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501 N Third Street
Longview TX 75602 US

$1,450,000

Active Listing ID 21327833
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Lot: 0.38 Acres
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Office

$1,450,000

Active Listing ID 21327833
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501 N Third Street This building has character you won't find anywhere else. Exceptional investment and owner-user opportunity in the heart of downtown Longview, specifically located in the vibrant arts district. Offering a unique blend of income-producing space and high-end owner occupancy. Nearly 8, 000 sq ft of fully renovated, income-producing office space in the heart of downtown Longview. Formerly a library part of the original downtown Longview ISD campus, this one-of-a-kind property blends historic character with striking modern industrial design-featuring polished concrete floors, exposed brick walls, and custom irondoors opening to an impressive oversized conference room. Currently configured as two separate office suites with individual entrances, each side offers its own lobby, conference room, kitchen, workspace, and private offices-ideal for an owner-user, investor, or multi-tenant setup. Existing leased space provides immediate income with additional upside potential. Highlights include a spacious executive office with private en-suite bath and shower, large reception area, multiple oversized offices, and flexible layout options to expand, reconfigure, or convert back to a single flagship office space. Award-winning grounds(Longview Beautification Award) and a prime location surrounded by revitalized office properties make this a rare opportunity to own one of Longview's most distinctive commercial buildings. A true one-of-a-kind space for the buyer who values design, history, and opportunity. Main building- Entrance on N. Third Street: Owner's office with private bath, kitchen, workroom, conference room, lobby, 2 additional bathrooms, 5 additional offices. Approx 5, 000 sqft. Leased space- Entrance on E.Magrill Street: Lobby, conference room, kitchen, workspace, bathroom, 4 offices. Approx 2, 800 sqft. Currently leased at $2, 800 per month on a three-year term, providing immediate and stable cash flow.

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Property Features

  • Facts
  • Lot Size: 0.38 Acres
  • Property Type: Residential
  • Property Sub-type: Office
  • Features
  • Cooling System: Central Air, Electric
  • Floor Covering: Concrete
  • Roof Type: Flat
  • Heating Fuels: Central, Electric (Heating)

Property

  • propertytype: Residential
  • propertysubtype: Office
  • listprice: 1450000
  • unparsedaddress: 501 N Third Street
  • postalcity: Longview
  • stateorprovince: TX
  • country: US
  • postalcode: 75602
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.38
  • lotsizeunits: Acres
  • lotsizearea: 0.38
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.497358
  • longitude: -94.732731
  • listagentfullname: Janti Patel
  • listagentkey: 3yd-NTREIS-0702321
  • listagentmlsid: 0702321
  • listagentpreferredphone: (903) 759-3333
  • listofficekey: 3yd-NTREIS-RAMS01
  • listofficemlsid: RAMS01
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1930
  • countyorparish: Gregg
  • parcelnumber: 68212
  • cooling: Central Air, Electric
  • constructionmaterials: Brick
  • flooring: Concrete
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Secured, Parking Lot
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: None
  • accessibilityfeatures: Accessible Approach with Ramp
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -94.732735, 32.497356
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Ramsey Realty Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mindy@ramseyrealtygroup.com", "ListBrokerageCity":"Longview", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Ramsey Realty Group", "ListBrokeragePhone":"(903) 759-3333", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1405 Lago Trl", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"RAMS01", "ListOfficeCity":"Longview", "ListOfficeCountry":"US", "ListOfficeEmail":"mindy@ramseyrealtygroup.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Longview, TX", "ListingURL":null, "MLSModificationTimestamp":"2026-07-11 02:10:52", "Neighborhoods":[{"Description":null, "Name":"S7050 - TEXAS LAND COMPANY"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"LTS 4 & 5 BLK 35 (NCB 89) TEXAS LAND CO", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/11/2026 8:10:47 AM GMT
Source Updated Date: 7/15/2026 12:46:44 AM GMT

Courtesy of: Janti Patel, Ramsey Realty Group

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.