Conventional Restaurant

Elizabethtown, PA Conventional Restaurants for Sale

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Mount Joy, PA Middletown, PA Manheim, PA
Freestanding Building with Strong Tenant
Updated: Mar 11
Freestanding Building with Strong Tenant

250 S CHERRY ALLEY, Elizabethtown, PA 17022

$395,000
2,683 sqft · 0.16 AC lot
Anchored by strong Papa John's Pizza tenant under a renewed five‑year lease.
Priced at $395,000, a rare investment opportunity in Lancaster County.
Freestanding building of +/- 2,683 square feet with +/- 1,300 square feet suitable for owner‑occupancy.
New roof and sealant installed in 2022 with a 10‑year warranty.
Triple net lease structure with a 10% rent increase after the initial term.
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Freestanding Restaurant NNN Building
Updated: Jan 28, 2025
Freestanding Restaurant NNN Building

250 S CHERRY Alley, Elizabethtown, PA 17022

$389,500
0.16 AC lot
Strong Papa John's tenant with renewed five‑year lease and two five‑year options, providing stable income.
Freestanding building in Elizabethtown, Lancaster County, a rare find at this price point.
New roof and sealant installed in 2022 with a 10‑year warranty.
Triple net lease structure with 10% rent increase after the initial term.
+\/- 1,300 square feet of space suitable for partial owner‑occupant or additional tenant.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Elizabethtown, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fully Renovated Freestanding Commercial Building
Fully Renovated Freestanding Commercial Building

3710 Walnut St, Harrisburg, PA 17109

$725,000
4,192 sqft · 0.50 AC lot

Turnkey, fully renovated freestanding building with ample parking and mixed-use flexibility on a high-visibility corridor.

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Restaurant Business with Hibachi Stations
Restaurant Business with Hibachi Stations

LEBANON, Lebanon, PA 17042

$260,000

Established sushi and hibachi concept offered as a business-only sale with included training and full operating equipment.

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Turn-Key Restaurant Business Opportunity
Turn-Key Restaurant Business Opportunity

LEBANON ( BUSINESS ONLY), Lebanon, PA 17042

$260,000

Turn-key restaurant business sale includes FFE, recipes, staff, and seller training for immediate operations.

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Restaurant with Liquor License For Sale
Restaurant with Liquor License For Sale

6200 Derry St, Harrisburg, PA 17111

Contact for pricing
4,100 sqft

4,100 SF restaurant with real estate, liquor license, F&E.

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Elizabethtown, PA Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Elizabethtown, PA on our real estate platform. These investment opportunities span a total of 2,683 square feet of properties for sale, with an estimated market value of $395,000.

Sale prices for conventional restaurants in Elizabethtown, PA start at $395,000, averaging $395,000, and reaching up to $395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

Demographics Overview

Population 32K
Population Growth (5Y) +4.9%
Median Household Income $79,075
College Educated 46.1%

High-Yield Neighborhoods for Investment

Identify Elizabethtown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
17022 $392.3K

Taxes & Financing

Tax Rate (average for all types) 2.56%
Property Tax per SF $47.58 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lancaster County

New Delisted

Total CRE Inventory on Market (SF)

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