$595,000

804 N Gray Street, Killeen, TX 76541

  • 9,496 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $63/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Located in the heart of downtown Killeen, this mixed-use corner lot presents an exceptional investment opportunity. With major redevelopment projects happening across the city, including a $68 million facelift on Rancier Avenue and a new event center across the street, this property is positioned perfectly for business growth. Recent improvements include a resurfaced parking lot, fresh paint, a new roof, and interior build-outs. The property offers a total of 9,676 sq. ft. of leasable space, zoned for mixed-use and suitable for various business types. Unit 806 (3,460 sq. ft.) is currently leased until 2027, while Unit 802 (3,460 sq. ft.), a former nightclub, is vacant and requires renovation. Unit 804 (2,756 sq. ft.) is move-in ready for lease. Lease rates are advertised at $0.83 per sq. ft., with flexible lease options available. This high-visibility corner lot is ideally located in a revitalized downtown district with significant city investment driving long-term growth and increased property value. It is perfect for retail, office, entertainment, or restaurant businesses. Don't miss out on this opportunity to establish your business in one of Killeen's fastest-growing areas. Contact us today for a showing or to discuss lease terms!

Listing Status:
Active
Date Added:
March 13, 2025 at 05:00AM
Listing Office:
Linnemann Realty : 254-628-9272
Listing Agent:
Michael E. Linnemann : 254-535-6186
MLS ID:
573060
  • Flooring: CarpetCarpet FreeConcreteCeramic TileLaminateTile
  • A/C: Central AirElectric3+ Units
  • Heating: CentralElectricMultiple Heating Units
  • Disability Feature: Safe Emergency Egress from HomeLevel LotNo Stairs

This listing courtesy of Michael E. Linnemann, Linnemann Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Ward Elementary School

709 W Dean Ave, Killeen, TX, 76541

Grades PK-5

0.59 miles away

N

Nolan Middle School

505 E Jasper Dr, Killeen, TX, 76541

Grades 6-8

1.78 miles away

K

Killeen High School

500 N 38th St, Killeen, TX, 76543

Grades 9-12

1.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.