# 501 N Third St, Longview, TX 75602 > **TL;DR:** commercial, $1,250,000, built 1930. Est. $6,686/mo. Listed 189 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 | 189 | ## 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 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. ## 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 - **Broker Phone:** (903) 759-3333 ## 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) ![501 N Third St - Photo 4](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2890334292r.jpg) ![501 N Third St - Photo 5](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2141910806r.jpg) ![501 N Third St - Photo 6](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f303850808r.jpg) ![501 N Third St - Photo 7](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f714507669r.jpg) ![501 N Third St - Photo 8](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f207977017r.jpg) ![501 N Third St - Photo 9](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f736414537r.jpg) ![501 N Third St - Photo 10](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f4240715958r.jpg) ![501 N Third St - Photo 11](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f172661977r.jpg) ![501 N Third St - Photo 12](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f689909416r.jpg) ![501 N Third St - Photo 13](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2918862433r.jpg) ![501 N Third St - Photo 14](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f3657273984r.jpg) ![501 N Third St - Photo 15](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f3393093692r.jpg) ![501 N Third St - Photo 16](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f58958970r.jpg) ![501 N Third St - Photo 17](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2364951037r.jpg) ![501 N Third St - Photo 18](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f3252945753r.jpg) ![501 N Third St - Photo 19](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f1184820881r.jpg) ![501 N Third St - Photo 20](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f1822767402r.jpg) ![501 N Third St - Photo 21](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f1795762266r.jpg) ![501 N Third St - Photo 22](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2856450694r.jpg) ![501 N Third St - Photo 23](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f1246924292r.jpg) ![501 N Third St - Photo 24](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f2583063459r.jpg) ![501 N Third St - Photo 25](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f288585598r.jpg) ![501 N Third St - Photo 26](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f74063509r.jpg) ![501 N Third St - Photo 27](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f1190966168r.jpg) ![501 N Third St - Photo 28](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f3206115330r.jpg) ![501 N Third St - Photo 29](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f1813970435r.jpg) ![501 N Third St - Photo 30](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f586426672r.jpg) ![501 N Third St - Photo 31](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f1426645672r.jpg) ![501 N Third St - Photo 32](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f1489660504r.jpg) ![501 N Third St - Photo 33](http://lh.rdcpix.com/f44622a752a326a3af091db565767b21l-f1067124368r.jpg) ![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:** 2026-10-20 **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-f013fa00f82a4f789ce1f11b3b24db1c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/501-n-third-st-longview-tx-75602-f013fa00f82a4f789ce1f11b3b24db1c#listing", "url": "https://www.propertysimple.ai/listing/501-n-third-st-longview-tx-75602-f013fa00f82a4f789ce1f11b3b24db1c", "name": "501 N Third St, Longview, TX 75602", "description": "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. 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