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250 S Cherry Alley Elizabethtown, PA $ 395,000
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$ 395,000 Get more info
250 S Cherry Alley
$ 395,000
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250 S Cherry Alley

Elizabethtown, PA, 17022
$ 395,000
Bedrooms-- Baths-- Sq 2,683

Monthly Estimate*

$ 2,464

250 S Cherry Alley, Elizabethtown, PA 17022 - Image 1
250 S Cherry Alley, Elizabethtown, PA 17022 - Image 2

Commercial Property for sale in Elizabethtown, PA

for $395,000. This 2,683 square foot building was built in 1960 on a lot size of 0.16.

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.

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Commercial Active

Price

$ 395,000

Property Type

Commercial

Taxes

$ 5,054

Style

Restaurant/Bar,,Auto Related

Lot Size

0.16

Year Built

1960

Town/City

Elizabethtown

County/Region

Lancaster

MLS | Web ID

PALA2063494
Features
Interior
Heating Fuel Natural Gas
Flooring Concrete
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Roof Rubber
Zoning CDB
Construction Materials Brick Masonry Other
Year Built 1960
Electric 200+ Amp Service
Property Subtype Retail
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality ELIZABETHTOWN BORO
Business Type Restaurant/Bar Other Auto Related
Accessibility 2+ Access Exits 32 + wide Doors Other
County LANCASTER
New Construction N
Property Type Commercial Sale
Subdivision Name ELIZABETHTOWN
Water Access Y/N N
Status ACTIVE
Directions 250 S Cherry Alley Elizabethtown PA
City ELIZABETHTOWN
Number Of Units Total 0
MLS Area Elizabethtown Boro (10525)
Lot Size Units Square Feet
Lot Size Square Feet 6970.00
Tax Annual Amount 5054.0
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Estimated
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Exterior
Water Source Public
Type of Parking Other
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.16
Lot Size Source Assessor
Waterfront Y/N N
Road Responsibility City/County
Land Assessed Value 70900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 250
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* Excluded Features
List By
Bennett Williams Realty, Inc.

Broker

jmiller@bennettwilliams.com

Email

Affordability Calculator

$2,885
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,464
Monthly Property Taxes
$421
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/28/2025$395,000 Listed Price

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250 S Cherry Alley, Elizabethtown, PA, 17022 is a Commercial Property for sale at $395,000 with 2,683 sqft and a lot size of 0.16. 250 S Cherry Alley was built in 1960. The property's zip code is 17022 which is in Elizabethtown, PA

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