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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.
| DAYS ON MARKET | 385 | LAST UPDATED | 2/3/2026 |
|---|---|---|---|
| TRACT | ELIZABETHTOWN | YEAR BUILT | 1960 |
| COMMUNITY | Elizabethtown Boro (10525) | COUNTY | LANCASTER |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | ELIZABETHTOWN AREA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Elizabethtown Boro (10525) |
| CONSTRUCTION | Brick, Other |
| HEAT | Heat Pump, Natural Gas |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Other |
| SEWER | Public Sewer |
| SUBDIVISION | ELIZABETHTOWN |
| TAXES | 5054 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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