250 S Cherry Alley • Elizabethtown, PA 17022

$395,000 Beds: 0 • Baths:Sq. Feet: 0 • MLS ID: PALA2063494 • Subdivision: ELIZABETHTOWN • School Dist: ELIZABETHTOWN AREA
Investment opportunity in Elizabethtown, PA, with a freestanding building of +/- 2,683 square feet, including +/- 1,300 square feet of space suitable for a partial owner-occupant or additional tenant. Located at 250 S. Cherry Alley, the property features a new roof and sealant installed in 2022 with a 10-year warranty. The building is anchored by a strong Papa John's Pizza tenant under a renewed five-year lease with two additional five-year options. The franchisee is one of the largest in the Papa John's system, providing a stable and reliable income stream. Zoned for Central Business District use, the property operates under a triple net lease structure with a 10% rent increase after the initial term. At a price of only $395,000, this well-maintained, freestanding building with a strong tenant in place is a rare find in Lancaster County. View this listing at: http://davidshometohome.com/mls=PALA2063494

Property Features

  • Taxes: $5,054
  • Roof Type: Rubber
  • Exterior: Brick,Masonry,Other
  • Lot Size: 0.16 Acres
  • Lot Dimensions: 0.16 Acre(S)
  • Heating: Heat Pump(s)
  • Fuel Type: Natural Gas
  • Cooling: Central A/C
  • Year Built: 1960
  • Water: Public
  • Sewer: Public Sewer
  • Municipality: ELIZABETHTOWN BORO
  • Accessibility: 2+ Access Exits,32"+ wide Doors,Other
  • Location Description: Downtown
  • Total Garage/Parking Spaces: 8
  • Flooring: Concrete
  • Electric Description: 200+ Amp Service

School Information

  • School District: ELIZABETHTOWN AREA
Printed March 05, 2026


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