250 S Cherry Aly
$395,000
250 S Cherry Aly, Elizabethtown, Pa 17022
1960
Year Built
CDB
Zoning
Details:
Highlights:
- Days on Market: 9
- Heating: Heat Pump(s)
Description:
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.
Location
Gallery
