mi
ZIP Area
142
Density / Sq Mi
$48,976
Median Household Income
$29,805
Median Earnings
$841
Median Rent
$188,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Murray-Calloway County Hospital Center for Health and Wellness 716 poplar st, murray, ky 42071

Frequently Asked Questions

What type of property is this?
Spa & wellness property - B-2 commercial property with private rooms, dedicated plumbing, customer parking, and an established salon layout.
Where is this spa & wellness property located?
The property is located at 1301 Chestnut Street Murray, KY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 4,064‑square‑foot building on a 0.686‑acre lot; B‑2 zoning designated as a Highway Business District; Currently configured and operating as a fully equipped hair salon
More about this property
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