Search
Renovated Two-Suite Office Building

501 N Third Street, Longview, TX 75602

For Sale
New
$1,250,000

Separate entrances serve two office suites, each with its own lobby, conference room, kitchen, and private offices.

Property Size7,800 SF
Price / SF$160.26
Days on Market1

Property Features for 501 N Third Street

General Information

Standard status Active
Size 7,800 SF
Zoning Commercial

Additional Details

Road Access Yes
Office Units 2
Tenant in Place Yes
Property Use Office

Amenities

conference room
kitchen
private bath
reception area
Concrete
7800
1
Other
Less Than .5 Acre (not Zero)
Slab
Corner Lot,Landscaped
0.3800
Acres
Public Records
Lighted,Parking Lot,Secured
7800.00
16552.8000

Building Details

Building Size 7,800 SF
Year Built 1930
Buildings 1
Stories 1
Tenancy Multi
Owner Occupied Yes
Listing Agency:
Listed By: Zach Ali
Source: Myhomestart
Added: Nov 6 Last Checked: Nov 6 at 1:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zach Ali

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1930 and formerly used as a library, this renovated office property contains approximately 7,800 square feet arranged as two suites with separate entrances. The larger suite has an executive office with a private bath, five additional offices, a kitchen, workroom, conference room, and lobby. The second suite includes four offices, workspace, a kitchen, conference room, and lobby. Concrete floors and exposed brick are among the interior finishes; the executive office also has a shower.

The building occupies a 0.3800-acre corner lot in downtown Longview’s arts district. Its site includes landscaped grounds and a lighted, secured parking lot. The property is zoned Commercial.

One suite is leased on a three-year term. The separate entrances and suite layouts allow the building to function as two office spaces or as a single, combined office property.

Key Highlights

  • Approximately 7,800 square feet in two suites with separate entrances
  • 1930 building, formerly a library, with concrete floors and exposed brick
  • Larger suite includes an executive office with private bath and shower, plus five additional offices

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Matthew Hill Law, ... Law Firm Alt Behavioral Learning ... High School Cooper Law Firm ... Law Firm The Cooper Law Firm Law Firm Cooper Law Firm Law Firm

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Parking Lot & Garage Tanning Salon Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,039
Businesses Nearby

Demographics for 75602, TX

22,041
Population
8,131
Households
2.7
Avg Household Size
33
Median Age
14%
College-Educated
79%
High-School Grad
51.9 sq mi
ZIP Area
425
Density / Sq Mi
$56,659
Median Household Income
$30,199
Median Earnings
$970
Median Rent
$122,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Longview, TX

$157 Jul
$127 Aug
$146 Sep
$146 Oct

Properties on Market for Office buildings in Longview

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Separate entrances serve two office suites, each with its own lobby, conference room, kitchen, and private offices.
Where is this office building located?
The property is located at 501 N Third Street Longview, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 7,800 square feet in two suites with separate entrances; 1930 building, formerly a library, with concrete floors and exposed brick; Larger suite includes an executive office with private bath and shower, plus five additional offices
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved