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Russell Cox
Relocation Director
REALTOR®
Cell: (254) 717-6447
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403 N Gray Street, Killeen, TX 76541

$500,000
  • 403 N Gray Street, Killeen, TX 76541 Main Photo

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Active
SQUARE FEET7,420 MLS#603225
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONKilleen Original SCHOOLKilleen ISD

Property Description

Positioned in the heart of Downtown Killeens 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 citys 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.

403 N Gray Street | MLS# 603225

This commercial property located at 403 N Gray Street, Killeen, TX 76541 is currently listed for sale with an asking price of $500,000. N Gray Street is located within the Killeen ISD school district. Search Killeen real estate on www.254sale.com today.

Property Features

Property Type: Commercial - Business
Cooling: None
Heating: None
Lot Size: 0.18 Acres
Roof Type: Metal
Stories: 1.0
Year Built: 1966

Feature Descriptions

Accessibility: Accessible Approach with Ramp
Association Amenities: None
Body of Water: None
Community Features: None, Street Lights, Sidewalks
Days on Site: 17
Exterior: Brick, Masonry
Flooring: Concrete
Lot Dimensions: 54 x 140
Parcel#: 25641
Parking: Four or more Spaces, Parking Space(s)
Parking Notes: Four or more Spaces, Parking Space(s)
Sewer: Public Sewer
Water: Public

Local Schools

High School: Killeen High School
Middle School: Rancier Middle School
Elementary School: Maude Moore Wood Elementary School
School District: Killeen ISD

Listed By / Shown By

Listed By

Agency Name: Empyral Group, Llc
Agency Phone: (254) 526-0399

Shown By

Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/06/2026. The listing information on this page last changed on 03/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/06/2026 12:15:15 AM EST) or NTREIS (last updated Thu 03/05/2026 11:49:04 PM EST) or SABOR MLS (last updated Thu 03/05/2026 11:52:56 PM EST) or CTXMLS (last updated Thu 03/05/2026 11:34:32 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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