# 501 N Third St, Longview, TX 75602

> **TL;DR:** commercial, $1,250,000, built 1930. Est. $6,686/mo. Listed 136 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,250,000 |
| Year Built | 1930 |
| Stories | 1 |
| Property Type | Commercial (Office) |
| Status | Active |
| Days on Market | 136 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,321 |
| Estimated Insurance | $365 |
| **Total** | **$6,686** |

## Property Highlights

- Built in 1930

## Description

### 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 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 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.

## Location

- **Address:** 501 N Third St, Longview, TX 75602
- **County:** Gregg

## Virtual Tour & Media

- **Video Tour:** https://www.youtube.com/watch?v=GLHEAwNmF1Y

## Listing Agent

- **Name:** Janti Patel
- **Brokerage:** Ramsey Realty Group LLC
- **Phone:** 9032418955
- **Broker Phone:** (903) 759-3333
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/LAARTX/20263011/?channel=propsimple)

## Photos

![501 N Third St - Photo 1](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2583919615r.jpg)

![501 N Third St - Photo 2](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2783988778r.jpg)

![501 N Third St - Photo 3](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f64379968r.jpg)

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![501 N Third St - Photo 34](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2510267172r.jpg)

![501 N Third St - Photo 35](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f3151371726r.jpg)

![501 N Third St - Photo 36](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f3780971341r.jpg)

![501 N Third St - Photo 37](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2224557975r.jpg)

![501 N Third St - Photo 38](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f1345743008r.jpg)

![501 N Third St - Photo 39](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2592201874r.jpg)

![501 N Third St - Photo 40](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f3379265600r.jpg)

![501 N Third St - Photo 41](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2856933884r.jpg)

![501 N Third St - Photo 42](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f744208454r.jpg)

![501 N Third St - Photo 43](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f432212658r.jpg)

![501 N Third St - Photo 44](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2277063225r.jpg)

![501 N Third St - Photo 45](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2897374372r.jpg)

![501 N Third St - Photo 46](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f740940453r.jpg)

![501 N Third St - Photo 47](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f3134601737r.jpg)

![501 N Third St - Photo 48](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f770893836r.jpg)

![501 N Third St - Photo 49](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f3354134201r.jpg)

![501 N Third St - Photo 50](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f3110261435r.jpg)

---

**MLS#:** 20263011 | **Updated:** 2026-08-20
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/501-n-third-st-longview-tx-75602-20263011)

---

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```