250 S Cherry Alley
250 S Cherry Alley, Elizabethtown, PA 17022
For Sale, For Lease: $395,000
2,683 SF
250 S Cherry Alley
250 S Cherry Alley, Elizabethtown, PA 17022
For Sale, For Lease: $395,000
2,683 SF
Property Details
2,683 SF
Freestanding
$395,000
Single Tenant
S Market St: 7,000 VPD
3 Mile: 27,797
5 Mile: 40,934
7 Mile: 70,056
Existing
Project Description
SALE: Located at 250 S. Cherry Alley in Elizabethtown, PA, this investment opportunity features a freestanding building with 2,683 square feet on over a quarter-acre. 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.
LEASE: Located at 250 S. Cherry Alley in Elizabethtown, PA, this freestanding building includes a 1,300 square foot retail space available for lease. The property sits on a quarter-acre lot and
is zoned Central Business District (CBD), allowing for a variety of retail and commercial uses. The space is situated next door to Papa John’s Pizza, providing steady customer traffic and complementary co-tenancy. Off street parking is available, and the property is positioned within an established commercial area in Lancaster County.
Property Location:
Brokers