0 Baths
7,420 sqft
$500,000
403 N Gray Street, Killeen TX, 76541
Price per sqft$67.39
Built in1966
Property size7,420 sqft
Property typeCommercial
Overview
Active
Listed Feb 16, 2026
Updated Jul 11
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.
Courtesy of Empyral Group, Llc, Anthony Rodriguez
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