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250 S CHERRY ALLEY Elizabethtown, PA 17022

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For Sale
$395,000

Freestanding building with Papa John's tenant in Elizabethtown, PA.

Type:Commercial/Industrial
Property size:
2,683 SF
Lot size:
0.16 Acres
Added:
Mar 11, 2026
Days on Market:
23
Last Refresh:
Mar 27 at 12:25 am

Property Features for 250 S CHERRY ALLEY

General Information

Standard status
Active
Size
2,683 SF
Lot size
0.16 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1960

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Listing Contact
Joshua Miller
Joshua Miller

Listing agent Joshua Miller License #RS365967

Listing office Bennett Williams Realty, Inc.

Listing date Mar 11, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Bennett Williams Realty, Inc.


Overview

Freestanding Building with Strong Tenant

Located in Elizabethtown, PA, this investment opportunity features a freestanding building with approximately 2,683 square feet. The property includes around 1,300 square feet of space suitable for a partial owner-occupant or an additional tenant. The building, situated at 250 S. Cherry Alley, benefits from a new roof and sealant installed in 2022, which comes with a 10-year warranty. The property is anchored by a 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. Zoned for Central Business District use, the property operates under a triple net lease structure, which includes a 10% rent increase after the initial term. This well-maintained building with a strong tenant is located in Lancaster County.
Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Elizabethtown
County
Lancaster
State
Pennsylvania
Longitude
-76.6029
Latitude
40.1479

FAQs

What type of property is this?
Conventional restaurant - Freestanding building with Papa John's tenant in Elizabethtown, PA.
Where is this conventional restaurant located?
The property is located at 250 S CHERRY ALLEY Elizabethtown, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 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.
More about this property
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