Philadelphia, PA 19122 1516 N 5Th Street

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Presented By: Quality Real Estate-Broad St
  • MLS# PAPH2495878
  • 06/17/2025
  • Request Tour
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  • SQFT • 172,742

Home Details

Since the early 1900s, this historic warehouse has been a cornerstone of Philadelphias industrial heritage. Today, Billy Penn Studios is one of the citys most unique creative workspacesoffering flexible commercial suites for office, e-commerce, photography, production, wellness, and more. With over 180,000 SF of reimagined space, the building supports a wide range of use...featuring original character, modern infrastructure, and a dynamic community of forward-thinking tenants. The oldest sections were constructed in Olde Kensington in the early 1900s as a lumber facility. The building is named after former occupant the Billy Penn Corporation, operator of an an aluminum products facility at 1516 N 5th St for many years. The property has been renovated into into modern business and retail spaces for lease. We also offer co-working desks and offices at Billy Penn Desks. Billy Penn Studios features a stunning lobby with original old growth yellow pine beams, and a one of a kind 3 story atrium. Amenities and Features: Busines spaces ranging from 450 sq ft to 10,000 Diverse and engaged community Flexible lease terms Off Street Parking Custom Office Fit Outs Passenger Elevator Freight Elevator Loading Docks Conference rooms and lounges Plumbing & Kitchen options High Tension 3 Phase Power 1 , 2 and 3 Phase Electric (208 / 120) Co Working Spaces Available
Presented By: Quality Real Estate-Broad St

Interior Features for 1516 N 5Th Street

Other Interior Features

Retail SQFT4000
Clear Span Ceiling Height8' to 10', 10' to 12', 15' to 18', 18' to 24'
Central Air Y/NNo
FlooringConcrete, Ceramic Tile, Laminated
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Number of Elevators2
Total Stories5

Other Rooms

Office SQFT140000
Entry Level1

General for 1516 N 5Th Street

Accessibility32 + wide Doors, Elevator, Ramp - Main Level
Association Recreation FeeN
Availability Date2025-06-15
Building NameNONE AVAILABLE
Business TypeFlex, Medical, Professional, Restaurant/Bar, Supermarket/Grocery Store, Other
CityPHILADELPHIA
Construction MaterialsMasonry
CoolingHeat Pump(s)
CountyPHILADELPHIA
Current UseBarber/Beauty, Commercial, Food & Beverage, Office, Printing, Professional Service, Retail, Warehouse
DirectionsMain entrance is located on the west side of N 5th St. between Jefferson St and Oxford St.
Electric200+ Amp Service, 3 Phases, 220 Volts, 110 Volts, 120/240V
HeatingHeat Pump(s)
Leasable Area140000
Location TypeUrban
Lot Size Square Feet60855.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
ModificationTimestamp2025-06-17T23:04:25
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total0
Number of Units Leased52
Ok to Lease24 Months
Price Per Sq Ft Total AG0.0
Property ConditionExcellent
Property SubtypeOffice
Property TypeCommercial Lease
Rent IncludesParking
RoofFlat
Security FeaturesSprinkler System - Indoor
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameOLDE KENSINGTON
Tenant PaysCommon Area Maintenance, Electricity, Taxes
TransportationBus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Year Built1950
Year Built SourceAssessor
ZoningCOMMERCIAL

Exterior for 1516 N 5Th Street

Building Area Total172742.00
Car Parking Spaces100
Fencing Y/NN
Foundation DetailsStone
Lot Dimensions332.26 x 190.00
Lot FeaturesPrivate
Lot Size Acres1.40
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesPrivate
Total Loading Docks2
Total Parking Spaces100
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $20
MLS#PAPH2495878
List Date 06/17/2025
Property Type Commercial
Phone 703.929.4729
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