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250 S Cherry Alley

ELIZABETHTOWN, PA 17022
  • $395,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: PALA2063494
UPDATED: 44 min ago
$395,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Ratings & Info

School District:

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.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-11T12:54:06.85.
www.yorkhomes.net/homes/159817257
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250 S Cherry Alley ELIZABETHTOWN, PA 17022

  • Price: $395,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 44 min ago
  • ID#: PALA2063494
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1960
Built
Neighborhood:
Elizabethtown
County:
Lancaster
Area:
Elizabethtown Boro (10525)
School District:
Elizabethtown Area
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.
Exterior Features

Construction Materials BrickMasonryOther Garage YN No Location Type Downtown Parking Types Other Road Responsibility City/County Roof Rubber Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Flooring Concrete Heating Heat Pump(s) Heating YN Yes Net Square Feet 2683.00

Property Features

Accessibility Features 2+ Access Exits32"+ wide DoorsOther Central Air YN Yes Cooling Fuel Electric Electric 200+ Amp Service Heating Fuel Natural Gas Hot Water Natural Gas Municipality ELIZABETHTOWN BORO Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 803594892158 Ownership Interest Fee Simple Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 5111.00 Vacation Rental YN No Water Source Public Zoning CDB

Listing courtesy of Bennett Williams Realty, Inc.: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-11T12:54:06.85.
 
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Jim Powers Team- Berkshire Hathaway Home Services Homesale Realty
2525 Eastern Blvd.
York PA, 17402