403 N Gray St, Killeen, TX 76541

$500,000

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List Price
$500,000
MLS#
21178745
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1966
Construction Status
New Construction - Incomplete
Acres
0.18
County
Bell
City
Killeen
Subdivision
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

Unexempt Taxes
$7,480
Lot Size
7,623
Acres
0.18
Flooring
Concrete
Foundation
Slab
Roof
Metal
Building Stories
1
Parking Garage
Parking Lot
Possession
CloseOfEscrow
Proposed Use
Industrial
Inclusions
Building Only

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Calculator source: Real Geeks

Listing courtesy of Anthony Rodriguez from Empyral Group, Llc. Contact: 254-526-0399