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Billy Penn Studios 1516 N 5th St

455 - 28,103 SF of Space Available in Philadelphia, PA 19122

Highlights

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

all available spaces(7)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor, Ste 101
  • 2,300-12,000 SF
  • Negotiable
  • $28.00 /SF/YR $2.33 /SF/MO $336,000 /YR $28,000 /MO
  • Office/Retail
  • Full Build-Out
  • Now

Incredible newly built three story facility. Currently operating as another business but Landlord will make available for either Storefront option or full facility rental (we offer broker commissions). The option exists upcoming for the ability to rent the entire facility as a tenant for your client on a commercial lease, with the fit out cost included / amortized, as well as electric included. The space has a storefront retail entrance on 5th St. An amazing facility with a trophy fit out that pictures do not do justice. Per our building sq ft allocation parking spaces to be included. Landlord will provide option to modify to suit. Sq ft price is due to pre existing six figure fit out and inclusion of amenities and furniture.

  • Lease rate does not include utilities, property expenses or building services
  • 2 Conference Rooms
  • Finished Ceilings: 8’ - 17’
  • Central Air and Heating
  • Private Restrooms
  • 3 Kitchens with Appliances and Reverse Osmosis
  • AirThinx Air Quality Monitoring System
  • Private Bathrooms
  • 74 Private Offices
  • 100 Workstations
  • High End Trophy Space
  • Kitchen
  • Roofdeck
  • High Ceilings
  • Access Control + Commercial Grade Camera System
  • 1st Floor, Ste 115
  • 1,948 SF
  • Negotiable
  • $20.00 /SF/YR $1.67 /SF/MO $38,960 /YR $3,247 /MO
  • Office/Medical
  • Full Build-Out
  • Now
  • Lease rate does not include utilities, property expenses or building services
  • Finished Ceilings: 8’5”
  • Private Restrooms
  • Fully Built-Out as Standard Office
  • Central Air and Heating
  • Private double door to the street and private bath
  • 1st Floor - Parking : Commercial
  • 5,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • Full Build-Out
  • Now

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.

  • 3rd Floor, Ste 300
  • 2,300 SF
  • Negotiable
  • $20.00 /SF/YR $1.67 /SF/MO $46,000 /YR $3,833 /MO
  • Office
  • -
  • Now
  • Lease rate does not include utilities, property expenses or building services
  • 2 Private Offices
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • Finished Ceilings: 7’ - 9’
  • 3rd Floor, Ste 300A
  • 2,300-2,500 SF
  • Negotiable
  • $27.00 /SF/YR $2.25 /SF/MO $67,500 /YR $5,625 /MO
  • Office
  • Full Build-Out
  • Now

Amazing newly created unit in the building, between 2300 and 2500 sq ft depending on exact placement of demising walls. Space features beautiful kitchen, access to roofdeck (at no cost to tenant sq ft) numerous pre built offices and workstations. Ability for Landlord to modify to suit depending on tenant needs (offices can be combined, removed or modified). Sq Ft price includes "5 figure" office fit out, and Landlord modification of space.

  • Listed rate may not include certain utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • 1 Conference Room
  • Space is in Excellent Condition
  • Kitchen
  • Print/Copy Room
  • Closed Circuit Television Monitoring (CCTV)
  • Natural Light
  • Emergency Lighting
  • Fully Built-Out as Standard Office
  • 16 Private Offices
  • 20 Workstations
  • Central Air Conditioning
  • Wi-Fi Connectivity
  • Balcony
  • High Ceilings
  • After Hours HVAC Available
  • Basement
  • 3rd Floor, Ste 312
  • 1,800-3,900 SF
  • Negotiable
  • $19.00 /SF/YR $1.58 /SF/MO $74,100 /YR $6,175 /MO
  • Office/Medical
  • Full Build-Out
  • Now

Amazing 3900 sq ft upper portion and 3k sq ft lower elevation. Features it's own private bathrooms and showers, which can also be modified and removed. Kitchen in the space as well. Subdividable.

  • Lease rate does not include utilities, property expenses or building services
  • 1 Conference Room
  • High End Trophy Space
  • 5 Private Offices
  • Finished Ceilings: 9’ - 11’
  • 3rd Floor, Ste 317A
  • 455 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office/Medical
  • -
  • February 01, 2025

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.

Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 101 2,300-12,000 SF Negotiable $28.00 /SF/YR $2.33 /SF/MO $336,000 /YR $28,000 /MO Office/Retail Full Build-Out Now
1st Floor, Ste 115 1,948 SF Negotiable $20.00 /SF/YR $1.67 /SF/MO $38,960 /YR $3,247 /MO Office/Medical Full Build-Out Now
1st Floor - Parking : Commercial 5,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial Full Build-Out Now
3rd Floor, Ste 300 2,300 SF Negotiable $20.00 /SF/YR $1.67 /SF/MO $46,000 /YR $3,833 /MO Office - Now
3rd Floor, Ste 300A 2,300-2,500 SF Negotiable $27.00 /SF/YR $2.25 /SF/MO $67,500 /YR $5,625 /MO Office Full Build-Out Now
3rd Floor, Ste 312 1,800-3,900 SF Negotiable $19.00 /SF/YR $1.58 /SF/MO $74,100 /YR $6,175 /MO Office/Medical Full Build-Out Now
3rd Floor, Ste 317A 455 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office/Medical - February 01, 2025

1st Floor, Ste 101

Size
2,300-12,000 SF
Term
Negotiable
Rental Rate
$28.00 /SF/YR $2.33 /SF/MO $336,000 /YR $28,000 /MO
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

1st Floor, Ste 115

Size
1,948 SF
Term
Negotiable
Rental Rate
$20.00 /SF/YR $1.67 /SF/MO $38,960 /YR $3,247 /MO
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Floor - Parking : Commercial

Size
5,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Condition
Full Build-Out
Available
Now

3rd Floor, Ste 300

Size
2,300 SF
Term
Negotiable
Rental Rate
$20.00 /SF/YR $1.67 /SF/MO $46,000 /YR $3,833 /MO
Space Use
Office
Condition
-
Available
Now

3rd Floor, Ste 300A

Size
2,300-2,500 SF
Term
Negotiable
Rental Rate
$27.00 /SF/YR $2.25 /SF/MO $67,500 /YR $5,625 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor, Ste 312

Size
1,800-3,900 SF
Term
Negotiable
Rental Rate
$19.00 /SF/YR $1.58 /SF/MO $74,100 /YR $6,175 /MO
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

3rd Floor, Ste 317A

Size
455 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Medical
Condition
-
Available
February 01, 2025

1st Floor, Ste 101

Size 2,300-12,000 SF
Term Negotiable
Rental Rate $28.00 /SF/YR
Space Use Office/Retail
Condition Full Build-Out
Available Now

Incredible newly built three story facility. Currently operating as another business but Landlord will make available for either Storefront option or full facility rental (we offer broker commissions). The option exists upcoming for the ability to rent the entire facility as a tenant for your client on a commercial lease, with the fit out cost included / amortized, as well as electric included. The space has a storefront retail entrance on 5th St. An amazing facility with a trophy fit out that pictures do not do justice. Per our building sq ft allocation parking spaces to be included. Landlord will provide option to modify to suit. Sq ft price is due to pre existing six figure fit out and inclusion of amenities and furniture.

  • Lease rate does not include utilities, property expenses or building services
  • 74 Private Offices
  • 2 Conference Rooms
  • 100 Workstations
  • Finished Ceilings: 8’ - 17’
  • High End Trophy Space
  • Central Air and Heating
  • Kitchen
  • Private Restrooms
  • Roofdeck
  • 3 Kitchens with Appliances and Reverse Osmosis
  • High Ceilings
  • AirThinx Air Quality Monitoring System
  • Access Control + Commercial Grade Camera System
  • Private Bathrooms

1st Floor, Ste 115

Size 1,948 SF
Term Negotiable
Rental Rate $20.00 /SF/YR
Space Use Office/Medical
Condition Full Build-Out
Available Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Finished Ceilings: 8’5”
  • Central Air and Heating
  • Private Restrooms
  • Private double door to the street and private bath

1st Floor - Parking : Commercial

Size 5,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Condition Full Build-Out
Available Now

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.

3rd Floor, Ste 300

Size 2,300 SF
Term Negotiable
Rental Rate $20.00 /SF/YR
Space Use Office
Condition -
Available Now

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • 2 Private Offices
  • Finished Ceilings: 7’ - 9’
  • Space is in Excellent Condition

3rd Floor, Ste 300A

Size 2,300-2,500 SF
Term Negotiable
Rental Rate $27.00 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

Amazing newly created unit in the building, between 2300 and 2500 sq ft depending on exact placement of demising walls. Space features beautiful kitchen, access to roofdeck (at no cost to tenant sq ft) numerous pre built offices and workstations. Ability for Landlord to modify to suit depending on tenant needs (offices can be combined, removed or modified). Sq Ft price includes "5 figure" office fit out, and Landlord modification of space.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 16 Private Offices
  • 1 Conference Room
  • 20 Workstations
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Kitchen
  • Wi-Fi Connectivity
  • Print/Copy Room
  • Balcony
  • Closed Circuit Television Monitoring (CCTV)
  • High Ceilings
  • Natural Light
  • After Hours HVAC Available
  • Emergency Lighting
  • Basement

3rd Floor, Ste 312

Size 1,800-3,900 SF
Term Negotiable
Rental Rate $19.00 /SF/YR
Space Use Office/Medical
Condition Full Build-Out
Available Now

Amazing 3900 sq ft upper portion and 3k sq ft lower elevation. Features it's own private bathrooms and showers, which can also be modified and removed. Kitchen in the space as well. Subdividable.

  • Lease rate does not include utilities, property expenses or building services
  • 5 Private Offices
  • 1 Conference Room
  • Finished Ceilings: 9’ - 11’
  • High End Trophy Space

3rd Floor, Ste 317A

Size 455 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office/Medical
Condition -
Available February 01, 2025

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.

Property Overview

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.

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Conferencing Facility
  • Fenced Lot
  • Property Manager on Site
  • Restaurant
  • Kitchen
  • Storage Space
  • Basement
  • Hardwood Floors
  • Fiber Optic Internet

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1900/2020
Building Height
5 Stories
Building Size
180,000 SF
Building Class
B
Typical Floor Size
36,000 SF
Parking
100 Surface Parking Spaces

SELECT TENANTS

  • Floor
  • Tenant Name
  • Industry
  • 1st
  • A Second Chance Inc
  • Information
  • 3rd
  • Abco Glazing
  • Construction
  • 5th
  • Buckminster Green
  • Construction
  • 3rd
  • Complete Document Solutions
  • Services
  • 4th
  • Crown Mortgage
  • Real Estate
  • 2nd
  • DealMed
  • Professional, Scientific, and Technical Services
  • Multiple
  • Equilibria Psychological
  • Health Care and Social Assistance
  • 4th
  • Maestro Filmworks
  • Arts, Entertainment, and Recreation
  • 2nd
  • ReedTMS Logitiscs
  • Transportation and Warehousing
  • 3rd
  • Replica Creative
  • Services
Walk Score ®
Very Walkable (85)
Transit Score ®
Excellent Transit (80)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 21536305

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 1516 N 5th St, Philadelphia, PA 19122

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