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516 Glades Road, Berea, KY 40403

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For Sale

$435,000

0.46 acres

Estimated Payment

$ 2,234 /mo. †

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 0.5 acres
    Lot size

Explore this Property

Great Investment Opportunity in Berea! This established car wash has been a local staple since 1990 and is ready for a new owner to take it to the next level. Located in a prime, high-traffic area, the property features 3 self-serve power wash bays and 1 automatic bay with new 45HP freestanding dryers, offering customizable touch-free and brush wash options. The business also includes 4 vacuums, 3 vending machines, over $50,000 in automatic replacement parts on hand, a storage building, credit card acceptance in all bays, and a surveillance system with remote viewing. With a strong foundation and a perfect location, this business presents incredible potential for expansion and growth. Whether you're looking to add more services, increase your customer base, or grow your investment portfolio, this car wash is an excellent opportunity for passive income. Don't miss your chance to invest in a thriving business with endless possibilities for future success!
MLS# 25000617

Courtesy Of Keller Williams Legacy Group

(859) 544-6175

Property Features

  • Architecture Style
    Other
  • Exterior Type
    Block
  • Lot Size
    0.46 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 516 Glades Road, Berea, KY 40403

Home seller CENTURY 21 Pinnacle

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CENTURY 21 Pinnacle

(859) 623-1900
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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $2,234
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,234

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Berea Community Elementary School

Grades PK-5 Public School

Berea, KY 40403 1 miles
2 pirate pkwy

490 total students
13:1 Student teacher ratio

School Rating: D

School Details

Foley Middle School

Grades 6-8 Public School

Berea, KY 40403 0.6 miles
275 glades rd

459 total students
16:1 Student teacher ratio

School Rating: A-

School Details

Berea Community Middle School

Grades 6-8 Public School

Berea, KY 40403 1 miles
1 pirate pkwy

285 total students
14:1 Student teacher ratio

School Rating: C

School Details

Madison Southern High School

Grades 9-12 Public School

Berea, KY 40403 0.6 miles
279 glades rd

1228 total students
19:1 Student teacher ratio

School Rating: A-

School Details

Berea Community High School

Grades 9-12 Public School

Berea, KY 40403 1 miles
1 pirate pkwy

348 total students
20:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Silver Creek Elementary School 0.6 miles Public PK-5 B-
Shannon Johnson Elementary School 0.7 miles Public PK-5 B+
Farristown Middle School 2.5 miles Public 6-8 A+
Kingston Elementary School 4.9 miles Public PK-5 B

Silver Creek Elementary School

Distance: 0.6 miles

Type Public

Grades: PK-5

B-

Shannon Johnson Elementary School

Distance: 0.7 miles

Type Public

Grades: PK-5

B+

Farristown Middle School

Distance: 2.5 miles

Type Public

Grades: 6-8

A+

Kingston Elementary School

Distance: 4.9 miles

Type Public

Grades: PK-5

B

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Berea, KY 40403

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Berea, KY 40403

This community’s employment is highest in the production occupations and administrative support industries. The area’s overall household expenses are below the national average.

87° July
Hottest Average Month
24° January
Coldest Average Month
10,486 Total Households in Area
4% Increase in population since the year 2010
35.9%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Berea, KY 40403

Berea, KY 40403 has a population of 27,225 people in 10,486 households with a median age of 36.4 years old.

4%
Increase in population
since the year 2010
Population is Trending up
9,910
Total households as of 2010
5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 36.4 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 90%
Hispanic 3%
Black 3%
Other 1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 90%, followed by Hispanic at 3%, Black at 3%, and Other at 1%.

Economics
for Berea, KY 40403

230 /sq mi
Population Density
$59,472 /yr
Median Household Income
$250,000
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 22.15% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 7%
  • Walk or Bike 6%
  • Public Transit 0%

Occupancy by Type

Owned 7,459 66%
Rented 3,027 27%
Vacant 799 7%

White vs Blue Collar Jobs







White Collar 67%
Blue Collar 33%

Family & Education Facts
for Berea, KY 40403

36.4 Median Age

Average Household Size

2.5
persons per
household

54.4%

Married Households

Community Population By Education

High School Graduate 31%
Some College 20%
Bachelors Degree 16%
Some High School 13%
Graduate Degree 10%
Associates Degree 9%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 31.35% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
35.9% of households have children

Weather
for Berea, KY 40403

The weather for this area ranges from a high of 87° F in July to a low of 24° F in January

87° July
Hottest Average Month
24° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
24°
44°
Feb
26°
48°
Mar
34°
57°
Apr
43°
68°
May
52°
76°
Jun
60°
84°
Jul
64°
87°
Aug
63°
86°
Sep
56°
80°
Oct
44°
70°
Nov
35°
57°
Dec
28°
47°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Berea, KY 40403!
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Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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