PA > Elizabethtown > Elizabethtown
Elizabethtown, PA 17022,250 S CHERRY ALY
Elizabethtown, PA 17022,250 S CHERRY ALY
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David Burris

David Burris

+1(609) 304-4202
Listed by Joshua Miller • Bennett Williams Realty, Inc.
$ 395,000
Est. payment | /mo

6,970 Sqft Lot

Save
$ 395,000
Est. payment | /mo
Save

6,970 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Elizabethtown

MLS Listing ID PALA2063494

Year Built 1960

Annual Tax Amount $5,054

Tax Year 2025

Lot Size 6,970 Sqft

Acres 0.16

Lot Dimensions 0.00 x 0.00

Property Sub-Type Retail

Source BRIGHT

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.

Location

State PA

County Lancaster

Area Elizabethtown Boro (10525)

Zoning CDB

Interior

Hot Water Natural Gas

Heating Heat Pump(s)

Cooling Central A/C

Flooring Concrete

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Water Access N

Roof Type Rubber

Accessibility 2+ Access Exits, 32\"+ wide Doors, Other

Road Frontage City/County

Total Parking Spaces 8

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Elizabethtown Area

Others

Tax ID 250-16422-0-0000

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

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David Burris
David Burris

Agent | License ID: 1973254

+1(609) 304-4202

513 S Lenola Rd, Moorestown, NJ, 08057, United States

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250 S CHERRY ALY

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