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About This Home

This 0-bedroom, 0-bathroom commercial at 501 N Third St in Longview, TX is listed for $1,450,000. Built in 1930, on a N/A lot.

Agent Description

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 iron doors 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 pro

perties 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 w/ 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.

Key Features

  • Built in 1930

Property Details

1 story
1930

Monthly Cost Estimate

$7,755/mo

20% down · 6.5% · 30 years

Principal$1,049
Interest$6,283
Insurance$423

Estimates only. Actual payments may vary.

Location

501 N Third St

Longview, TX 75602

Property Details

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 501 N Third St is listed at $1,450,000. The estimated monthly payment is $6,283 based on 20% down at 6.5% interest.

Key features include: Built in 1930.

This property is listed by Janti Patel and can be reached at 9032418955 or info@ramseyrealtygroup.com.

JP

Janti Patel

Agent at Ramsey Realty Group

(903) 241-8955

Listed by Ramsey Realty Group

MLS# 20263011· Source: listhub· Updated 39 days ago

Copyright © 2026 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

501 N Third St, Longview, TX 75602

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