Mixed-use property report

116 Market St

3,810 sqftCMX3built 1900

Property at a glanceApartment building

Letitia Place LLC

2026 assessment
$814K OPA value, not a listing price
2027 published assessment
$800K Future roll, not the current tax bill
Neighborhood area
Old City · Society Hill Approximate · based on ZIP 19106
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

The line tracks this property’s published City assessment. Markers show deeds, permits, inspections, licenses, violations, certifications, and appeals on their recorded dates. Select one to read the filing.

Assessments are tax-roll values, not sale prices or appraisals. OPA has published a 2027 assessment of $800,100. It is not yet the billed-year tax basis.

$0$500K$1.0M$800K2004200820122016202020242027
Property assessmentAssessmentL&I violationAppealPermitInspectionLicenseCertification

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.

Highlight
Every dated record38 events · exact dates, newest first
  1. CertificationFire Alarm Certification
  2. CertificationFire Alarm Certification
  3. CertificationFire Escape Report
  4. LicenseTHE FRANKLIN FOUNTAIN LLC (ICE CREAM SALOON): Sidewalk Cafe business license marked inactive
  5. CertificationFire Alarm Certification
  6. LicenseTHE FRANKLIN FOUNTAIN LLC: Food Estab, Retail Non-Permanent Location (Annual) L&I license filing marked inactive
  7. InspectionBC INSP (likely: building-code inspection)
  8. LicenseTHE FRANKLIN FOUNTAIN LLC: Food Estab, Retail Non-Permanent Location (Annual) L&I license filing initially issued
  9. L&I violationPENALTY- NO ELEC PERM INFO
  10. L&I violationPERME- INST/REPL/REPAIR WIRE (Electrical permit required for wiring installation, replacement, or repair)
  11. L&I violationPERME- REQUIRED TO CORR VIOL
  12. InspectionEP_ELEC
  13. L&I violationRENEW LIC INDICATED
  14. InspectionBC INSP (likely: building-code inspection)
  15. InspectionBC INSP (likely: building-code inspection)
  16. L&I violationEGRESS CLEAR OBSTRUCTION
  17. InspectionBC INSP (likely: building-code inspection)
  18. PermitUse
  19. PermitUse
  20. AppealZoning board appeal
  21. L&I violationVIOL NONE FOUND
  22. InspectionBC INSP (likely: building-code inspection)
  23. PermitMajor alteration
  24. PermitMajor alteration
  25. PermitMajor alteration
  26. InspectionPRECOURT (likely: pre-court compliance inspection)
  27. InspectionCI INSP
  28. PermitAlteration
  29. InspectionCI INSP
  30. InspectionCI INSP
  31. InspectionCI INSP
  32. InspectionCI INSP
  33. L&I violationVIOL C&I MESSAGE
  34. L&I violationEGRESS-DEV MAINT
  35. InspectionCI INSP
  36. PermitAlteration
  37. LicenseTHE FRANKLIN FOUNTAIN LLC (ICE CREAM SALOON): Sidewalk Cafe business license initially issued
  38. LicenseTHE FRANKLIN FOUNTAIN LLC: Food Preparing and Serving business license initially issued

Verify the public record

$11,399/year estimated property tax

2026 taxable assessment $814,300 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.

OPA has published a 2027 assessment of $800,100. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 871006650
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources No current conclusion

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

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

Where the record looks off

Conflicts in City paperwork. Flags on the data, not the property.

"Built 1900" is usually a placeholder

Philadelphia records use 1900 as a stand-in when the real construction year was never documented. Treat the age as unknown, not as 120+ years.

Property report

Mixed-use property

Apartment building, recorded in the City's mixed-use category. The public record and owner trail follow.

What it is
Apartment building Str/Off+Apt 4 Sty Masonry
Owner
Letitia Place LLC
$ / sq ft
$210 assessed value ÷ interior sqft
Corridor
Old City city commercial corridor
Interior area
3,810 sqft
Lot size
1,394 sqft
Built
1900
Zoning
CMX3

Recorded owner

Who's behind it

Letitia Place LLC · corporate / LLC owner

• Tax bills mail to 116 Market St, Philadelphia PA, 19106

Block context

100 block of Market St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 114 Market St  ·  118-22 Market St

Business licenses at this address Latest pull

What L&I has registered at this OPA parcel, newest initial license date first.

Open the City record ↗
THE FRANKLIN FOUNTAIN LLC (ICE CREAM SALOON)Inactive

Sidewalk Cafe · Initial issue date Apr 5, 2005 · Terminal license date Aug 29, 2024

THE FRANKLIN FOUNTAIN LLCActive

Food Preparing and Serving · Initial issue date Sep 7, 2004 · Filed expiration Apr 30, 2027

A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.

Open every source row 38 dated rows
  1. CertificationFire Alarm Certification

    Certification BC-2026-001008 · Certified

    Expires 2026-12-17

  2. CertificationFire Alarm Certification

    Certification BC-2024-029641 · Certified

    Expires 2025-09-30

  3. CertificationFire Escape Report

    Certification BC-2025-000125 · Safe

    Expires 2029-09-13

  4. License terminal eventTHE FRANKLIN FOUNTAIN LLC (ICE CREAM SALOON): Sidewalk Cafe business license marked inactive

    License 312316 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  5. CertificationFire Alarm Certification

    Certification BC-2023-021296 · Certified

    Expires 2024-10-13

  6. License terminal eventTHE FRANKLIN FOUNTAIN LLC: Food Estab, Retail Non-Permanent Location (Annual) L&I license filing marked inactive

    License 816469 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  7. InvestigationBC INSP (likely: building-code inspection)

    Case 636425 · PASSED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked passed.

  8. License issue eventTHE FRANKLIN FOUNTAIN LLC: Food Estab, Retail Non-Permanent Location (Annual) L&I license filing initially issued

    License 816469 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  9. ViolationPENALTY- NO ELEC PERM INFO

    Case 649367 · Violation 4775699 · Code A-901.13/2 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  10. ViolationPERME- INST/REPL/REPAIR WIRE (Electrical permit required for wiring installation, replacement, or repair)

    Case 649367 · Violation 4775697 · Code A-301.1/51 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  11. ViolationPERME- REQUIRED TO CORR VIOL

    Case 649367 · Violation 4775698 · Code A-501.1/3 · CLOSEDCASE

    City marked the case closed; that does not mean the original condition never existed.

  12. InvestigationEP_ELEC

    Case 649367 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  13. ViolationRENEW LIC INDICATED

    Case 636425 · Violation 4690204 · Code LR-1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  14. InvestigationBC INSP (likely: building-code inspection)

    Case 636425 · FAILED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  15. InvestigationBC INSP (likely: building-code inspection)

    Case 500238 · PASSED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked passed.

  16. ViolationEGRESS CLEAR OBSTRUCTION

    Case 500238 · Violation 3696639 · Code FC-1027.2/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  17. InvestigationBC INSP (likely: building-code inspection)

    Case 500238 · FAILED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  18. PermitUse

    Permit 578598 · COMPLETED

    LEGALIZE ACCESSORY OFFICE USE OF 3RD AND 4TH FLOORS.

  19. PermitUse

    Permit 557340 · COMPLETED

    EXTEND SEATING AREA OF ICE CREAM PARLOR TO SECOND FLOOR.

  20. AppealZoning board appeal

    Appeal 23807 · CLOSED · Granted

    Related permit 557340 · SPECIAL EXCEPTION FOR THE EXPENSION OF EXISTING TAKE-OUT RESTAURANT ON SECOND FLOOR IN THE SAME BUILDING WITH EXISTING TWO(2) FAMILY HOUSEHOLD LIVING ABOVE ( ONE UNIT EACH ON 3RD AND 4TH FLOOR) . NO SIGN ON THIS APPLICATION.

  21. ViolationVIOL NONE FOUND

    Case 422690 · Violation 3115637 · Code A-000.0/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  22. InvestigationBC INSP (likely: building-code inspection)

    Case 422690 · PASSED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked passed.

  23. PermitMajor alteration

    Permit 402238 · COMPLETED

    MASORNY REPAIRS PER ENGINEER'S DRAWINGS FOR COMMERCIAL SPACE.

  24. PermitMajor alteration

    Permit 339481 · COMPLETED

    HISTORICAL BUILDING - INSTALLATION OF TWO (2) NEW EXTERIOR DOORS WITHIN EXISTING OPENINGS; INSTALL NEW DOOR FRAMING AT "DOOR C" ONLY; PROVIDE MOLDING PER PLANS.

  25. PermitMajor alteration

    Permit 278307 · COMPLETED

    REPLACE (2) EXTERIOR DOORS WITH NEW DOORS. REPLACE MODKINGS ON ONE SET OF EXISTING DOORS.

  26. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 212827 · PASSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked passed.

  27. InvestigationCI INSP

    Case 212827 · PASSED

    The cited inspection visit was marked passed.

  28. PermitAlteration

    Permit 276393 · COMPLETED

    PAINTING AND STUCCO - HISTORICAL

  29. InvestigationCI INSP

    Case 212827 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  30. InvestigationCI INSP

    Case 212827 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  31. InvestigationCI INSP

    Case 212827 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  32. InvestigationCI INSP

    Case 212827 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  33. ViolationVIOL C&I MESSAGE

    Case 212827 · Violation 1596225 · Code A-000.0/10 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  34. ViolationEGRESS-DEV MAINT

    Case 212827 · Violation 1596226 · Code FC-1027.1/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  35. InvestigationCI INSP

    Case 212827 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  36. PermitAlteration

    Permit 83952 · COMPLETED

    EXPLOATORY DEMOLITION AT FIVE LOCATIONS ON FIRST FLOOR FACADE.

  37. License issue eventTHE FRANKLIN FOUNTAIN LLC (ICE CREAM SALOON): Sidewalk Cafe business license initially issued

    License 312316 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  38. License issue eventTHE FRANKLIN FOUNTAIN LLC: Food Preparing and Serving business license initially issued

    License 208208 · Active

    License event. Registration does not prove present operation or storefront occupancy.

Where this comes from

Methodology & freshness

This report was assembled Jul 25, 2026, 2:31 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. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “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)