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Spa & Wellness Property with Fitness Area
For Sale
$425,500

51 Sanders Drive, Cadiz, KY 42211

Commercial/Industrial, 1 Story, Cadiz, KY

Property Size8,545 SF
Lot Size0.40 Acres
Price / SF$49.80
Days on Market154

Property Features for 51 Sanders Drive

General Information

Property type Commercial Sale
Property subtype Other
Lot features In City Limits
Directions From US 68 Bypass near FNB Bank turn toward Cadiz Business District. Follow US 68 approx 2 miles. Building is located to the rear of the parking lot directly between Food Giant Grocery Store and GiGi's Boutique and Marketplace.
Subdivision Trigg
Standard status Active
Lot size 0.40 Acres

Utilities

Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Flooring type Concrete
Architectural style Other
Listing Agency: KY Homes Realty
Listed By: Lisa Vaughn Butts · License #299396
Added: Apr 13 Changed: Aug 19 Last Checked: Sep 13 at 10:06AM
MLS# 136406

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

The property comprises an 8,545-square-foot, single-story commercial building on approximately +/- 0.4 acres. Its 4,465-square-foot heated and cooled storefront is operating as a tanning salon with 12 active beds, including a red light therapy bed. The front area also includes dedicated fitness space configured for classes and additional use.

Four rentable storage units occupy the rear portion of the property, with bathroom facilities in two units. These spaces support a mix of storage, office, and workshop functions. Building features include concrete flooring, electric heating, central air, and public water. The property is located at 51 Sanders Drive in Cadiz, Kentucky, within Trigg County and ZIP Code 42211. Most contents convey with the sale, excluding spray tan equipment and personal items such as office files and wind chimes.

Key Highlights

  • 8,545‑square‑foot single‑story building on approximately +/- 0.4 acres
  • 4,465‑square‑foot heated and cooled storefront
  • 12 active tanning beds, including a red light therapy bed

Property Analytics

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Current Use

Spa & wellness properties

Suggested Use

Top Pick Dental Office Electrical Service Hair Salon Furniture & Home Goods (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby
Balanced
Demand for This Use

Demographics for 42211, KY

13,224
Population
7,098
Households
1.9
Avg Household Size
47
Median Age
21%
College-Educated
87%
High-School Grad
284.4 sq mi
ZIP Area
46
Density / Sq Mi
$54,039
Median Household Income
$39,280
Median Earnings
$775
Median Rent
$197,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - Versatile commercial facility with treatment-oriented improvements, fitness space, and multiple rear storage units.
Where is this spa & wellness property located?
The property is located at 51 Sanders Drive Cadiz, KY.
What is the asking price?
The asking price for this property is $425,500.
What are key features of this property?
This property features: 8,545‑square‑foot single‑story building on approximately +/- 0.4 acres; 4,465‑square‑foot heated and cooled storefront; 12 active tanning beds, including a red light therapy bed
More about this property
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