1. Pennsylvania
  2. Elizabethtown
  3. 250 S CHERRY ALY
$395,000

250 S CHERRY ALY, Elizabethtown, PA 17022

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 months ago

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. 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.

Listing Status:
Active
Listing Office:
Bennett Williams Realty, Inc. : 7178435555
Listing Agent:
Joshua Miller : 7173836647
MLS ID:
PALA2063494
  • Flooring: Concrete
  • A/C: Central A/C
  • Heating: Heat Pump(s)Natural Gas
  • Disability Feature: 2+ Access Exits32"+ wide DoorsOther

This listing courtesy of Joshua Miller, Bennett Williams Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mill Road Elementary School

35 Elm Ave, Elizabethtown, PA, 17022

Grades KG-3

0.98 miles away

E

Elizabethtown Area Middle School

600 E High St, Elizabethtown, PA, 17022

Grades 7-8

0.72 miles away

E

Elizabethtown Area High School

600 E High St, Elizabethtown, PA, 17022

Grades 9-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.