Redevelopment Retail and Office
403 N Gray Street Killeen, TX 76541
403 N Gray Street, Killeen, TX, 76541
$500,000
For Sale
$500,000
Fully demoed retail and office shell in a historic downtown overlay, suited for flexible redevelopment concepts.
Property Size7,420 SF
Price / SF$67.39
Days on Market46
Property Features for 403 N Gray Street
General Information
- Standard status
- Active
- Size
- 7,420 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1966
Listing Agency
Empyral Group, Llc
(254) 702-3165
Listed by
Anthony Rodriguez · License #0501389
(254) 702-3165
Source
Signaturere
Added: Jun 4 Checked: Jul 17 at 8:50 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Empyral Group, Llc
Investment Insights
Based on property information with market context.
403 N. Gray Street is a retail and office building positioned within Downtown Killeen’s Historic Overlay District. The property has been fully demoed to the studs, leaving a clean structural shell that supports a customized redevelopment approach without legacy interior constraints. With flexible use potential identified for retail, restaurant, office, entertainment, mixed-use, and service uses, the building can be reconfigured to fit a tenant or operator’s specific program.
The site sits in the City’s active downtown revitalization corridor and is located in a district designated by historic overlay requirements. Zoning is listed as B-5 (Central Business District), which can support a range of commercial activities. Because the property is within the Historic Overlay District, the remarks note the possibility of layered public incentives and historic tax credits that may enhance project feasibility and long-term considerations.
For buyers, developers, and experienced tenants seeking a ground-up interior strategy, this property offers a straightforward redevelopment canvas with demolition already completed. Its B-5 zoning and historic overlay designation support planning for a retail-forward concept, service use, or mixed-use direction, subject to applicable approvals and final design requirements.
The site sits in the City’s active downtown revitalization corridor and is located in a district designated by historic overlay requirements. Zoning is listed as B-5 (Central Business District), which can support a range of commercial activities. Because the property is within the Historic Overlay District, the remarks note the possibility of layered public incentives and historic tax credits that may enhance project feasibility and long-term considerations.
For buyers, developers, and experienced tenants seeking a ground-up interior strategy, this property offers a straightforward redevelopment canvas with demolition already completed. Its B-5 zoning and historic overlay designation support planning for a retail-forward concept, service use, or mixed-use direction, subject to applicable approvals and final design requirements.
Key Highlights
- 403 N. Gray St in Downtown Killeen’s Historic Overlay District, built in 1966
- Interior demolition completed to the studs, leaving a clean structural shell for redevelopment
- B‑5 (Central Business District) zoning
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bellco Park
Park
Similar For Sale Nearby
Similar Off Market Nearby
- A Flowers Touch — 710 W Rancier Ave Ste 230, Killeen, TX 76541
- Christell's Weddings & Events — 214 E Avenue B, Killeen, TX 76541
FAQs
What type of property is this?
Storefront property - Fully demoed retail and office shell in a historic downtown overlay, suited for flexible redevelopment concepts.
Where is this storefront property located?
The property is located at 403 N Gray Street Killeen, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 403 N. Gray St in Downtown Killeen’s Historic Overlay District, built in 1966; Interior demolition completed to the studs, leaving a clean structural shell for redevelopment; B‑5 (Central Business District) zoning
