$1,250,000
( )
 $7,097 est/mo Sourced by Back At You

501 N Third Street,Longview, TX 75602

Longview, TX 75602

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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.

Details

MLS #21327833
Listing TypeFor Sale
StyleOffice
Sub-TypeResale
StatusActive
Year1930
Days On Site102
Listing Provided ByRamsey Realty Group | Janti Patel

Features

SQ Feet7,800
Story(s)1
ZoningCommercial
Acreage0.38

Interior

CoolingCentral Air, Electric
HeatingCentral, Electric

Exterior

RoofFlat
Construction MaterialsBrick
Foundation DetailsSlab
Lot FeaturesCorner Lot, Landscaped

Parking

Parking FeaturesLighted, Parking Lot, Secured

Utilities

UtilitiesCity Sewer, City Water, Electricity Connected, Sidewalk

Taxes

Tax Legal DescriptionLTS 4 & 5 BLK 35 (NCB 89) TEXAS LAND CO

Area Information

StateTX
CountyGregg
CityLongview
Zip Code75602
AreaGregg
Community NameS7050 TEXAS LAND COMPANY
Listing VS Median (in S7050 TEXAS LAND COMPANY)
Price:
$1,250,000
low | high
Med:
$1,250,000
50% of Average
sqft:
7,800
low | high
Med:
7,800
50% of Average
$ / sqft:
$160
low | high
Med:
$160
50% of Average
On site:
102
low | high
Med:
102
100% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyGregg
CityLongview
Zip Code75602
AreaGregg
Community NameS7050 TEXAS LAND COMPANY
Listing VS Median (in S7050 TEXAS LAND COMPANY)
Price:
$1,250,000
low | high
Med:
$1,250,000
50% of Average
sqft:
7,800
low | high
Med:
7,800
50% of Average
$ / sqft:
$160
low | high
Med:
$160
50% of Average
On site:
102
low | high
Med:
102
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 3:08:53 AM PDT