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Listed by Janti Patel • Ramsey Realty Group
$1,250,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type for sale
Subdivision Tx
MLS Listing ID 20263011
Year Built 1930
Property Sub-Type Office
Property Description
NOW AVAILABLE FOR SALE OR LEASE | DOWNTOWN LONGVIEW This building has character you simply won't find anywhere else. Located in the heart of Downtown Longview's Arts District, this nearly 8,000-square-foot commercial property offers a rare combination of historic charm, modern industrial design, and incredible flexibility. The seller is now offering the property for either sale or lease, with leasing available at $7,500 per month plus NNN (triple net expenses). Originally part of the historic Longview ISD downtown campus and formerly used as a library, the building has been extensively renovated while preserving its unique architectural character. Polished concrete floors, exposed brick walls, custom iron doors, and an impressive oversized conference room create a space that stands apart from traditional office buildings. Currently configured as two separate office suites with independent entrances, the property offers flexibility for an owner-occupant, investor, or business looking for a distinctive downtown headquarters. Main Building | N. Third Street Entrance | Approx. 5,000 Sq. Ft. Features an impressive reception area, executive office with private bathroom and shower, five additional offices, spacious conference room, kitchen/workroom, and two additional bathrooms. Leased Suite | E. Magrill Street Entrance | Approx. 2,800 Sq. Ft. Includes a private lobby, conference room, kitchen/workspace, four offices, and bathroom. Currently leased for $2,800 per month under a three-year lease, generating $33,600 in annual gross rental income. The property offers the potential for an owner-user to occupy one suite while benefiting from rental income on the other, or for an investor to capitalize on the building's income-producing potential. The layout also provides opportunities for future reconfiguration to accommodate a single larger business. Recognized with a Longview Beautification Award for its beautifully maintained grounds, the property is surrounded by revitalized downtown offices in one of Longview's most distinctive districts. Whether you're looking to purchase a unique commercial investment or lease an impressive space for your growing business, this is an opportunity you won't find anywhere else. AVAILABLE FOR SALE OR LEASE Lease Rate: $7,500/Month + NNN Sale pricing and additional lease terms available upon request.
Location
State TX
County Gregg
Area Lgv Isd 113
Direction 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.
Exterior
Utilities Available City Water, City Sewer, City Electric
Amenities Available Meeting Room
Roof Type Flat Roof,Roof Drains,Gutters,Roof Access
Building
Story 1
Structure Type BRICK
Others
Virtual Tour https://www.youtube.com/watch?v=GLHEAwNmF1Y
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NEARBY SCHOOL & BUSINESS
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