Trophy Commercial Real Estate, in conjunction with NAI Keystone, is pleased to present 1400 Hill Road (with 1500 Eckert Avenue), a rare large-scale adaptive reuse opportunity in Reading, Pennsylvania. Formerly known as Luden’s Mansion / Central Catholic High School, the property 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 campus features a compelling blend of historic mansion-style architecture and institutional-scale additions, including former classroom wings, gymnasium, cafeteria, and administrative areas. The property is fully vacant, offering investors immediate control over redevelopment planning, entitlements, and execution.

The site benefits from public water and sewer, 600-amp three-phase electrical service, and a flexible interior layout that supports a wide range of redevelopment strategies. Potential uses may include multifamily residential conversion, senior or elder care, charter or private education, or mixed-use concepts, subject to zoning approvals.

This offering represents a unique opportunity to acquire a historically significant, large-format asset with substantial square footage, underlying land value, and long-term repositioning potential within an established Reading neighborhood.

Investment Highlights

Large-Scale Adaptive Reuse Opportunity
Approximately 86,742 SF of existing improvements provide significant flexibility for redevelopment, repositioning, or institutional reuse.

• Former Institutional Campus
  Known as Luden’s Mansion / Central Catholic High School, the property combines historic character with institutional-scale infrastructure.

• Vacant Delivery
  Delivered vacant, allowing immediate control over planning, entitlements, and redevelopment without operational constraints.

• Multiple Redevelopment Paths
  Well-suited for multifamily conversion, senior or elder care, charter or private education, or mixed-use concepts (subject to approvals).

• Significant Land Component
  2.85 acres across two parcels, offering underlying land value, parking reconfiguration potential, or phased redevelopment strategies.

• Public Utilities & Infrastructure in Place
  Public water and sewer, gas service, and 600-amp three-phase electric, supporting a wide range of residential and institutional uses.

• Established Reading Location
  Located within an established urban neighborhood with proximity to residential areas, institutional uses, and major thoroughfares.

  Price: $3,400,000

   Price/Buildable: $43,590

  Price/SF: $39.20