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Three-Suite Restaurant Building
For Sale
$370,000

307 N 8th Street, Killeen, TX 76541

COMMERCIAL - Killeen, TX

Property Size3,180 SF
Lot Size0.08 Acres
Price / SF$116.35
Days on Market48

Property Features for 307 N 8th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-5
Subdivision Killeen Original
Lot features City Lot, Half To One Acre Lot
Directions From the intersection of Bus 190/Veterans Memorial Blvd and 8th St, head north on 8th St. The property will be on your left between Ave D and Ave C.
Standard status Active
APN 55894
Size 3,180 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description KILLEEN ORIGINAL, BLOCK 011, LOT PT 9, 10, (N 60' OF 10 & N 60' OF E 23' OF 9)
Tax Annual Amount 2138
Legal Description KILLEEN ORIGINAL, BLOCK 011, LOT PT 9, 10, (N 60' OF 10 & N 60' OF E 23' OF 9)

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1955
Floors in Building 1
Flooring type Carpet, Vinyl
Building materials Block, Concrete
Listing Agency: Jim Wright Company
Listed By: Molly Repasch · License #0554928
Added: Jun 18 Changed: Aug 3 Last Checked: Aug 4 at 3:06AM
MLS# 617333

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-suite restaurant building is positioned to support both an operating restaurant and flexible space for additional retail, office, or service users. Suite 307 is currently operating as a small restaurant, while Suites 309 and 311 are available. Suites 309 and 311 feature primarily open layouts, with one storage area and one restroom per suite, offering a straightforward setup for a variety of concepts.

The property sits on a 0.0799-acre lot and includes a 3,180-square-foot building. Construction materials include block and concrete, with carpet and vinyl flooring and window unit(s) cooling. It was built in 1955, and public utilities are available with public water and public sewer. The roof is described as newer.

Located in the Historic Downtown District of Killeen, the area is described as benefiting from continued city revitalization efforts, including new paving, updated sidewalks, improved traffic flow, and ongoing business growth and redevelopment. Downtown Killeen is also described as hosting community events, and the district is described as maintaining over 85% occupancy.

Key Highlights

  • Three suites: Suite 307 operating as a small restaurant; Suites 309 and 311 available
  • Suites 309 and 311 have primarily open layouts plus one storage area and one restroom per suite
  • B‑5 zoning

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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

677
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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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 - B-5 zoned three-suite restaurant building with Suite 307 operating and Suites 309 and 311 available with open layouts.
Where is this conventional restaurant located?
The property is located at 307 N 8th Street 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 suites: Suite 307 operating as a small restaurant; Suites 309 and 311 available; Suites 309 and 311 have primarily open layouts plus one storage area and one restroom per suite; B‑5 zoning
More about this property
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