403 N Gray St, Killeen, TX 76541

$500,000

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List Price
$500,000
Status
ACTIVE
MLS#
6372036
Days on Market
164
Lot Size
7,623
Area
Bell

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

Taxes
$7,479
Tax Year
2025
Year Built
1966
Parking Spaces
7
Construction
Brick, Masonry All Sides
Region
Bell
Sewer
Public Sewer
Street Name
N Gray St
Street Number
403
Neighborhood
Killeen Original
Water
Public
Acres
0.18
County
Bell
Floor
Concrete
Heating
None

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Calculator source: Real Geeks

Listing courtesy of Empyral Group, Llc. Contact: (254) 526-0399

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