Renovated Historic Office
For Sale
$1,250,000
501 N Third Street, Longview, TX 75602
CommercialSale, Longview, TX
Property Size7,800 SF
Lot Size0.38 Acres
Price / SF$160.26
Days on Market50
Property Features for 501 N Third Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Parking features
Secured, Parking Lot
Accessibility
Accessible Approach with Ramp
Subdivision
S7050 - TEXAS LAND COMPANY
Lot features
Corner Lot, Landscaped
Directions
From McCann Rd or Spur 63 and Hwy80 or 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.
Standard status
Active
APN
68212
Lot size
0.38 Acres
Taxes and HOA fees
Tax Description
LTS 4 & 5 BLK 35 (NCB 89) TEXAS LAND CO
Legal Description
LTS 4 & 5 BLK 35 (NCB 89) TEXAS LAND CO
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1930
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Brick
Roof type
Flat
Listing Agency:
Ramsey Realty Group
(903) 759-3333
Listed By:
Janti Patel · License #0702321
(903) 759-3333
Added: Jul 11
Changed: Aug 20
Last Checked: Aug 29 at 12:06PM
MLS# 21327833
Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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 constructed in 1930, this brick office building combines historic character with a fully renovated interior. The property contains nearly 8,000 square feet arranged as two independently accessed office suites. The primary suite includes an executive office with a private bath, kitchen, workroom, conference room, lobby, two additional bathrooms, and five offices. The second suite offers a lobby, conference room, kitchen, workspace, bathroom, and four offices. Polished concrete flooring, exposed brick, custom iron doors, central systems, and an accessible ramp are among the building features.
The property occupies 0.38 acres in downtown Longview’s arts district, with entrances on N Third Street and E. Magrill Street. Secured parking, public water, public sewer, and a flat roof are also included. One suite is currently leased on a three-year term, while the separate layout supports continued multi-tenant use or consolidation for an owner-user.
The property occupies 0.38 acres in downtown Longview’s arts district, with entrances on N Third Street and E. Magrill Street. Secured parking, public water, public sewer, and a flat roof are also included. One suite is currently leased on a three-year term, while the separate layout supports continued multi-tenant use or consolidation for an owner-user.
Key Highlights
- Nearly 8,000 square feet of renovated office space
- Two separately entered suites measuring approximately 5,000 sqft and 2,800 sqft
- 1930 brick building with historic former‑library use
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
1,952
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 - Distinctive two-suite office property with separate entrances, modern finishes, and flexible owner-user or multi-tenant functionality.
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: Nearly 8,000 square feet of renovated office space; Two separately entered suites measuring approximately 5,000 sqft and 2,800 sqft; 1930 brick building with historic former‑library use
