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30085879
30085876

1400 Hill Rd, Reading, PA 19602 For Sale

KM
PA RS 316192
NAI Keystone Commercial & Industrial, LLC
ST
PA PA RM425803, MD MD 5019253
Trophy Commercial Real Estate
Listed by NAI Keystone Commercial & Industrial, LLC, Trophy Commercial Real Estate
$3,400,000
133 days on market
Updated 92 days ago

78-Unit Redevelopment Opportunity

Details
Property Type Multifamily, Special Purpose
Sub Type Apartment Building
Square Footage 86,742
Price per SqFt $39
Year Built 1914 (Original)
Year Renovated Multiple significant renovations and expansions since original construction
Investment Type Redevelopment

Multifamily

Marketing description

Trophy Commercial Real Estate, LLC, in conjunction with NAI Keystone, is pleased to present the offering of 1400 Hill Road and 1500 Eckert Avenue, a former institutional campus located in Reading, Pennsylvania (19602). The Property, formerly known as Luden’s Mansion / Central Catholic High School, consists of approximately 86,742 square feet of existing improvements situated on 2.85 acres across two parcels. Originally constructed in 1914 and expanded over time, the Property features a combination of historic mansion-style architecture and later institutional additions, including classroom wings, gymnasium, cafeteria, administrative offices, and ancillary educational facilities. The site benefits from public water and sewer, substantial electrical capacity, and a flexible layout conducive to a wide range of adaptive reuse strategies. The Property is currently vacant and is being offered as a value-add redevelopment opportunity, providing investors with immediate control over repositioning, redevelopment planning, and execution. Potential alternative uses may include, but are not limited to, charter or private education, senior or elder care, multifamily residential conversion, or other institutional or mixed-use concepts, subject to zoning approvals. This offering presents a unique opportunity to acquire a large-scale, historically significant asset with substantial square footage, underlying land value, and long-term redevelopment potential in an established urban neighborhood of Reading, Pennsylvania.

Listing Contacts

KM
PA RS 316192
NAI Keystone Commercial & Industrial, LLC
ST
PA PA RM425803, MD MD 5019253
Trophy Commercial Real Estate
Listed by NAI Keystone Commercial & Industrial, LLC, Trophy Commercial Real Estate

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Additional Information

Name
Kyle McKechnie
License
RS 316192
Brokerage Phone
610-779-1400
Name
Saam Tashayyod
License
PA RM425803
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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