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Historic Creative Office Studios

1516 N 5TH Street Philadelphia, PA 19122

1516 N 5TH Street, Philadelphia, PA, 19122
$300,000/Mo
For Lease
Claim this Listing
$20 SF/Yr $300,000/Mo (calc)

CommercialLease - PHILADELPHIA, PA

Property Size180,000 SF
Lot Size1.40 Acres
AddedJun 17, 2025
Days on Market393
Last RefreshJul 14 at 9:06 pm

Property Features for 1516 N 5TH Street

General Information

Property type
Other
Property subtype
Office
Parking
100
Parking features
Parking Lot
Standard status
Active
Lot size
1.40 Acres

Utilities

Heating system
Heat Pump (Heating)
Cooling system
Heat Pump

Building Details

Year built
1950
Building materials
Masonry

Listing agent Tobias Lee Biddle License #RM050948A

Listing office Quality Real Estate-Broad St 4823 N Broad Street, Philadelphia, PA

Listing date Jun 17, 2025

MLS# PAPH2495878

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This renovated historic warehouse has been converted into Billy Penn Studios, providing flexible commercial space for office, e-commerce, photography, production, and wellness, among other concepts. Suites range from 450 square feet to 10,000 square feet, and the building also offers co-working desks and offices. The lobby features original old growth yellow pine beams, and a distinctive three-story atrium adds character to the interior layout. The space includes conference rooms and lounges, with plumbing and kitchen options available for compatible tenants. Building power is described as high tension three-phase with options including 1, 2, and 3 phase electricity (208/120).

The property is located at 1516 N 5th Street in Philadelphia, Pennsylvania, and includes original early-1900s construction elements tied to its history as a lumber facility in Olde Kensington. The campus includes off-street parking and is served by both passenger and freight elevators, along with loading docks for move-in and operations that require freight access.

Suites at Billy Penn Studios are designed for tenants who need adaptable office space and the ability to tailor their interiors, supported by custom office fit-outs and flexible lease terms. Tenant use is supported across a range of creative and business-oriented activities, making the property well-suited for teams that want a workspace with on-site collaboration areas, practical building services, and convenient vertical access for personnel and goods.

Key Highlights

  • Unique creative workspace in a historic, renovated warehouse with original character and modern infrastructure.
  • Flexible commercial suites available, ranging from 450 sq ft to 10,000 sq ft, suitable for diverse business needs.
  • Amenities include off‑street parking, conference rooms, lounges, loading docks, and passenger/freight elevators.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

WeBuyHouses.com Philadelphia Real Estate Agency Perla Cafe Restaurant Nosey Palate Bar & Pub Spire Abstract Title Company Billy Penn Studios Business Service Center

Suggested Use

Law Firm (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store Accounting Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Auto Parts Store Arcade & Gaming Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Creative space - Renovated warehouse offers flexible creative suites plus coworking options, with freight and passenger elevators and loading docks.
Where is this creative space located?
The property is located at 1516 N 5TH Street Philadelphia, PA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Unique creative workspace in a historic, renovated warehouse with original character and modern infrastructure.; Flexible commercial suites available, ranging from 450 sq ft to 10,000 sq ft, suitable for diverse business needs.; Amenities include off‑street parking, conference rooms, lounges, loading docks, and passenger/freight elevators.
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