# 501 N Third Street, Longview, TX 75602 > **TL;DR:** commercial, $1,250,000, built 1930. > A/C. Est. $6,686/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,250,000 | | Year Built | 1930 | | Lot Size | 16,553 sqft (0.38 acres) | | Stories | 1 | | Property Type | Commercial (Office) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,321 | | Estimated Insurance | $365 | | **Total** | **$6,686** | ## Key Amenities - A/C ## Property Highlights - Built in 1930 - 0.38 acre lot ## 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 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. ## Location - **Address:** 501 N Third Street, Longview, TX 75602 - **County:** Gregg - **Neighborhood:** S7050 - TEXAS LAND COMPANY - **Coordinates:** 32.497358, -94.732731 - **Google Maps:** https://www.google.com/maps?q=32.497358,-94.732731 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21327833 ## Listing Agent - **Name:** Janti Patel - **Brokerage:** Ramsey Realty Group - **Phone:** (903) 759-3333 - **Broker Phone:** (903) 759-3333 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/NTREIS/21327833/?channel=propsimple) ## Photos ![501 N Third Street - Photo 1](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f242548260r.jpg) ![501 N Third Street - Photo 2](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f184711708r.jpg) ![501 N Third Street - Photo 3](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f3077176679r.jpg) ![501 N Third Street - Photo 4](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f1114964677r.jpg) ![501 N Third Street - Photo 5](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f2014726453r.jpg) ![501 N Third Street - Photo 6](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f405485573r.jpg) ![501 N Third Street - Photo 7](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f1887541416r.jpg) ![501 N Third Street - Photo 8](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f3214143670r.jpg) ![501 N Third Street - Photo 9](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f1192537303r.jpg) ![501 N Third Street - Photo 10](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f614704771r.jpg) ![501 N Third Street - Photo 11](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f150117981r.jpg) ![501 N Third Street - Photo 12](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f209791765r.jpg) ![501 N Third Street - Photo 13](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f1719627915r.jpg) ![501 N Third Street - Photo 14](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f761030742r.jpg) ![501 N Third Street - Photo 15](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f655395408r.jpg) ![501 N Third Street - Photo 16](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f3432665544r.jpg) ![501 N Third Street - Photo 17](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f488801649r.jpg) ![501 N Third Street - Photo 18](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f3746065529r.jpg) ![501 N Third Street - Photo 19](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f4080866615r.jpg) ![501 N Third Street - Photo 20](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f623465774r.jpg) ![501 N Third Street - Photo 21](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f498322279r.jpg) ![501 N Third Street - Photo 22](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f3086369808r.jpg) ![501 N Third Street - Photo 23](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f2984422365r.jpg) ![501 N Third Street - Photo 24](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f3125798853r.jpg) ![501 N Third Street - Photo 25](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f881237370r.jpg) ![501 N Third Street - Photo 26](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f3173119613r.jpg) ![501 N Third Street - Photo 27](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f3613425550r.jpg) ![501 N Third Street - Photo 28](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f393458784r.jpg) ![501 N Third Street - Photo 29](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f196266603r.jpg) ![501 N Third Street - Photo 30](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f1472619964r.jpg) ![501 N Third Street - Photo 31](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f1218920475r.jpg) ![501 N Third Street - Photo 32](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f4185543175r.jpg) ![501 N Third Street - Photo 33](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f3632878871r.jpg) ![501 N Third Street - Photo 34](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f967525498r.jpg) ![501 N Third Street - Photo 35](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f449615110r.jpg) ![501 N Third Street - Photo 36](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f2592635984r.jpg) ![501 N Third Street - Photo 37](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f4124361621r.jpg) ![501 N Third Street - Photo 38](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f2113904243r.jpg) ![501 N Third Street - Photo 39](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f1253092705r.jpg) ![501 N Third Street - Photo 40](http://lh.rdcpix.com/6bbbfd9ba27f29b7f090256828744112l-f3849920718r.jpg) --- **MLS#:** 21327833 | **Updated:** 2026-08-20 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/501-n-third-street-longview-tx-75602-21327833) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/501-n-third-street-longview-tx-75602-21327833#listing", "url": "https://www.propertysimple.ai/listing/501-n-third-street-longview-tx-75602-21327833", "name": "501 N Third Street, Longview, TX 75602", "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 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. 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"@type": "PropertyValue", "name": "Property Type", "value": "Commercial" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/501-n-third-street-longview-tx-75602-21327833#offer", "url": "https://www.propertysimple.ai/listing/501-n-third-street-longview-tx-75602-21327833", "price": 1250000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://www.propertysimple.ai/listing/501-n-third-street-longview-tx-75602-21327833#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/501-n-third-street-longview-tx-75602-21327833#agent", "name": "Janti Patel", "telephone": "(903) 759-3333", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/501-n-third-street-longview-tx-75602-21327833#brokerage", "name": "Ramsey Realty Group", "telephone": "(903) 759-3333" } } } ```