250 S Cherry Aly - Freestanding FOR SALE


Elizabethtown, PA 17022- Elizabethtown/Mt Joy
$395,000 USD
717-843-5555
250 S Cherry Aly, Elizabethtown, PA for Sale
$395,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

250 S Cherry Aly
Elizabethtown, PA 17022
Elizabethtown/Mt Joy


OVERVIEW

Located at 250 S. Cherry Alley in Elizabethtown, PA, this investment opportunity features a freestanding building with 2,683 square feet on over a quarter-acre. 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.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

(former Papa Johns Pizza delivery)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,147 SF

ZONING

CBD

APN/PARCEL ID

250-16422-0-0000

ASK ABOUT THIS PROPERTY

Joshua MillerBennett Williams CommercialMore Info
717-843-5555

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Joshua MillerBennett Williams CommercialMore Info
717-843-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.