For Lease $19.00 - $21.00/SF/YR
Property Type Office
Property Size 180,000 SF
Lot Size 1.4 Acre
Year Built 1950
Date Updated Jan 31, 2025

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Attachments

Highlights

Parking
Freight Elevator & Passenger Elevator
Conference Rooms
Lobby + Atrium Common Areas
Mail / Package Room / e-Commerce capability
High Tension Power / 1 / 2 / 3 Phase Electric
Design Build Custom in House Fit Outs
Event Spaces
Cafe in Lobby
Business Community
Coworking Space
Retail and Storefront Spaces Available
ICMX Zoning allows Office / Medical / Flex Uses
Keystone Innovation Zone Tax Credit Applicable
Loading Docks
Custom Plumbing Options
Internet : Fiber Optic internet + custom networking configurations available

Spaces Available

Unit 100 : Retail / Storefront

Space Type Office / Retail / Medical
Lease Rate $21.00/SF/YR
Additional Rent $2.20/SF/YR
Total Space Available 1,450 SF
Photos
Floor 1
# Of Parking Spaces 2
Available Date Immediate
Lease Type NNN
Lease Term From 2 Years
Sublease No
Build Type Full build out
Space Number 100

Rarely available retail / storefront space at Billy Penn Studios. Bi Level space with 1st floor reception, large room (could be great conference room, bullpenn, training area, shared workspace), two 1st floor private offices, 1st floor bathroom and kitchenette. 2nd Floor features four additional offices, with a master office overlooking the 1st floor. Ability to modify to suit.

Space also features it's own "pin code" access control system for secure access from N 5th St.

Unit 108

Space Type Office / Medical
Lease Rate $20.00/SF/YR
Additional Rent $2.20/SF/YR
Total Space Available 1,082 SF
Photos
Floor 1
# Of Parking Spaces 1
Available Date Immediate
Lease Type NNN
Lease Term From 2 Years
Sublease No
Space Number 108

1st Floor space with the closest entrance to the main lobby. Features a private office in the rear, storage closet, concrete floor and large custom glass window. Ability to modify to suit.

Unit 115

Space Type Office / Retail / Medical
Lease Rate $20.00/SF/YR
Additional Rent $2.20/SF/YR
Total Space Available 1,948 SF
Photos
Floor 1
# Of Parking Spaces 2
Available Date Immediate
Lease Type NNN
Lease Term From 2 Years
Sublease No
Build Type Full build out
Space Number 115

Beautiful historic 1st floor space. Main features include Exterior Door / Retail entrance to Randolph Street, original historic industrial piping and brick walls, private bathroom and ability to modify to suit. While vacant space has been routinely used for film productions.

Unit 205

Space Type Office / Retail / Medical
Lease Rate $20.00/SF/YR
Total Space Available 1,156 SF
Floor 2
Available Date Immediate
Lease Type NNN
Lease Term From 2 Years
Sublease No
Space Number 205

Beautiful corner unit with ample windows on two sides. Features two private offices and a lockable storage closet. Ability to modify / build to suit.

Unit 213

Space Type Mixed Use
Lease Rate $20.00/SF/YR
Additional Rent $2.20/SF/YR
Total Space Available 926 SF
Floor 2
Available Date Immediate
Lease Type NNN
Sublease No
Space Number 213

Beautiful historic sub 1k sq ft space. Features a kitchenette.

Unit 300

Space Type Office / Retail / Medical
Lease Rate $19.00/SF/YR
Additional Rent $2.20/SF/YR
Total Space Available 2,300 SF
Photos
Floor 3
# Of Parking Spaces 2
Available Date Immediate
Lease Type NNN
Lease Term From 2 Years
Sublease No
Space Number 300

Awesome space with two private offices, two closests, double entrance door, kitchenette and white painted industrial truss work underneath the ceiling. Wide open primarily and ability to add additional offices / customize to suit.

Unit 312

Space Type Office / Retail / Medical
Lease Rate $20.00/SF/YR
Additional Rent $2.20/SF/YR
Total Space Available 3,900 SF
Photos
Divisible Space 1,500 - 3,900 SF
# Of Parking Spaces 4
Available Date Immediate
Lease Term From 2 Years
Sublease No
Space Number 312

Stunning 3900 sq ft space. True trophy space of the building. Wide open space with ability to customize / build to suit. Ample windows on two sides. Custom plumbing / kitchen option available also. Double door entrance to the hallway. Accessible via freight elevator.

Unit 323

Space Type Office / Retail / Medical
Lease Rate $20.00/SF/YR
Additional Rent $2.20/SF/YR
Total Space Available 1,426 SF
Floor 3
Available Date Immediate
Lease Type NNN
Lease Term From 2 Years
Sublease No
Space Number 323

1400 sq ft space with brick walls, kitchenette and 2 private offices. Ability to modify to suit / build out additional rooms and offices.

