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Downtown Restaurant and Flex Suites
For Sale
$370,000

307 N 8TH KILLEEN TX 76541, Killeen, TX 76541

Three-suite property in Historic Downtown Killeen, with one operating restaurant and two open-layout spaces for retail or office use.

Property Size3,180 SF
Price / SF$116.35
Days on Market72

Property Features for 307 N 8TH KILLEEN TX 76541

General Information

Standard status Active
Size 3,180 SF
Property subtype Commercial
Zoning B-5

Building Details

Year Built 1955
Stories 1
Listing Agency: Jim Wright Company
Listed By: Molly Repasch · License #0554928
Source: Kwsanantonio
Added: Jun 18 Changed: Aug 25 Last Checked: Aug 28 at 6:48AM

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 Jim Wright Company

Investment Insights

Based on property information with market context.

This property includes three separate suites. Suite 307 is currently operating as a small restaurant. Suites 309 and 311 are available, each featuring a primarily open layout plus one storage area and one restroom per suite, creating flexible space for retail, office, or service-oriented concepts. The building also features a newer roof.

Located in the Historic Downtown District of Killeen, the property is positioned within an area highlighted for ongoing revitalization, including new paving, updated sidewalks, improved traffic flow, and continued redevelopment. Downtown Killeen also hosts community events that add regular activity and visibility to the district. The remarks note the area maintains over 85% occupancy, with new businesses continuing to open along the downtown corridor.

For tenants, owners, or buyers looking for a downtown-ready setup, the existing restaurant suite offers an operational option while the two available suites provide adaptable floorplans for a range of uses. The combination of an income-producing unit and two customizable spaces can support a variety of occupancy strategies for an owner-operator or multi-user arrangement.

Key Highlights

  • Three‑suite commercial property in Historic Downtown Killeen (built in 1955).
  • Suite 307 is currently operating as a small restaurant.
  • Suites 309 and 311 are available with primarily open layouts, plus 1 restroom and 1 storage area per suite.

Property Analytics

Current Use

Waffle Bear & Cafe ... Restaurant

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,583
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76541, TX

19,641
Population
10,207
Households
1.9
Avg Household Size
32
Median Age
12%
College-Educated
83%
High-School Grad
4.9 sq mi
ZIP Area
4,008
Density / Sq Mi
$36,739
Median Household Income
$27,869
Median Earnings
$858
Median Rent
$97,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • International Buffet Restaurant (IBR) 605 N Gray St Ste 1, Killeen, TX 76541

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Three-suite property in Historic Downtown Killeen, with one operating restaurant and two open-layout spaces for retail or office use.
Where is this conventional restaurant located?
The property is located at 307 N 8TH KILLEEN TX 76541 Killeen, TX.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Three‑suite commercial property in Historic Downtown Killeen (built in 1955).; Suite 307 is currently operating as a small restaurant.; Suites 309 and 311 are available with primarily open layouts, plus 1 restroom and 1 storage area per suite.
More about this property
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