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Spa & Wellness Property With Salon Buildout
For Sale
$675,000

1301 Chestnut Street, Murray, KY 42071

Business Opportunity, 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
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

Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

spacious floor areas
private rooms
plumbing infrastructure
modern interior finishes
epoxy flooring
one full bath
one half bath
three phase electric svc
washer/dryer hookups
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# 26017210

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 is configured for spa and wellness use and currently operates as a fully equipped hair salon. The interior includes open floor areas, private rooms, plumbing infrastructure, epoxy flooring, one full bath, one half bath, and washer/dryer hookups. Three-phase electrical service supports the existing layout, while natural gas forced-air heating and central air provide building systems.

The property is situated next to a university in Murray, Kentucky, within the B-2 Highway Business District. The building and lot are offered for sale, with a lease option also available. Business equipment may be negotiated separately. The zoning designation may support salon, spa, medical, retail, office, religious assembly, and other uses permitted by the applicable ordinance.

Key Highlights

  • 4064‑square‑foot commercial building on a B‑2‑zoned site
  • Currently operating as a fully equipped hair salon
  • Private rooms, plumbing infrastructure, epoxy flooring, and modern interior finishes

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

Single-tenant
Tenancy

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 - Operating salon includes private rooms, plumbing infrastructure, and finished interiors within a B-2 Highway Business District.
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: 4064‑square‑foot commercial building on a B‑2‑zoned site; Currently operating as a fully equipped hair salon; Private rooms, plumbing infrastructure, epoxy flooring, and modern interior finishes
More about this property
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