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.
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
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7,420SQFT
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$65$/SQFT
School Information
© 2026 Central Texas MLS.
Listing courtesy of Anthony Rodriguez of Empyral Group, Llc: (254) 526-0399.
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.
© 2026 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Myles Group | Keller Williams Northwest Austin. Data last updated: 2026-10-14T18:06:04.297.