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Highlights

  • Parking: Off Street Parking
  • Various Unit sizes from 500 to 10k sq ft
  • Loading Docks / eCommerce capability
  • Design Build : Internal Fit Out / Office Construction Options
  • Conference Rooms
  • Event Spaces and Business Networking Events

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor - Parking : Commercial
  • 5,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • Full Build-Out
  • Now

Large amount of space for commercial parking opportunity, Being vacated in 60 days by large commercial fleet tenant. Rent is $200 a month per parking spot.

Space Size Term Rental Rate Space Use Build-Out Available
1st Floor - Parking : Commercial 5,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial Full Build-Out Now

1st Floor - Parking : Commercial

Size
5,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now
Spaces are matched based on search filters: space use, price, and size
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste 116
  • 1,426 SF
  • 2 Years
  • $21.00 /SF/YR $1.75 /SF/MO $29,946 /YR $2,496 /MO
  • Office/Medical
  • Full Build-Out
  • September 01, 2026

Fully fit out 1st floor space with door / landing to the street. Features a private bathroom, kitchen, reception area and three private offices / conference room.

  • Lease rate does not include utilities, property expenses or building services
  • 1 Conference Room
  • 3 Private Offices
  • 1st Floor - Parking : Commercial
  • 5,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • Full Build-Out
  • Now

Large amount of space for commercial parking opportunity, Being vacated in 60 days by large commercial fleet tenant. Rent is $200 a month per parking spot.

  • 2nd Floor, Ste 209
  • 971 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office/Medical
  • Partial Build-Out
  • Now

Features an open layout with an industrial brick wall painted white, and a kitchenette.

  • Partially Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 3rd Floor, Ste 301
  • 3,750 SF
  • Negotiable
  • $21.00 /SF/YR $1.75 /SF/MO $78,750 /YR $6,563 /MO
  • Office/Medical
  • Full Build-Out
  • Now

Amazing Bi Level Space. Featuring ample windows on two sides, and a roofdeck...lots of natural light. Features extensive electric throughout the space, previously installed for the departing tenant. Private office built and large kitchen. Ability to have custom fit out design upcoming, see our attached plans for what we intend to build in the space if a tenant does not arise.

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • 1 Conference Room
  • Wi-Fi Connectivity
  • Corner Space
  • After Hours HVAC Available
  • Basement
  • Skyline View
  • Roofdeck
  • Fully Built-Out as Standard Office
  • 1 Private Office
  • Central Air and Heating
  • Balcony
  • Natural Light
  • Atrium
  • Hardwood Floors
  • Extensive Custom Electric (1, 2 and 3 Phase)
  • Private Office + Kitchen
  • 3rd Floor, Ste 316C
  • 450 SF
  • Negotiable
  • $41.00 /SF/YR $3.42 /SF/MO $18,450 /YR $1,538 /MO
  • Office/Medical
  • Partial Build-Out
  • Now

Beautiful corner space, ~450 sq ft and has a flat fee of $1600 per month including everything (aside from cleaning).

  • Listed lease rate plus proportional share of cleaning costs
  • Mostly Open Floor Plan Layout
  • Partially Built-Out as Standard Office
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste 116 1,426 SF 2 Years $21.00 /SF/YR $1.75 /SF/MO $29,946 /YR $2,496 /MO Office/Medical Full Build-Out September 01, 2026
1st Floor - Parking : Commercial 5,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial Full Build-Out Now
2nd Floor, Ste 209 971 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office/Medical Partial Build-Out Now
3rd Floor, Ste 301 3,750 SF Negotiable $21.00 /SF/YR $1.75 /SF/MO $78,750 /YR $6,563 /MO Office/Medical Full Build-Out Now
3rd Floor, Ste 316C 450 SF Negotiable $41.00 /SF/YR $3.42 /SF/MO $18,450 /YR $1,538 /MO Office/Medical Partial Build-Out Now

1st Floor, Ste 116

Size
1,426 SF
Term
2 Years
Rental Rate
$21.00 /SF/YR $1.75 /SF/MO $29,946 /YR $2,496 /MO
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
September 01, 2026

1st Floor - Parking : Commercial

Size
5,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now

2nd Floor, Ste 209

Size
971 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Medical
Build-Out
Partial Build-Out
Available
Now

3rd Floor, Ste 301

Size
3,750 SF
Term
Negotiable
Rental Rate
$21.00 /SF/YR $1.75 /SF/MO $78,750 /YR $6,563 /MO
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
Now

3rd Floor, Ste 316C

Size
450 SF
Term
Negotiable
Rental Rate
$41.00 /SF/YR $3.42 /SF/MO $18,450 /YR $1,538 /MO
Space Use
Office/Medical
Build-Out
Partial Build-Out
Available
Now

1st Floor, Ste 116

Size 1,426 SF
Term 2 Years
Rental Rate $21.00 /SF/YR
Space Use Office/Medical
Build-Out Full Build-Out
Available September 01, 2026

Fully fit out 1st floor space with door / landing to the street. Features a private bathroom, kitchen, reception area and three private offices / conference room.

