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About This Home
This 0-bedroom, 0-bathroom commercial at 250 S CHERRY Alley in Elizabethtown, PA is listed for $395,000. Built in 1960, on a 0.16 acres lot.
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.
Key Features
- Built in 1960
- 0.16 acre lot
- 8 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,113/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
250 S CHERRY Alley
Elizabethtown, PA 17022
ELIZABETHTOWN
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 250 S CHERRY Alley is listed at $395,000. The estimated monthly payment is $1,712 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 0.16 acre lot, 8 parking spaces.
This property is listed by Joshua Miller and can be reached at 7173836647 or jmiller@bennettwilliams.com.