403 N Gray Street, Killeen, TX 76541
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403 N Gray Street, Killeen, TX 76541
403 N Gray Street, Killeen, TX 76541
403 N Gray Street, Killeen, TX 76541
403 N Gray Street, Killeen, TX 76541
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Holly Kraatz

Holly Kraatz

+1(817) 614-2325
$ 485,000
Est. payment /mo
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403 N Gray Street Killeen, TX 76541

7,623 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Killeen Original

MLS Listing ID 21178745

Total Fin. Sqft 7420

Year Built 1966

Annual Tax Amount $7,480

Lot Size 7,623 Sqft

Acres 0.175

Lot Dimensions 54 x 140

Property Sub-Type Industrial

Property 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.

Location

State TX

County Bell

Zoning B5

Direction 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

Interior

Heating Central, Electric

Cooling Central Air

Flooring Concrete

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Metal

Accessibility Accessible Approach with Ramp

Garage No

Building

Foundation Slab

Structure Type Brick

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21178745

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Anthony Rodriguez • Empyral Group, Llc

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Holly Kraatz

Holly Kraatz

Broker / Owner License ID: 0607618

+1(817) 614-2325

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