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!
The income description goes here to explain
| List Price | $850,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 14530759737706 |
| MLS # | PABK2067214 |
| Property ID | 322521031 |
| Lot Sqft | 21,780 |
| Zoning | MIXED USE |
| Total Units | 3 |
| Days on Market | 21 |
| Original List Price | Unknown |
| Date Updated | January 13, 2026 |
| Date Created | January 12, 2026 |
Financials not available online. Please inquire with your agent for more details.
Chad A Schlanger an agent of . Lic #RS306495
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT