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MLS# PABK2067214

Status: ACTIVE
606 N 5TH ST #M-3FL
READING, PA 19601
$850000.00

Commercial Sale
Year Built: 1900
Sq Ft: 9450.00
Building Area: 9450.00
Acres: 0.50
Contact:
Chad Schlanger
United Real Estate Strive 212
Phone:   6103720212
Photos
Map
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!

Additional Features

Property Condition: Very Good
School District Name: READING
Directions: 606 N. 5th Street, Reading PA 19601
MLS Area: Reading City (10201)
Tax ID Number: 14-5307-59-73-7706
Zoning: MIXED USE
Ownership Interest: Fee Simple
Hot Water: Natural Gas
Parking Features: Handicap Parking,Paved Parking,Private,Security/Monitored
Heating Type: Baseboard - Hot Water
Flooring Type: Wood,Ceramic Tile,Hardwood
Construction Materials: Brick
Cooling Type: Central A/C
Sewer Septic: Public Sewer
Water Source: Public
Listing Entry Date: January 13, 2026
Tax Annual Amount: 12958.00
Tax Assessed Value: 189600.00
Tax Year: 2025
Price Per SQFT: 89.95