Elizabethtown, PA 17022,250 S CHERRY ALY
Elizabethtown, PA 17022,250 S CHERRY ALY
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$ 395,000
Est. payment | /mo

6,970 Sqft Lot


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$ 395,000
Est. payment | /mo
Save

6,970 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Elizabethtown

MLS Listing ID PALA2063494

Originating Board BRIGHT

Year Built 1960

Annual Tax Amount $5,111

Tax Year 2024

Lot Size 6,970 Sqft

Acres 0.16

Lot Dimensions 0.00 x 0.00

Property 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

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

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Joshua Miller • Bennett Williams Realty, Inc.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(302) 740-0111

hoviksellshomes@gmail.com

3801 Kennett Pike Suite D200, Greenville, Delaware, 19807, United States

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250 S CHERRY ALY