Downtown Killeen Commercial Building

623 S 2nd St, Killeen, TX 76541

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For Sale

$250,000

High-visibility commercial building ideal for brand-driven business.

Type:Commercial

Property size:

960 SF

Price / SF:

$260/SF

HighLights

High‑exposure corner lot in downtown Killeen offering prominent frontage and visibility.
Opportunity for an owner‑user to establish a permanent, branded business location.
Well‑suited for creative and client‑facing businesses (photography, design, salon, etc.).
±960 square feet: efficient size for controlling overhead and reinvesting in business growth.
Downtown Killeen location offers proximity to businesses, residential areas, and traffic.
Exterior can be branded and interior can be curated to create a unique client experience.

We can help!

Listing Contact

Patrick Purifoy

Learn more

For Sale

$250,000

High-visibility commercial building ideal for brand-driven business.

Type:Commercial

Property size:

960 SF

Price / SF:

$260/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 3:55 pm

Property Features for 623 S 2nd St

General Information

Standard status: Active
Size: 960 SF
Property subtype: Commercial

Building Details

Year Built: 1984

We can help!

Listing Contact

Patrick Purifoy

Listing agent Patrick Purifoy License #0550494

Listing office Blessed Properties

Listing date Apr 24, 2026

Source Elliman

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 Blessed Properties

HighLights

High‑exposure corner lot in downtown Killeen offering prominent frontage and visibility.
Opportunity for an owner‑user to establish a permanent, branded business location.
Well‑suited for creative and client‑facing businesses (photography, design, salon, etc.).
±960 square feet: efficient size for controlling overhead and reinvesting in business growth.
Downtown Killeen location offers proximity to businesses, residential areas, and traffic.
Exterior can be branded and interior can be curated to create a unique client experience.

Overview

Located on a high-exposure corner lot in downtown Killeen, this commercial building offers an opportunity for an owner-user to establish a permanent home for a brand-driven business. The building, with ±960 square feet, was previously used as a car dealership office. The space is suited for creative and client-facing concepts such as a photography studio, podcast or content creation studio, music or recording space, art studio, design firm, boutique salon, or a hybrid creative office. Prominent frontage and corner visibility allow a business to be seen and recognized. The exterior can be branded, and the interior can be curated. Downtown Killeen offers proximity to established businesses, surrounding residential density, and steady drive-by traffic, making this location ideal for appointment-based and brand-centric operations. The site also supports hybrid concepts that combine creative production, office use, and client consultation under one roof. The location is designed for businesses that value presence over size, identity over anonymity, and ownership over rent. The bike score is 51, indicating it is bikeable, and the walk score is 68, indicating it is somewhat walkable.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$20.7k	$21.60
− Vacancy	−$3.8k	−$3.97
EGI	$16.9k	$17.63
− OpEx	−$4.2k	−$4.41
NOI	$12.7k	$13.22

960 SF · lease $21.60/SF/yr · vacancy 18.40% · expense 25.00%

Alternative Uses

Best Use

Office B

$181.3K

$158.6K – $211.5K (±1% cap)

NOI $12,690 @ 7.0% cap · market cap 5.08%

Second Best

Retail

$163.1K

$142.7K – $190.3K (±1% cap)

NOI $11,419 @ 7.0% cap · market cap 4.57%

Theoretical Best

Office A

$230.6K

$201.8K – $269.0K (±1% cap)

NOI $16,141 @ 7.0% cap · market cap 6.46%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Like Home Vacation ... Hotel & Motel Logistics Country Logistics Company Used cars 4 ... Car Dealership Killeen Tax & Multiservices Tax Preparation

Suggested Use

Location Insight

Map
Local Demand

City: Killeen
County: Bell
State: Texas
Longitude: -97.733451
Latitude: 31.1128718

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For sale
Creative space
TX
Killeen
76541
623 S 2nd St

What type of property is this?

Creative space - High-visibility commercial building ideal for brand-driven business.

Where is this creative space located?

The property is located at 623 S 2nd St Killeen, TX.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: High‑exposure corner lot in downtown Killeen offering prominent frontage and visibility.; Opportunity for an owner‑user to establish a permanent, branded business location.; Well‑suited for creative and client‑facing businesses (photography, design, salon, etc.).