Property summary
This exceptional commercial property presents a unique investment opportunity in the heart of downtown Killeen, Texas. The single-story building, encompassing 21,830 square feet, currently operates as the successful Twice as Funny Comedy Club. The property sits on a 0.79-acre lot, providing ample parking with 49 spaces. Its B5 zoning allows for a wide range of commercial uses, offering significant flexibility for future development. The interior boasts multiple rooms, well-equipped kitchen areas, and numerous bathrooms, all designed to efficiently accommodate a large volume of patrons. The existing comedy club business is operational until May 2024, providing a proven income stream and established clientele. All contents within the building convey with the sale, representing a turnkey operation. Located in a vibrant downtown area, this property benefits from high visibility and easy access. The substantial size of the building, combined with the ample parking and flexible zoning, makes this an ideal investment for both seasoned entrepreneurs and those seeking a high-return opportunity in a growing Texas market. The asking price is $2,700,000. This is a rare chance to acquire a well-established business and prime real estate in a desirable location.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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