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2651 Wheatsheaf Lane , Philadelphia, PA 19137

$749,000
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Pending
MLS#PAPH2545596
STATUSPENDING PROPERTY TYPECommercial - Business SUBDIVISIONPORT RICHMOND SCHOOLPHILADELPHIA CITY
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Property Description

This is a fully leased Industrial Outdoor Storage (IOS) parcel, leased to a tow operator. The 5 year NNN lease states that tenant pays property taxes. Landlord pays liability insurance ($675/yr). The 5-year NNN lease started April 2024 and has a Renewal option at landlord’s set rent for 5 years. Expenses: Tenant pays taxes, insurance, maintenance, utilities, snow removal, etc. This is a turnkey passive income play with built-in rent growth, perfect for 1031 buyers or investors who want simple mailbox money. In-place Cap Rate 8.6% cap rate.

2651 Wheatsheaf Lane | MLS# PAPH2545596

This commercial property located at 2651 Wheatsheaf Lane , Philadelphia, PA 19137 is currently listed for sale with an asking price of $749,000. Wheatsheaf Lane is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.mikenelsonrealtor.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.85 Acres
Taxes: $15,397
Year Built: 2025

Feature Descriptions

Location: Downtown
Lot Dimensions: 0.85 Acre(S)
Municipality: PHILADELPHIA
Total Garage/Parking Spaces: 0

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Keller Williams Main Line
Agency Phone: 6105200100

Shown By

Agent Name: Mike & Monica Nelson Team
Agent Phone: Cell: (410) 627-9990
Agency Title: Berkshire Hathaway HomeServices Homesale Realty

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 12:02:00 AM EST) or Bright MLS (last updated Tue 03/03/2026 11:58:15 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Mike & Monica Nelson Team
Licensed in Maryland & Pennsylvania: Michael Nelson, Monica Nelson, Sherry Nally
Licensed in Maryland: Luke Nelson 

16 Greenmeadow Drive, Suite 300, Timonium, MD 21093
410-561-0044

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