Two-Suite Office
For Sale
$1,250,000
501 N Third St, Longview, TX 75602
COMMERCIAL, Longview, TX
Property SizeContact for details
Days on Market187
Property Features for 501 N Third St
General Information
Property type
Commercial Sale
Property subtype
Office
Lot features
Landscaped, Lighted Parking, Security Parking, Sprinklered
Directions
From McCann Rd/Spur 63 and Hwy 80/Marshall Ave - go east on Marshall Ave to Third St - just before Christus Good Shepherd Hospital, turn right on Third St (south). Property is on the right on the corner. Road frontage on both Third St and Magrill.
Subdivision
LGV ISD 113
Standard status
Active
Amenities
reception area
conference room
kitchen/workroom
private bathroom with shower
Building Details
Year built
1930
Floors in Building
1
Number of units
2
Building materials
Brick
Roof type
Flat
Listing Agency:
Ramsey Realty Group
(903) 759-3333
Listed By:
Janti Patel
(903) 241-8955
Added: Apr 23
Changed: Oct 20
Last Checked: Oct 26 at 2:06AM
MLS# 20263011
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.
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Investment Insights
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This 1930 brick office building contains nearly 8,000 square feet arranged as two independently accessed suites. The larger space, entered from N. Third Street, is approximately 5,000 square feet and includes a reception area, an executive office with a private bathroom and shower, five more offices, a conference room, a kitchen/workroom, and two additional bathrooms. Polished concrete floors, exposed brick, and custom iron doors contribute to the building’s architectural character. The approximately 2,800-square-foot suite has an E. Magrill Street entrance, private lobby, conference room, kitchen/workspace, four offices, and a bathroom; it is currently leased under a three-year lease.
The property stands in downtown Longview’s Arts District, amid revitalized downtown offices. Its layout provides two separate office suites within a single building, with conference and workspace areas in each.
The property stands in downtown Longview’s Arts District, amid revitalized downtown offices. Its layout provides two separate office suites within a single building, with conference and workspace areas in each.
Key Highlights
- Nearly 8,000 square feet in a 1930 brick office building
- Two office suites with separate entrances on N. Third Street and E. Magrill Street
- Main suite: approximately 5,000 square feet, five additional offices, executive office, conference room, and kitchen/workroom
Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,039
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Separate entrances serve two office suites, each with its own conference room and kitchen or workspace.
Where is this office building located?
The property is located at 501 N Third St 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: Nearly 8,000 square feet in a 1930 brick office building; Two office suites with separate entrances on N. Third Street and E. Magrill Street; Main suite: approximately 5,000 square feet, five additional offices, executive office, conference room, and kitchen/workroom
