Health monitoring of structures is required when earthquakes occur in urban areas where buildings are highly concentrated, and in such situations, it is very important to estimate the location of structural damage. To improve the accuracy of damage location, proper wave velocities must be determined based on the characteristics of the propagation media. In this study, experiments were performed to measure the P-wave and surface wave velocities of a granite specimen. In addition, the elastic wave velocities of the specimen were measured based on the distance between the sensor and the source location, and these measurements were compared to the P-wave and surface wave velocities. The experimental results were analyzed to determine the accuracy of the source location. The findings of this study will be useful in the field for estimating the source location of structures damaged by earthquakes.