Unit 407: Historic Trophy High Ceiling Office w/ Roofdeck

Space Type Office / Medical
Lease Rate $21.00/SF/YR
Additional Rent $2.20/SF/YR
Total Space Available 2,750 SF
Photos
Floor 4
Available Date Immediate
Lease Type NNN
Sublease No
Space Number 407

Stunning trophy space with unique amenities. Custom extravagant kitchen with dishwasher, roofdeck, historic wood beams and high ceilings, 4 private offices and a large conference / main room. Able to modify / build to suit.

Contacts

Joseph Gruber

Billy Penn Studios

Leasing Director

Joseph Gruber

Location

Getting Around

Walk Score ®
86/100 Very Walkable
Transit Score ®
80/100 Excellent Transit
Bike Score ®
77/100 Very Bikeable

Map
Street

City Philadelphia, PA
Neighborhood Ludlow
Zip Code 19122
Market Philadelphia

Points of Interest

Girard Avenue & 5th Street

0.29 miles
Girard Avenue & 4th Street

0.32 miles
Girard Avenue & 7th Street

0.34 miles
Girard Avenue & 3rd Street

0.36 miles
Girard Avenue & 8th Street

0.40 miles
Girard Avenue & 2nd Street

0.44 miles
Girard Avenue & 11th Street

0.56 miles
Temple University

0.56 miles
Girard

0.58 miles
Girard Avenue & Front Street

0.60 miles

Liberty

0.40 miles
Sunnoco

0.78 miles
BP gas

0.79 miles
J&H Car Charging Station

0.92 miles
Lukoil

1.03 miles
Gulf

1.19 miles
BP

1.20 miles
Speedway

1.27 miles
Conoco

1.27 miles
Shell

1.36 miles

Girard Medical Center Garage

0.32 miles
West Parking Lot

0.45 miles
South Parking Lot

0.50 miles
Temple University Lot

0.50 miles
Montgomery Garage

0.56 miles
Bell Garage

0.56 miles
Temple Towers Lot

0.60 miles
Lot 9

0.61 miles
Tuttleman Lot

0.64 miles
Lot 7

0.66 miles

Wm. Mulherin's Sons Hotel

0.55 miles
Conwell Inn

0.79 miles
Henry

0.93 miles
Best Western Plus

1.38 miles
Clarion Suites Philadelphia

1.47 miles
Four Points by Sheraton Philadelphia City Center

1.49 miles
Days Inn Philadelphia Convention Center - Philadelphia

1.51 miles
Hampton Inn Philadelphia Center City - Convention Center

1.53 miles
Holiday Inn Express Philadelphia E - Penns Landing

1.53 miles
Sleep Inn Center City

1.54 miles

Happy Golden House

0.18 miles
Helm

0.20 miles
El Cafeito

0.27 miles
Sahara Indian Cuisine

0.28 miles
Las Cazuelas

0.31 miles
El Greco Pizza

0.31 miles
Que Chula Es Puebla

0.32 miles
Pasha's Halal Food

0.35 miles
EAT

0.37 miles
Pizza Hut

0.40 miles

James R. Ludlow Elementary School

0.16 miles
La Salle Academy

0.31 miles
Saint Peter the Apostle School

0.34 miles
William W. Bodine High School

0.43 miles
John Moffet Elementary School

0.46 miles
The City School: Poplar Campus

0.46 miles
St. Malachy Catholic School

0.49 miles
Young Scholars Charter School

0.49 miles
The U School

0.57 miles
TECH Center

0.59 miles

Acelero Learning

0.32 miles
The Joshua Tree Early Learning Center

0.47 miles
Norris Square Children's Center

0.68 miles
Norris Square Community Alliance Head Start Center

0.69 miles
Shake Rattle Roll Inc

0.81 miles
Saint Laurentius Preschool

0.81 miles
Brightside Academy

1.22 miles
KenCrest Early Education Center

1.36 miles
Lydia's Leaps & Bounds

1.38 miles
Adolfina Villanueva Child Development Center

1.41 miles

Frequently Asked Questions

What is the price for renting office space at 1516 North 5th Street?

The average rate for office space here is $20.00/SF/YR, with rates starting at $19.00/SF/YR.

What type of office space is available to lease at 1516 North 5th Street?

In total, there is 16,938 square feet of office space for lease here. Availability at this location includes 9 MixedUse spaces.

Is 1516 North 5th Street suitable for a small business?

Yes, availabilities here may be suitable for small businesses with 9 office spaces under 5,000 square feet available. Space sizes here start at 926 square feet.

Does 1516 North 5th Street have parking?

Parking information for the property isn't currently listed. However, other nearby parking options include Girard Medical Center Garage, located 0.32 miles away, and West Parking Lot, which is 0.45 miles away.

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Contact Listing Broker

Joseph Gruber

Billy Penn Studios

Leasing Director

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1516 North 5th Street