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Listed by Joshua Miller • Bennett Williams Realty, Inc.

$395,000

Est. payment - /mo

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6,970 Sqft Lot

Active

250 S CHERRY ALY Elizabethtown, PA 17022

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Additional details

Alexandra DiFilippo

alex@alexdifilippo.com +1(856) 298-9699

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Elizabethtown

MLS Listing ID PALA2063494

Year Built 1960

Annual Tax Amount $5,054

Tax Year 2025

Lot Size 6,970 Sqft

Acres 0.16

Lot Dimensions 0.00 x 0.00

Property Sub-Type Retail

Source BRIGHT

Property Description

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.

Location

State PA

County Lancaster

Area Elizabethtown Boro (10525)

Zoning CDB

Interior

Hot Water Natural Gas

Heating Heat Pump(s)

Cooling Central A/C

Flooring Concrete

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Water Access N

Roof Type Rubber

Accessibility 2+ Access Exits, 32\"+ wide Doors, Other

Road Frontage City/County

Total Parking Spaces 8

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Elizabethtown Area

Others

Tax ID 250-16422-0-0000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Alexandra DiFilippo

Agent | License ID: 1646832

+1(856) 298-9699

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