250 S CHERRY ALY Elizabethtown, PA 17022
6,970 Sqft Lot
UPDATED:
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
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.
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
Realtor®, Team Leader | License ID: RS310609
+1(717) 606-2512 | claire@clairechivington.com