$ 395,000
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$395,000
Price -
0
Bed -
0
Bath -
0
SqFt
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About the Listing BENWILBR3 - 3345625,3234174
Investment opportunity in Elizabethtown, PA, with a freestanding building of +/- 2,683 square feet, including +/- 1,300 square feet of space suitable for a partial owner-occupant or additional tenant. Located at 250 S. Cherry Alley, the property features a new roof and sealant installed in 2022 with a 10-year warranty. The building is anchored by a strong Papa John's Pizza tenant under a renewed five-year lease with two additional five-year options. The franchisee is one of the largest in the Papa John's system, providing a stable and reliable income stream. Zoned for Central Business District use, the property operates under a triple net lease structure with a 10% rent increase after the initial term. At a price of only $395,000, this well-maintained, freestanding building with a strong tenant in place is a rare find in Lancaster County.
Listing Highlights
Status
Active
Days on Site
371
Property Type
Commercial Sale
MLS ®
PALA2063494
Year Built
1960
Total Square Footage
0
Lot/Acreage
0.16
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Heat Pump(s)
- Fireplaces:
- Floor: Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 8
- Lot Dimensions: 0.00 x 0.00
- Zoning: CDB
- Roof: Rubber
- Others:
- Sewer: Public Sewer
- Parking Features: 4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,054
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
250 S Cherry Alley Elizabethtown, PA 17022
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