403 N Gray Street

Killeen, TX 76541
$500,000
7,420 sqft

Description

Positioned in the heart of Downtown Killeen’s Historic Overlay District, 403 N. Gray Street presents a compelling value-add redevelopment opportunity. The building has been fully demoed to the studs, creating a clean structural shell that allows investors or developers to design and execute a customized build-out strategy without legacy interior constraints.Given its location within the city’s active downtown revitalization corridor, the property may benefit from layered public incentives and historic tax credits that could enhance overall project feasibility and long-term returns. Some highlights are in the Downtown Killeen location with strong visibility, B-5 (Central Business District) zoning, Historic Overlay District designation, Interior demolition completed – ready for redevelopment, & Flexible use potential: retail, restaurant, office, entertainment, mixed-use, & service.

Property Type: Commercial - Business
MLS Status: Active
MLS: 6372036
Year Built: 1966
County: Bell
Tract or Division: Killeen Original
List Date: 02/16/2026
Area: KL
Square Feet: 7,420
Total Beds:
Full Baths:
Half Baths:
Acres: 0.17
Lot Size (sqft): 7,622

800.451.8055

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Interior Features

 
Kitchen:
  • None
Floor Coverings:
  • Concrete

Exterior Features

 
Parking:
  • OnSite
  • Unassigned
Siding:
  • Brick
  • Masonry
Foundation:
  • Slab

Utilities

 
Heating/Cooling:
  • None
Utilities:
  • ElectricityAvailable
  • SewerAvailable
  • WaterAvailable

Additional Property Details

 
Listing Agent: Anthony Rodriguez
Broker: Empyral Group, Llc
Listed by: Anthony Rodriguez, Empyral Group, Llc
Phone: 254.526.0399

Location

Schools

School Name Grades Admission
Killeen High School 9 - 12 Regular
Rancier Middle School 6 - 8 Regular
Killeen Elementary School EE - 5 Regular
3 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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