250 S CHERRY Alley, Elizabethtown, PA 17022

Building Details

Year built

1960

Building materials

Brick, Masonry

Listing agent Joshua Miller License #RS365967 Show Phone

Listing office Bennett Williams Realty, Inc. b***@bennettwilliams.com 3528 Concord Road, York, PA Show Phone

Listing date Jan 28, 2025

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MLS# PALA2063494

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This commercial property in Elizabethtown, PA, presents an investment opportunity with a freestanding building of approximately 2,683 square feet. Approximately 1,300 square feet of the building is suitable for a partial owner-occupant or an additional tenant. The property, located at 250 S. Cherry Alley, features a new roof and sealant installed in 2022, which comes with a 10-year warranty. The building is anchored by a Papa John's Pizza tenant under a renewed five-year lease that includes two additional five-year options. The franchisee is one of the largest in the Papa John's system. The property is zoned for Central Business District use and operates under a triple net lease structure with a 10% rent increase after the initial term. The lot size is 0.16 acres.

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

-76.60291

Latitude

40.14792

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FAQs

What type of property is this?

Turn key restaurant - Freestanding building with strong tenant in Elizabethtown, PA.

Where is this turn key 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: 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.