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501 N Third Street , Longview, TX 75602

$1,450,000
  • 501 N Third Street , Longview, TX 75602 Main Photo

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New to the Market Active
MLS#21327833
STATUSActive PROPERTY TYPECommercial - Office SUBDIVISIONS7050 - TEXAS LAND COMPANY

Property 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.

501 N Third Street | MLS# 21327833

This commercial property located at 501 N Third Street , Longview, TX 75602 is currently listed for sale with an asking price of $1,450,000. Search Longview real estate on www.kellyrealtors.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air, Electric
Heating: Central, Electric
Lot Size: 0.38 Acres
Roof Type: Flat
Stories: 1.0
Year Built: 1930

Feature Descriptions

Accessibility: Accessible Approach with Ramp, Accessible Entrance
Days on Site: 4
Exterior: Brick
Flooring: Concrete
Lot: Corner Lot, Landscaped
Parcel#: 68212
Parking: Lighted, Parking Lot, Secured
Parking Notes: Lighted, Parking Lot, Secured
Units: 1
Utilities: City Sewer, City Water, Electricity Connected, Sidewalk

Listed By / Shown By

Listed By

Agency Name: Ramsey Realty Group
Agency Contact: 903-759-3333
Agent Name: Janti Patel

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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