Property
Elizabethtown, PA 17022 250 S Cherry Alley
$395,000
Presented By: Bennett Williams Realty, Inc.
SQFT • 2,683
Home Details
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 and adjacent municipal parking with approximately 40 additional 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.
Presented By: Bennett Williams Realty, Inc.
Interior Features for 250 S Cherry Alley
Other Interior Features
Central Air Y/NYes
FlooringConcrete
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 250 S Cherry Alley
Accessibility2+ Access Exits, 32 + wide Doors, Other
Business TypeRestaurant/Bar, Other, Auto Related
CityELIZABETHTOWN
Construction MaterialsBrick, Masonry, Other
Cool FuelElectric
CoolingCentral A/C
CountyLANCASTER
Directions250 S Cherry Alley, Elizabethtown, PA
Electric200+ Amp Service
HeatingHeat Pump(s)
Location TypeDowntown
Lot Size Square Feet6970.00
Lot Size UnitsSquare Feet
MLS AreaElizabethtown Boro (10525)
ModificationTimestamp2025-02-27T01:53:00
MunicipalityELIZABETHTOWN BORO
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionSettlement
Property SubtypeRetail
Property TypeCommercial Sale
RoofRubber
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameELIZABETHTOWN
Tax Annual Amount5054.0
Tax Assessed Value178100.0
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1960
Year Built SourceEstimated
ZoningCDB
Exterior for 250 S Cherry Alley
Building Area Total0.00
Car Parking Spaces8
Land Assessed Value70900.00
Lot Dimensions0.00 x 0.00
Lot Size Acres0.16
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Road ResponsibilityCity/County
Total Loading Docks0
Total Parking Spaces8
Type of ParkingOther
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate