606 N 5th Street, Unit M-3FL, Reading, PA 19601

Property Description

Known historically as the Swanona Mansion, this is a rare, high-end mixed-use property offering historic elegance, strong income, and exceptional flexibility. Built by steel magnate James Carpenter, founder of Carpenter Steel, this landmark estate features two buildings and a large private parking lot in a prime Reading location. The primary building is a grand mansion converted to professional offices, currently leased and producing revenue. It can be delivered vacant if needed, making it an ideal headquarters for a law firm or professional office seeking a prestigious and spacious setting. The second building; originally a carriage house, includes three distinctive units now used as offices. Zoning allows residential use, and the units could be easily updated and converted to high-end apartments. All mechanical systems are recently replaced, modern, high-end, and energy-efficient, with air conditioning added throughout both buildings. Ownership options include continuing current operations, owner occupancy with vacant delivery, or a smooth transition with the seller remaining as a tenant for up to one year. The seller is also willing to hold financing, allowing a buyer time to familiarize and establish themselves with this exceptional property. A unique opportunity to acquire a historic, income-producing estate with significant upside. Schedule your showing today!

Property Features

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