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Located at 250 S. Cherry Alley in Elizabethtown, PA, this investment opportunity features a freestanding building of +/- 2,683 square feet. 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.
| DAYS ON MARKET | 2 | LAST UPDATED | 1/29/2025 |
|---|---|---|---|
| TRACT | ELIZABETHTOWN | YEAR BUILT | 1960 |
| COMMUNITY | Elizabethtown Boro (10525) | COUNTY | LANCASTER |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | ELIZABETHTOWN AREA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Elizabethtown Boro (10525) |
| CONSTRUCTION | Brick, Other |
| HEAT | Heat Pump, Natural Gas |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Other |
| SEWER | Public Sewer |
| SUBDIVISION | ELIZABETHTOWN |
| TAXES | 5111 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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