501 N Third St NOW AVAILABLE FOR SALE OR LEASE | DOWNTOWN LONGVIEW This building has character you simply won't find anywhere else. Located in the heart of Downtown Longview's Arts District, this nearly 8, 000-square-foot commercial property offers a rare combination of historic charm, modern industrial design, and incredible flexibility. The seller is now offering the property for either sale or lease, with leasing available at $7, 500 per month plus NNN (triple net expenses). Originally part of the historic Longview ISD downtown campus and formerly used as a library, the building has been extensively renovated while preserving its unique architectural character. Polished concrete floors, exposed brick walls, custom iron doors, and an impressive oversized conference room create a space that stands apart from traditional office buildings. Currently configured as two separate office suites with independent entrances, the property offers flexibility for an owner-occupant, investor, or business looking for a distinctive downtown headquarters. Main Building | N. Third Street Entrance | Approx. 5, 000 Sq. Ft. Features an impressive reception area, executive office with private bathroom and shower, five additional offices, spacious conference room, kitchen/workroom, and two additional bathrooms. Leased Suite | E. Magrill Street Entrance | Approx. 2, 800 Sq. Ft. Includes a private lobby, conference room, kitchen/workspace, four offices, and bathroom. Currently leased for $2, 800 per month under a three-year lease, generating $33, 600 in annual gross rental income. The property offers the potential for an owner-user to occupy one suite while benefiting from rental income on the other, or for an investor to capitalize on the building's income-producing potential. The layout also provides opportunities for future reconfiguration to accommodate a single larger business. Recognized with a Longview Beautification Award for its beautifully maintained grounds, the property is surrounded by revitalized downtown offices in one of Longview's most distinctive districts. Whether you're looking to purchase a unique commercial investment or lease an impressive space for your growing business, this is an opportunity you won't find anywhere else. AVAILABLE FOR SALE OR LEASE Lease Rate: $7, 500/Month + NNN Sale pricing and additional lease terms available upon request.