About 250 S Cherry Aly
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.
Features of 250 S Cherry Aly
| MLS® # | PALA2063494 |
|---|---|
| Price | $395,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,683 |
| Acres | 0.16 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 250 S Cherry Aly |
|---|---|
| Area | Elizabethtown Boro (10525) |
| Subdivision | ELIZABETHTOWN |
| City | ELIZABETHTOWN |
| County | LANCASTER-PA |
| State | PA |
| Municipality | ELIZABETHTOWN BORO |
| Zip Code | 17022 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Heat Pump(s) |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|---|
| Roof | Rubber |
School Information
| District | ELIZABETHTOWN AREA |
|---|
Additional Information
| Date Listed | January 28th, 2025 |
|---|---|
| Days on Market | 271 |
| Zoning | CDB |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Bennett Williams Realty, Inc. |
|---|---|
| Contact Info | 7178435555 |