  • Lease rate does not include utilities, property expenses or building services
  • 3 Private Offices
  • 1 Conference Room

1st Floor - Parking : Commercial

Size 5,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out Full Build-Out
Available Now

Large amount of space for commercial parking opportunity, Being vacated in 60 days by large commercial fleet tenant. Rent is $200 a month per parking spot.

2nd Floor, Ste 209

Size 971 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office/Medical
Build-Out Partial Build-Out
Available Now

Features an open layout with an industrial brick wall painted white, and a kitchenette.

  • Partially Built-Out as Standard Office
  • Mostly Open Floor Plan Layout

3rd Floor, Ste 301

Size 3,750 SF
Term Negotiable
Rental Rate $21.00 /SF/YR
Space Use Office/Medical
Build-Out Full Build-Out
Available Now

Amazing Bi Level Space. Featuring ample windows on two sides, and a roofdeck...lots of natural light. Features extensive electric throughout the space, previously installed for the departing tenant. Private office built and large kitchen. Ability to have custom fit out design upcoming, see our attached plans for what we intend to build in the space if a tenant does not arise.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 1 Private Office
  • 1 Conference Room
  • Central Air and Heating
  • Wi-Fi Connectivity
  • Balcony
  • Corner Space
  • Natural Light
  • After Hours HVAC Available
  • Atrium
  • Basement
  • Hardwood Floors
  • Skyline View
  • Extensive Custom Electric (1, 2 and 3 Phase)
  • Roofdeck
  • Private Office + Kitchen

3rd Floor, Ste 316C

Size 450 SF
Term Negotiable
Rental Rate $41.00 /SF/YR
Space Use Office/Medical
Build-Out Partial Build-Out
Available Now

Beautiful corner space, ~450 sq ft and has a flat fee of $1600 per month including everything (aside from cleaning).

  • Listed lease rate plus proportional share of cleaning costs
  • Partially Built-Out as Standard Office
  • Mostly Open Floor Plan Layout

Property Overview

Billy Penn Studios is a modern business complex offering a wide range of flexible spaces : from 10,000 sq ft anchor suites to 500 sq ft private studios and coworking options. What was once a vacant factory has been reimagined into a dynamic hub for creative and professional businesses. This 180,000 sq ft adaptive reuse project spans multiple connected industrial buildings in Olde Kensington, Philadelphia — just minutes from Fishtown and Northern Liberties, with off-street parking available. Originally a lumber facility and later home to the Billy Penn Corporation’s aluminum operations, the property honors its past while serving the needs of today’s businesses. Key Features: - Full custom design build office fit-outs - Off-street parking options - Three story glass atrium lobby with original old-growth yellow pine beams - Freight & passenger elevators - Loading docks for shipping and logistics - Conference rooms, lounges, and coworking spaces - Kitchen and private plumbing options - High-tension electric (1-, 2-, and 3-phase / 208/120V) - On-site support team and mail/delivery coordination - Zoned and equipped for e-commerce and light industrial use Community & Flexibility: Tenants at Billy Penn Studios benefit from a diverse, engaged business community...with neighbors ranging from creative agencies and production teams to e commerce brands, wellness providers, real estate companies and more. Flexible lease terms allow businesses to grow and adapt over time within the same campus. Bonus Incentive: Located within a Keystone Innovation Zone (KIZ), the property offers eligible tenants access to tax credits and business incentives...a powerful potential and not extensively known about incentives for companies looking to take space and grow in Philadelphia. A Space That Grows With You Whether you're launching a startup, scaling your operations, or looking for a flagship Philly location, Billy Penn Studios offers a rare combination of historic architecture, modern infrastructure, and real community ... all within a property that is able to provide different space options to changing business needs or growth over time.

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Controlled Access
  • Commuter Rail
  • Conferencing Facility
  • Fenced Lot
  • Floor Drains
  • Food Service
  • Mezzanine
  • Property Manager on Site
  • Restaurant
  • Signage
  • Skylights
  • Roof Terrace
  • Storage Space
  • Recessed Lighting
  • Air Conditioning
  • Fiber Optic Internet

Property Facts

Building Type
Office
Year Built/Renovated
1900/2020
Building Height
5 Stories
Building Size
180,000 SF
Building Class
B
Typical Floor Size
36,000 SF
Parking
100 Surface Parking Spaces

Select Tenants

  • Floor
  • Tenant Name
  • Industry
  • 1st
  • A Second Chance Inc
  • Information
  • 5th
  • Buckminster Green
  • Construction
  • 3rd
  • Complete Document Solutions
  • Services
  • 2nd
  • DealMed
  • Professional, Scientific, and Technical Services
  • Multiple
  • Equilibria Psychological
  • Health Care and Social Assistance
  • 3rd
  • Foxglove Communications
  • Accommodation and Food Services
  • 4th
  • Maestro Filmworks
  • Arts, Entertainment, and Recreation
  • 3rd
  • Replica Creative
  • Services
  • 1st
  • Spire Abstract
  • Real Estate
  • 2nd
  • Werner Trucking
  • Transportation and Warehousing
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
  • Listing ID: 21536305

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 1516 N 5th St, Philadelphia, PA 19122

Contact the Leasing Agent

Billy Penn Studios | 1516 N 5th St

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