Historic Downtown Killeen Total Building Size: 18,000 SF Ground Floor: 12,000 SF Second Floor: 6,000 SF Property Overview Located in the heart of Killeen’s Historic Downtown District, this iconic 18,000-square-foot commercial building offers a rare opportunity to establish or expand a business in one of the city’s most historically significant and revitalizing corridors. The property previously housed the legendary Modern TV & Appliance, a family-owned business founded in 1957 by T.J. Mills. Operating for over 50 years, the business was a cornerstone of downtown Killeen and remains a well-known local landmark. Key Features Prominent downtown location in the Historic Downtown District Large, flexible floor plates suitable for retail, office, showroom, restaurant, entertainment, mixed-use, or creative concepts Two-story configuration allowing for multi-tenant or single-user layouts Excellent visibility and walkability within the downtown core Rich historical character with strong community recognition Incentives & Redevelopment Opportunities This property qualifies for incentives under the City of Killeen’s North Killeen Revitalization Program, designed to encourage redevelopment and long-term business success in the Downtown Historic District. Available benefits may include: Grants and funding assistance for qualifying projects Fee waivers in accordance with Ordinance 23-001, adopted January 10, 2023 Incentives for rehabilitation, expansion, and/or new construction Flexibility for non-conforming lots, provided the structure is brought up to current building codes These incentives significantly reduce upfront development costs and support adaptive reuse for commercial and mixed-use projects. Ideal Uses Retail or flagship storefront Restaurant, bar, or food hall Office or coworking space Event venue or entertainment concept Mixed-use commercial Community-focused or destination business Location Highlights Central location in Historic Downtown Killeen Part of an active revitalization zone backed by city support Strong local identity and historical significance Easy access to surrounding neighborhoods and major corridors