403 N Gray Street, Killeen, TX 76541

$500,000
7,420
SqFt

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List Price
$500,000
Status
ACTIVE
Days on Market
161
MLS#
603225
Subtype
Commercial Sale
Year Built
1966
Living Area
7,420
Acres
0.18
Subdivision
Killeen Original
Neighborhood
Killeen Original

Property Description

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.

Additional Information

Zoning
B5
Flooring
Concrete
Heating
None
Air Conditioning
None
Stories
1
Levels
One
Roof
Metal
Foundation
Slab
Parking Features
Four or more Spaces, Parking Space(s)
School District
Killeen ISD
Elementary School
Maude Moore Wood Elementary School
Middle School
Rancier Middle School
High School
Killeen High School
View
None

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Calculator source: Real Geeks

Courtesy of Empyral Group, Llc