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Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $5,054
Days Active 143
Approx. Age 1960
MLS® Number PALA2063494

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 and adjacent municipal parking with approximately 40 additional 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.Show Description
MLS® NumberPALA2063494
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1960
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump(s), Natural Gas
A/CCentral A/C, Electric
Heating Fuel

Extras

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