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420 E Ave C 21,850 SF Retail Building Killeen, TX 76541 For Sale

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INVESTMENT HIGHLIGHTS

  • Strong visibility and street presence on Avenue C and 8th Street
  • Central Killeen location with convenient access to Highway 190/Interstate 14
  • Flexible layouts suitable for office, service, retail, or mixed commercial use
  • Two commercial buildings offered together—ideal for owner-user, investor, or redevelopment

EXECUTIVE SUMMARY

The combined offering of 420 East Avenue C and 312 North 8th Street in Killeen, Texas delivers approximately 21,850 square feet of adaptable commercial space across 0.79 acres in the heart of the city. Currently configured for entertainment, events, and mixed-use commercial operations, the property’s open floor plans and high-capacity areas make it ideally suited for live performance venues, comedy clubs, music halls, banquet facilities, and other specialty uses. A fully equipped commercial kitchen enhances its appeal for food service, catering, and hospitality operations, allowing operators to integrate full-service dining with ticketed events. With flexible layouts that can also accommodate retail, service, and creative office uses, this large-format, downtown-adjacent property is one of the few spaces in the Killeen market ready for immediate occupancy by operators seeking a high-visibility, experience-driven destination. Zoning to be verified with the City of Killeen; preliminary information indicates a commercial district compatible with entertainment and mixed-use operations.
420 East Avenue C and 312 North 8th Street occupy a prominent position in the heart of Killeen’s historic downtown district, placing tenants within walking distance of local government offices, established retail, dining, and cultural attractions. The property lies within the city’s designated Downtown Revitalization Zone, an area benefiting from targeted infrastructure improvements, façade grant programs, and event-driven business attraction efforts. Killeen is the economic and cultural hub of Central Texas, anchored by Fort Cavazos (formerly Fort Hood), one of the largest military installations in the world, generating steady population growth and driving a robust local economy. The downtown core is evolving into a mixed-use destination, blending entertainment venues, boutique retail, professional offices, and residential lofts. The site enjoys excellent connectivity, with quick access to Business Highway 190, Interstate 14, and major arterial roads linking to Harker Heights, Copperas Cove, and the Greater Fort Hood region. This central location offers strong visibility, pedestrian access, and proximity to a growing base of residents, workers, and visitors drawn to Killeen’s emerging downtown scene.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,850 SF
Building Class
C
Year Built
1957
Tenancy
Single
Building Height
1 Story
Building FAR
0.63
Lot Size
0.79 AC
Zoning
B-5 - DISTRICT "B-5" BUSINESS DISTRICT
Parking
49 Spaces (2.24 Spaces per 1,000 SF Leased)
Frontage
327’ on E. Ave C

AMENITIES

  • Bus Line
  • Corner Lot
  • Security System
  • Signage
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Twice As Funny Comedy Lounge
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Twice As Funny Comedy Lounge - - - -
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

The YMCA
Buddy's Home Furnishings
Planet Fitness
Rent-A-Center
Starbucks
H-E-B
Sam's Southern Eatery

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7202
Land Assessment
$69,000
Improvements Assessment
$784,349
Total Assessment
$853,349
  • Listing ID: 37507416

  • Date on Market: 9/2/2025

  • Last Updated:

  • Address: 420 E Ave C, Killeen, TX 76541

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