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Listed price in listed location currency (USD).
$395,000

000

MLS® PALA2063494

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage 
Taxes $5,054
Days Active 457
Lot Size 
Approx. Age 1960
MLS® Number PALA2063494

Property Address: 250 S Cherry Aly, ELIZABETHTOWN, PA, 17022-1998

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberPALA2063494
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
DrivewayOther
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 28, 2025List Date
$395,000List Price
  • Commute

Commute

Starting Address
Destination Address
250 S Cherry Aly, Elizabethtown, PA

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