Historic Flex Space with
New
For Lease
$20 SF/Yr
1516 N 5th St, Philadelphia, PA 19122
Renovated commercial suites support office, production, wellness, e-commerce, and other flexible business uses.
Space Size450 SF - 10,000 SF
Property Size180,000 SF
Days on Market2
Property Features for 1516 N 5th St
General Information
Standard status
Active
Size
450 SF - 10,000 SF
Net Rentable
450 SF
Elevators
Yes
Space & Availability
Available Space
450-10,000 SF
Space Use
Office
Warehouse & Industrial
Voltage
208 V
Three-Phase Power
Yes
Heavy Power
Yes
Additional Details
Flexible Term
Yes
Amenities
Passenger Elevator
Freight Elevator
Conference rooms and lounges
Plumbing & Kitchen options
Co Working Spaces Available
Building Details
Year Built
1950
Building Size
180,000 SF
Tenancy
Multi
Listing Agency:
Quality Real Estate-Broad St
(215) 457-2600
Listed By:
Tobias Lee Biddle · License #RM423970
Source:
Kandorre
Added: Aug 10
Changed: Aug 11
Last Checked: Aug 11 at 8:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Quality Real Estate-Broad St
Investment Insights
Based on property information with market context.
Renovated flex space at 1516 N 5th St combines original architectural details with updated commercial infrastructure. Suites range from 450 sq ft to 10,000, with options for custom office fit-outs, plumbing, kitchens, conference rooms, lounges, and coworking desks or offices. A three-story atrium, yellow pine beams, passenger elevator, freight elevator, loading docks, and off-street parking are part of the property’s configuration.
The building supports a varied mix of office, e-commerce, photography, production, wellness, business, and retail uses. Electrical service includes high-tension 3-phase power along with 1-, 2-, and 3-phase electric at 208 / 120. Flexible lease terms and an established tenant community add operating versatility for businesses seeking commercial space in Philadelphia.
The building supports a varied mix of office, e-commerce, photography, production, wellness, business, and retail uses. Electrical service includes high-tension 3-phase power along with 1-, 2-, and 3-phase electric at 208 / 120. Flexible lease terms and an established tenant community add operating versatility for businesses seeking commercial space in Philadelphia.
Key Highlights
- Suite options from 450 sq ft to 10,000
- Three‑story atrium with original yellow pine beams
- Passenger and freight elevators, loading docks, and off‑street parking
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Heavy power
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,940
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
Market
Lease Benchmarks for Philadelphia, PA
$12.7 /SF/Yr
Avg Asking Price
$6.7–$17 /SF/Yr
Price Range
9,386 SF
Avg Space Size
This space is priced 57% above the average of $12.7 /SF/Yr.
Vacancy Rate% for Office in Philadelphia, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Brûlée Catering — 1406 S Front St, Philadelphia, PA 19147
- Mike The Cook Catering — Philadelphia, PA 19148
- Esposito's Porchetta — 1627 S 10th St, Philadelphia, PA 19148
- Swan Caterers - Waterfall Room — 2015 S Water St, Philadelphia, PA 19148
- Philly Burrito Company — 947 federal st, philadelphia, pa 19147
Frequently Asked Questions
What type of property is this?
Flex space - Renovated commercial suites support office, production, wellness, e-commerce, and other flexible business uses.
Where is this flex space located?
The property is located at 1516 N 5th St Philadelphia, PA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Suite options from 450 sq ft to 10,000; Three‑story atrium with original yellow pine beams; Passenger and freight elevators, loading docks, and off‑street parking
