250 S CHERRY ALY
ELIZABETHTOWN, PA 17022
$395,000
Sq. Ft.: N/A
Type: Commercial
Listing #PALA2063494
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.
Listing Courtesy of: Bennett Williams Realty, Inc. (717) 843-5555
Property Features
County: LANCASTER-PA
Municipality: ELIZABETHTOWN BORO
Latitude: 40.14792
Longitude: -76.60291
MLS Area: Elizabethtown Boro (10525)
Subdivision: ELIZABETHTOWN
Directions: 250 S Cherry Alley, Elizabethtown, PA
Heating: Heat Pump(s)
Heating Fuel: Natural Gas
Cooling: Central A/C, Electric
Floors: Concrete
Water Heater: Natural Gas
Total Number of Units: 0
Accessibility: 2+ Access Exits, 32"+ wide Doors, Other
Is New Construction: No
Construction: Brick, Masonry, Other
Roof: Rubber
Septic or Sewer: Public Sewer
Electric: 200+ Amp Service
Has Garage: No
Parking Spaces: 8
Site Description: Downtown
Lot Size in Acres: 0.16
Lot Size in Sq. Ft.: 6,970
Dimensions: 0.00 x 0.00
Zoning: CDB
Building Total Area (Sq. Ft.): 0
Has Waterfront: No
Has Water Access: No
School District: ELIZABETHTOWN AREA
ListDate: 2025-01-28 00:00:00.0
Possession: Settlement
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1960
Status: Active
Tax Year: 2025
Tax Amount: $5,054
Ownership Interest: Fee Simple
Business Type: Restaurant/Bar, Other, Auto Related
$ per month
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at March 19, 2026, 11:49 PM ET
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