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1516 N 5th St
Philadelphia, PA 19122 North Philadelphia East

$3,833 USD/MO

Office For Lease  •  455+ SF

Property Details

  • Property Type Office
  • Year Built 1900
  • Total Building Size 180,000 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning ICMX
80 Transit Score
84 Walk Score

8 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 115 Medical Office 1,948 SF $20.00 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
1st Floor Ste Parking : Commercial Industrial 5,000 SF Rate Upon Request
Large amount of space for commercial parking opportunity, Being vacated in 60 days by large commercial fleet tenant. Rent is $200 a month per parking spot.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet
3rd Floor Ste Medical Office 500 SF $35.00 USD/SF/YR
New 500 sq ft spaces. Flat fee of $1400 - $1600 a month!

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
3rd Floor Ste 300 Office 2,300 SF $20.00 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
3rd Floor Ste 317A Medical Office 455 SF Rate Upon Request
New 400 sq ft units. Total flat fee including all operating expenses for $1400 - $1600 a month.  Includes kitchenette and plumbing options. High ceilings with restored trusses.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Standard Office
  • Space Type: Relet
4th Floor Ste 403 Medical Office 1,424 SF $20.00 USD/SF/YR
Amazing historic brick wall 1400 sq ft space. Features an in unit kitchen, and 4 windows.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
4th Floor Ste 406 Medical Office 800 SF $21.00 USD/SF/YR
Amazing beautiful space with historic restored factory windows, exposed beams and brick. Truly stunning and one of the top spaces within Billy Penn Studios.

  • Date available: May 2025
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
5th Floor Ste 502 Medical Office 2,132 SF $21.00 USD/SF/YR
Absolutely incredible office space with a high end paid off fit out, featuring extensive steel and glass...and an incredible view of the Philadelphia skyline. Also features it's own kitchen.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet

Description

Billy Penn Studios is a commercial business complex, featuring spaces ranging from 10k sq ft to 500 sq ft office studios, and coworking. Formerly a vacant factory this adaptive reuse project that has transformed a complex of adjacent industrial buildings totaling 180,000 sq ft in Olde Kensington, Philadelphia. Originally a lumber facility, the building is named after its former occupant the Billy Penn Corporation, which operated an aluminum facility at 1516 N 5th St for many years. Today, the property offers modern business and retail spaces for lease with a wide range of amenities and features.  Conveniently located nearby to Fishtown and Northern Liberties, with OFF STREET PARKING OPTIONS!

One of the standout features of Billy Penn Studios is its stunning lobby with original old growth yellow pine beams, and a one-of-a-kind three-story atrium that adds to the building's character and modern charm. Additionally, businesses can take advantage of the diverse and engaged business community, flexible lease terms, and off-street parking. Other notable features include design build custom office fit-outs, passenger and freight elevators, loading docks, conference rooms and lounges, plumbing and kitchen options, high tension power with 1, 2 and 3 phase electric (208/120), and co-working spaces that are available for use. The building also has relationships with mail delivery services and is suitable and set up for e commerce business operations. 

Another advantage of Billy Penn Studios is its location within a Keystone Innovation Zone, which offers tax credits and other incentives to businesses that operate within the designated zone. This program can be a significant benefit for businesses looking to establish themselves in the area.

Overall, Billy Penn Studios offers an exciting opportunity for businesses to lease modern, adaptable spaces with a blend of historic charm and contemporary amenities. With its diverse community and flexible lease terms, the building can accommodate a wide range of businesses, from startups to established enterprises.

Highlights

Parking: Off Street Parking
Design Build : Internal Fit Out / Office Construction Options
Various Unit sizes from 500 to 10k sq ft
Conference Rooms
Loading Docks / eCommerce capability
Event Spaces and Business Networking Events

Property Flyers

Amenities

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Conferencing Facility
  • Fenced Lot
  • Food Service
  • Property Manager on Site
  • Restaurant
  • Skylights
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet

Major Tenants

Tenant SF Occupied Lease End Date
A Second Chance Inc
Abco Glazing
Buckminster Green
Complete Document Solutions
DealMed
Equilibria Psychological
Foxglove Communications
Maestro Filmworks
Replica Creative
Werner Trucking

Public Transportation

Commuter RailDriveWalkDistance
Temple University (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 3 min 14 min 0.7 mi
North Broad (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 5 min - 1.7 mi
Transit/SubwayDriveWalkDistance
Girard Av & 5Th St (63rd-Girard to Richmond-Westmorelnd - SEPTA) 2 min 6 min 0.3 mi
Girard Av & 4Th St (63rd-Girard to Richmond-Westmorelnd - SEPTA) 1 min 8 min 0.4 mi
Girard Av & 3Rd St (63rd-Girard to Richmond-Westmorelnd - SEPTA) 1 min 9 min 0.5 mi
Girard Av & 7Th St (63rd-Girard to Richmond-Westmorelnd - SEPTA) 2 min 9 min 0.5 mi
Girard Av & 8Th St (63rd-Girard to Richmond-Westmorelnd - SEPTA) 2 min 11 min 0.6 mi
AirportDriveWalkDistance
Philadelphia International 24 min - 13.2 mi
Trenton Mercer 49 min - 32.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes
Tobias Biddle 215-457-2600 Quality Real Estate
Tobias Biddle 215-457-2600 Quality Real Estate