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Retail For Sale - 250 S CHERRY ALY, ELIZABETHTOWN, PA 17022

250 S CHERRY ALY, ELIZABETHTOWN, 17022, PA
Listing photo 2

Explore this Property

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# PALA2096288
Bennett Williams Realty, Inc.
Active For Sale Commercial
$395,000
Retail
Retail
1960 Year built
1 days on market

Property Features

Roof
Rubber
Type
CRE
Acres
0.16
Style
Other/General Retail
Cooling
Central A/C
Heating
Heat Pump(s)
Lot Size
0.00 x 0.00
Sub Type
Retail
Flooring
Concrete
Year Built
1960
Sub Type Text
Retail
Subdivision
ELIZABETHTOWN
Construction
Brick,Masonry,Other
Accessibility
2+ Access Exits,32"+ wide Doors,Other
Lot Size Area Units
Square Feet

Location

Directions: 250 S Cherry Alley, Elizabethtown, PA

Market Area: Elizabethtown Boro (10525)

Schools

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