Date
Details
Price
Change
Source
6/17/2025
Listed
$20
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$20
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Property Description
Since the early 1900s, this historic warehouse has been a cornerstone of Philadelphia's industrial heritage. Today, Billy Penn Studios is one of the city's most unique creative workspaces-offering 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
Full Property Details
Full Property Details for 1516 N 5th St
General
- Price: $20
- Status: Active
- Type: Commercial Lease
- Source: BrightMLSPhilly
- MLS ID: PAPH2495878
- Updated: 12/17/2025
- Added to Site: 215 day(s) ago
Business
- Business Type: Flex, Medical, Professional, Restaurant/Bar, Supermark
Rental Information
- Lease/Rent Term: 24 Months
- Rent Includes: Parking
Interior
- Flooring: Concrete, Ceramic Tile, Laminated
Additional Information
- Security/Safety: Sprinkler System - Indoor
Parking
- Total Spaces: 100
- Parking Features: Private
- Parking Type: Parking Lot
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: OLDE KENSINGTON
- Building Name: NONE AVAILABLE
- Cross Streets: Oxford
- Driving Directions: Main entrance is located on the west side of N 5th St. between Jefferson St and Oxford St.
- Location Details: Urban
Heating & Cooling
- Cooling Type: Heat Pump(s)
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Stone
- Roof: Flat
- Ceiling Height: 8' to 10', 10' to 12', 15' to 18', 18' to 24'
- Drive-In Doors: 2
- Drive-In Clearance: 8' to 12'
- # Loading Docks: 2
- Entry Floor Number: 1
- Elevator(s ): 2
- Stories/Levels: 5
- Building Size: 172742
- Aprox. Leasable: 140,000 Sq. Ft.
- Current Bldg. Use: Barber/Beauty, Commercial, Food & Beverage, Office, Printing, Professional Service, Retail, Warehouse
- Office: 140,000 Sq. Ft.
- Retail: 4,000 Sq. Ft.
- Year Built: 1950
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Property View: City
- Lot Size (Acres): 1.4
- Lot Size (Sq. Ft.): 60,855
- Lot Dimensions: 332.26 x 190.00
- Zoning: COMMERCIAL
- Lot Description: Private
Financial Considerations
- Tenant Pays: Common Area Maintenance, Electricity, Taxes
Disclosures and Reports
- Ownership: Other
Listed by Quality Real Estate-Broad St, Tobias Lee Biddle
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1516 N 5th St —
Tobias Lee Biddle
Quality Real Estate-Broad St
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1516 N 5th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Ludlow James R School 550 Master Street, Philadelphia, PA 19122 | K-8 | 0.2 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1516 N 5th St
Estimate the Cost
Estimate the Cost for 1516 N 5th St
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 1Total Bath
- 1,176Sq. Ft.
1516 N 5th Street, Philadelphia, PA 19122 (MLS# PAPH2495878) is a Commercial Lease property. 1516 N 5th Street is currently listed for $20 and was received on June 17, 2025. Want to learn more about 1516 N 5th Street? Do you have questions about finding other Commercial Lease real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.