Commercial property report

170 S Independence Mall W

12 stories · 1,102,992 sqft · CMX5 · built 1911

Offices · 86 units · Keystone Property Group · assessed $186M (2026) · 2027 OPA assessment $186M. On the 100 block of S Independence Mall.

Street view of 170 S Independence Mall W
From the street — imagery © Google
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar
BlockReport AI · cited public records

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Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

Question or correct this record

BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$2,202,383/year

2026 taxable assessment $157,335,560 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $185,552,500; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 883002510
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $157,335,560 of $186,463,200 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$2,610,112/year

Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.

See the assessment math →
Historical delinquency sources No current conclusion

The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

What stands out

From the public record
Finding

New construction

Record summary

new construction appears in a 2025 permit with a reduced taxable assessment shown.

View supporting records →

The property record, over time

Every dated deed, permit, inspection, license, violation, certification, and appeal is placed on the City’s annual assessment line. Select a point to read what happened; the line is an assessment history—not a sale-price chart or appraisal. OPA has also published a 2027 assessment of $185,552,500; it is not yet the billed-year tax basis.

Assessment history · all dated City records marked on the line

$0$100M$200M$186M200820122016202020242027
Property assessmentAssessmentAppeal

Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Every dated record3 events · exact dates, newest first
  1. AppealZBA Permit Denial - Variance
  2. AppealZoning board appeal
  3. AppealZoning board appeal
Commercial propertyProperty report

This is a offices, recorded under the city's offices category. The homeowner tools (rent estimate, homestead playbook) don't apply, so they're hidden. The full record and owner trail are below.

What it is
Offices
Off Bld W/Com Gar Masonry
Owner
Keystone Property Group
OPA tax treatment
Assessed $186M
Taxable assessment on the roll
$ / sq ft
$168
above the $143 median for 882 offices parcels citywide
Corridor
Old City
city commercial corridor
Licensed units
86
active rental license
Assessed value
$186,463,200
2026 OPA · 2027: $185,552,500
Interior area
1,102,992 sqft
Lot size
93,060 sqft
Stories
12
Built
1911
Zoning
CMX5

Browse the source ledger

The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.

Open the City record ↗
Browse 3 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. AppealZBA Permit Denial - Variance

    Appeal ZP-2025-004477 · Completed · Granted with conditions

    PERMIT FOR THE ERECTION OF TWO (2) STATICALLY ILLUMINATED SIGNS ONTO AN EXISTING CANOPY ACCESSORY TO AN EXISTING SIT-DOWN RESTAURANT. SIZE AND LOCATION AS SHOWN ON THE APPLICATION/PLAN. **APPROVAL LETTER FROM THE PHILADELPHIA ART COMMISSION

  2. AppealZoning board appeal

    Appeal 9533 · CLOSED · Granted

    PERMIT FOR A TAKE-OUT RESTAURANT WITH SEATING TO INCLUDE RETAIL SALE OF MALT AND BREWED BEVERAGES FOR TAKE-OUT AND A SELF-CONTAINED SOUND SYSTEM IN SPACE L75 (FIRST FLOOR) WITHIN AN EXISTING OFFICE BUILDING WITH OTHER USES AS PREVIOUSLY APP

  3. AppealZoning board appeal

    Appeal 5078 · CLOSED · Granted

    PERMIT FOR A TAKE-OUT RESTAURANT WITH SEATING IN SPACE 675. NO LIVE ENTERTAINMENT/MUSIC. FOOD SERVE IN DISPOSABLE WARE. NO SALE OF ALCOHOLIC BEVERAGES FOR TAKE-OUT. NO DISPENSING WINDOW WITHIN AN EXISTING OFFICE BUILDING.

What this record suggests

The timeline preserves the dated City rows that matched this parcel. It is a sequence to verify, not a conclusion about present condition.

Who's behind it

Keystone Property Group · corporate / LLC owner

• Tax bills mail to 125 E Elm St, Conshohocken PA, 19428 — outside Philadelphia
• Holds an active rental license for this address

Block context

170 S Independence Mall W sits on the 100 block of S Independence Mall. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 150 S Independence Mall W  ·  150 S Independence Mall W

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 8:32 PM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)