Positioned in the heart of Downtown Killeen’s Historic Overlay District, 403 N. Gray Street presents a compelling value-add redevelopment opportunity. The building has been fully demoed to the studs, creating a clean structural shell that allows investors or developers to design and execute a customized build-out strategy without legacy interior constraints.Given its location within the city’s active downtown revitalization corridor, the property may benefit from layered public incentives and historic tax credits that could enhance overall project feasibility and long-term returns. Some highlights are in the Downtown Killeen location with strong visibility, B-5 (Central Business District) zoning, Historic Overlay District designation, Interior demolition completed - ready for redevelopment, & Flexible use potential: retail, restaurant, office, entertainment, mixed-use, & service.
| MLS # | 603225 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 196 |
| Listing Provided By | Empyral Group, Llc | Anthony Rodriguez |
| SQ Feet | 7,420 |
|---|---|
| Story(s) | 1 |
| Zoning | B5 |
| Acreage | 0.18 |
| Property View | None |
| Parking Features | Four Or More Spaces, Parking Spaces |
|---|
| Community Features | None, Street Lights, Sidewalks |
|---|
| State | TX |
|---|---|
| County | Bell |
| City | Killeen |
| Zip Code | 76541 |
| Community Name | Killeen Original |
| Listing VS Median (in Killeen Original) | |
Price: $500,000 low | high Med: $370,000 sqft: 7,420 low | high Med: 3,180 $ / sqft: $67 low | high Med: $116 On site: 196 low | high Med: 74 | |
| State | TX |
|---|---|
| County | Bell |
| City | Killeen |
| Zip Code | 76541 |
| Community Name | Killeen Original |
| Listing VS Median (in Killeen Original) | |
Price: $500,000 low | high Med: $370,000 sqft: 7,420 low | high Med: 3,180 $ / sqft: $67 low | high Med: $116 On site: 196 low | high Med: 74 | |