420 E Ave C - Specialty FOR SALE


Killeen, TX 76541- Killeen/Fort Hood
$1,500,000 USD
254-628-9272
420 E Ave C, Killeen, TX for Sale
$1,500,000 USD
Specialty - FOR SALE
1/27
null | Request Cap Rate

420 E Ave C
Killeen, TX 76541
Killeen/Fort Hood


OVERVIEW

The property's flexible configuration supports a wide variety of commercial applications, including: Restaurant, bar, and lounge concepts Live music venue or comedy club Event center or banquet hall Church or ministry facility Retail showroom or specialty retail Creative office or co-working space Mixed-use commercial operations Community gathering or entertainment venue This unique two-parcel offering presents approximately 21,850 square feet of adaptable commercial space situated on 0.79 acres in the heart of Killeen.? Currently configured for entertainment, event, and mixed-use commercial operations, the property features expansive open floor plans, high-capacity gathering areas, and flexible layouts that can accommodate a variety of business concepts.? The property's existing configuration makes it particularly well-suited for live performance venues, comedy clubs, music halls, banquet and event facilities, entertainment destinations, and other specialty commercial uses.? A fully equipped commercial kitchen with a code-compliant sprinkler system provides significant value for food service, catering, hospitality, and event-driven operations, allowing future operators to seamlessly integrate dining and entertainment offerings.? Beyond its entertainment potential, the property can support a wide range of retail, service, showroom, creative office, educational, or community-oriented uses.? Its downtown-adjacent location offers excellent visibility, accessibility, and proximity to Killeen's established commercial corridors, positioning the property to benefit from both local traffic and destination-based visitors.? With immediate occupancy potential, substantial on-site parking, and a versatile layout rarely available in the local market, 420 East Avenue C and 312 North 8th Street represent an exceptional opportunity for investors, owner-users, and entrepreneurs seeking a large-format commercial property with significant operational flexibility and redevelopment potential.? Buyer and tenant prospects should independently verify zoning, permitted uses, and development requirements with the City of Killeen.?

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

420 E Ave C & 312 N 8th

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Bar, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

B-5

APN/PARCEL ID

7202

ASK ABOUT THIS PROPERTY

Michael LinnemannLinnemann RealtyMore Info
254-628-9272

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Michael LinnemannLinnemann RealtyMore Info
254-628-9272

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.