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Located at 250 S. Cherry Alley in Elizabethtown, PA, this investment opportunity features a freestanding building of +/- 2,683 square feet. New roof and sealant installed in 2022 with 10-year warranty. There are 8 private parking spaces and adjacent municipal parking with approximately 40 additional spaces. Currently, it hosts Papa John's Pizza under a renewed five-year lease with two additional five-year options, showcasing stability and tenant commitment. Zoned for Central Business District use, this property operates under a triple net lease structure, with a 10% rent increase following the initial term. Priced at $395,000, this investment offers a stable return in Lancaster County.
Property Type(s):
Commercial
| Last Updated | 1/29/2025 | Tract | ELIZABETHTOWN |
|---|---|---|---|
| Year Built | 1960 | Community | Elizabethtown Boro (10525) |
| County | LANCASTER |
SCHOOLS
| School District | ELIZABETHTOWN AREA |
|---|
Additional Details
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Elizabethtown Boro (10525) |
| CONSTRUCTION | Brick, Other |
| HEAT | Heat Pump, Natural Gas |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Other |
| SEWER | Public Sewer |
| SUBDIVISION | ELIZABETHTOWN |
| TAXES | 5054 |
| WATER | Public |
Location
Listing provided by Bennett Williams Realty, Inc.
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2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/4/25 8:01 AM PDT
This IDX solution is (c) Diverse Solutions 2025.
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