Corner-Focused Creative Office
623 S 2nd St Killeen, TX 76541
COMMERCIAL - Killeen, TX
Property size:
960 SFLot size:
0.24 AcresPrice / SF:
$260/SF- Added:
- Jan 23, 2026
- Days on Market:
- 168
- Last Refresh:
- Jul 10 at 8:06 am
Property Features for 623 S 2nd St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- Lot size
- 0.24 Acres
Building Details
- Year built
- 1984
- Flooring type
- Tile
- Roof type
- Asphalt
Listing agent Patrick Purifoy License #0550494 (254) 833-9639
Listing office Blessed Properties Bldg 1 3100 Little Nolan Rd., Killeen, TX (254) 833-9639
Listing date Jan 23, 2026
MLS# 11677250
Copyright © 2026 My State MLS. 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 commercial building offers approximately 960 square feet and is currently positioned as an owner-user opportunity for a business looking for a dedicated space. The property has been previously used as a car dealership office, and its configuration supports client-facing operations and a curated interior experience for creative and professional services. The site sits on a corner lot, giving the building a prominent, visible presence.
The property is located at 623 S 2nd St in downtown Killeen, within Bell County. The setting provides corner visibility and frontage for brand recognition and helps support appointment-based and client-consultation activities. Nearby context includes established businesses and surrounding residential density, along with steady drive-by traffic referenced in the remarks.
This building is a practical fit for creative and hybrid concepts that combine production or work space with client meetings and office functions. Potential uses mentioned include photography studios, podcast or content creation studios, music or recording spaces, art studios, design firms, boutique salons, and hybrid creative offices. Buyers should verify zoning, permitted uses, parking requirements, and municipal approvals prior to purchase to confirm the intended business operations.
The property is located at 623 S 2nd St in downtown Killeen, within Bell County. The setting provides corner visibility and frontage for brand recognition and helps support appointment-based and client-consultation activities. Nearby context includes established businesses and surrounding residential density, along with steady drive-by traffic referenced in the remarks.
This building is a practical fit for creative and hybrid concepts that combine production or work space with client meetings and office functions. Potential uses mentioned include photography studios, podcast or content creation studios, music or recording spaces, art studios, design firms, boutique salons, and hybrid creative offices. Buyers should verify zoning, permitted uses, parking requirements, and municipal approvals prior to purchase to confirm the intended business operations.
Key Highlights
- +/-960 SF commercial building on a high‑exposure corner lot in downtown Killeen
- Previously used as a car dealership office—well‑suited for an owner‑operator office setup
- Tile flooring
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| 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
NOI $12,690 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$230.6K
$201.8K – $269.0K
NOI $16,141 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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
Similar For Sale Nearby
FAQs
What type of property is this?
Creative space - Freestanding commercial building on a high-exposure corner lot suited for creative, client-facing office use.
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: +/-960 SF commercial building on a high‑exposure corner lot in downtown Killeen; Previously used as a car dealership office—well‑suited for an owner‑operator office setup; Tile flooring
