403 N GRAY STREET, KILLEEN, TX 76541

Homes for sale in Killeen.

Homes for sale in 76541.


403 N Gray Street

Killeen, TX 76541

Active

List Price$500,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #603225

7,420

Square Feet

Commercial

Type

About This Property

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 Features

Location Information

County

Bell

Directions

Head southwest on I14, Take exit 284 toward Trimmier Rd, Merge onto E Central Texas Expy, Turn right onto Trimmier Rd, Turn left onto E Hallmark Ave, Turn right onto S Gray St, & Destination will be on the left

Subdivision

Killeen Original

Interior Features

Heating

None

Floors

Concrete

Cooling

None

Disabled Features

Accessible Approach with Ramp

Exterior Features

Stories

1

Dimensions

54 x 140

Construction/Exterior

Brick, Masonry

Zoning

B5

Foundation

Slab

Water Body

None

Possession

ClosingFunding

Has Waterfront

No

Water / Sewer

Public Sewer

Has View

No

Parking Description

Four or more Spaces, Parking Space(s)

View

None

Lot Size in Acres

0.175

Is One Story

Yes

School

School District

Killeen ISD

Additional Information

Roof/Attic

Metal

Status

Active

Property Type

COM

Amenities

None

Property SubType

Commercial

Documents Available

None

Property SubType 2

Commercial Sale

Square Feet Source

Appraiser

Year Built

1966

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Mortgage Calculator

$2,333

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,801

Monthly Tax

$416

Monthly Insurance

$116

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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