Renovated Historic Office
For Sale
$1,250,000
501 N Third St, Longview, TX 75602
COMMERCIAL, Longview, TX
Property Size7,800 SF
Price / SF$160.26
Days on Market123
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
conference room
private bath
kitchen/workspace
award-winning grounds
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 · License #0702321
(903) 241-8955
Added: Apr 23
Changed: Aug 20
Last Checked: Aug 23 at 10:06AM
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.
Investment Insights
Based on property information with market context.
Originally part of the downtown Longview ISD campus and formerly used as a library, this 1930 brick office building has been fully renovated. Interior finishes include polished concrete floors, exposed brick, custom iron doors, multiple private offices, conference rooms, kitchens or workspaces, lobbies, and bathrooms. An executive office includes a private en-suite bath and shower.
The property is arranged as two office suites with separate entrances. The N. Third Street side includes approximately 5,000 square feet with an owner's office, kitchen/workroom, conference room, lobby, two additional bathrooms, and five additional offices. The E. Magrill Street suite contains approximately 2,800 square feet with a lobby, conference room, kitchen/workspace, bathroom, and four offices. One suite is currently leased on a three-year term, while the layout also supports continued multi-tenant use or consolidation into a single office.
The property is arranged as two office suites with separate entrances. The N. Third Street side includes approximately 5,000 square feet with an owner's office, kitchen/workroom, conference room, lobby, two additional bathrooms, and five additional offices. The E. Magrill Street suite contains approximately 2,800 square feet with a lobby, conference room, kitchen/workspace, bathroom, and four offices. One suite is currently leased on a three-year term, while the layout also supports continued multi-tenant use or consolidation into a single office.
Key Highlights
- 1930 brick office building with former library use
- Fully renovated interior with polished concrete, exposed brick, and custom iron doors
- Two office suites with separate entrances and flexible layouts
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,039
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two separately accessed office suites combine historic brick character with polished concrete, exposed brick, and flexible work areas.
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: 1930 brick office building with former library use; Fully renovated interior with polished concrete, exposed brick, and custom iron doors; Two office suites with separate entrances and flexible layouts
