215-457-2600
1516 N 5th St, Philadelphia, PA for Rent

$20.00-$21.00 USD /SF/yr

Office/Medical, Industrial - For Rent
1/23
800-5,000 SF | 6 Spaces

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


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

OVERVIEW

Billy Penn Studios is a modern business complex offering a wide range of flexible spaces : from 10,000 sq ft anchor suites to 500 sq ft private studios and coworking options. What was once a vacant factory has been reimagined into a dynamic hub for creative and professional businesses. This 180,000 sq ft adaptive reuse project spans multiple connected industrial buildings in Olde Kensington, Philadelphia — just minutes from Fishtown and Northern Liberties, with off-street parking available. Originally a lumber facility and later home to the Billy Penn Corporation’s aluminum operations, the property honors its past while serving the needs of today’s businesses. Key Features: - Full custom design build office fit-outs - Off-street parking options - Three story glass atrium lobby with original old-growth yellow pine beams - Freight & passenger elevators - Loading docks for shipping and logistics - Conference rooms, lounges, and coworking spaces - Kitchen and private plumbing options - High-tension electric (1-, 2-, and 3-phase / 208/120V) - On-site support team and mail/delivery coordination - Zoned and equipped for e-commerce and light industrial use Community & Flexibility: Tenants at Billy Penn Studios benefit from a diverse, engaged business community...with neighbors ranging from creative agencies and production teams to e commerce brands, wellness providers, real estate companies and more. Flexible lease terms allow businesses to grow and adapt over time within the same campus. Bonus Incentive: Located within a Keystone Innovation Zone (KIZ), the property offers eligible tenants access to tax credits and business incentives...a powerful potential and not extensively known about incentives for companies looking to take space and grow in Philadelphia. A Space That Grows With You Whether you're launching a startup, scaling your operations, or looking for a flagship Philly location, Billy Penn Studios offers a rare combination of historic architecture, modern infrastructure, and real community ... all within a property that is able to provide different space options to changing business needs or growth over time.

RENTAL DETAILS

SPACE AVAILABLE

800-5,000 SF

# OF SPACES

6

RENT RATE (MO)

$1.67-$1.75 USD /SF/mo

RENT RATE (YR)

$20.00-$21.00 USD /SF/yr

LEASE TYPE

Triple Net, Negotiable

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

180,000 SF

BUILDING CLASS

B

YEAR BUILT

1900

PARKING SPACES

100

LAND DETAILS

LAND ACRES

6 AC

LAND SF

261,360 SF

ZONING

ICMX

ASK ABOUT THIS PROPERTY

Tobias BiddleQuality Real EstateMore Info
215-457-2600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tobias BiddleQuality Real EstateMore Info
215-457-2600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.