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

$20.00-$35.00 USD /SF/yr

Office, Office/Medical, Industrial - For Rent
1/22
455-5,000 SF | 8 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 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.

RENTAL DETAILS

SPACE AVAILABLE

455-5,000 SF

# OF SPACES

8

RENT RATE (MO)

$1.67-$2.92 USD /SF/mo

RENT RATE (YR)

$20.00-$35.00 USD /SF/yr

LEASE TYPE

Triple Net, Negotiable, TBD

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

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Tobias BiddleQuality Real EstateMore Info
215-457-2600

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