ActiveCommercial · sale

815 N 8th Street

Killeen, TX 76541

$599,900

  • 5,555 sq ft
  • 0.43 acres
  • Built 2004

Listed by Real Broker · MLS #626846

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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815 N 8th Street, Killeen, TX 76541 · MLS #626846

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2004.

Property size

0.43 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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Turnkey Multi-Tenant Investment Opportunity | Value-Add Upside

This fully leased B-5 Commercial Plaza presents an exceptional opportunity for investors seeking immediate cash flow with future rent growth potential.

The property consists of 5,555 SF of retail/commercial space divided into five suites, currently 100% occupied by three established tenants, generating $4,300 per month ($51,600 annually) in current rental income.

Built in 2004, the plaza sits on a highly visible corner lot encompassing approximately 0.43 acres and offers abundant on-site parking, excellent access, and strong exposure to surrounding commercial and residential traffic. The flexible multi-suite layout accommodates a variety of retail, office, service, and community-focused businesses, while five separate HVAC units provide efficient operation and tenant flexibility.

This stabilized asset offers investors the advantage of day-one cash flow with a compelling value-add opportunity. Current rents provide solid income today, while the property's pro forma potential of approximately $6,000 per month ($72,000 annually) highlights a clear path to increased revenue through lease renewals, rent adjustments, and optimized tenant mix. The upside represents a potential increase of over 39% in gross monthly income, making this an attractive opportunity for investors seeking both stability and growth.

THE NEIGHBORHOOD

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815 N 8th Street, Killeen, TX 76541

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LOCAL MARKET CONTEXT

Bell County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$278,228Up 0.7% vs. the previous 12 months
Months of supply6.012-month average
Days on market11212-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
2004
Cooling
CentralAir,Electric,ThreeOrMoreUnits
Heating
Electric,MultipleHeatingUnits
Flooring
Combination
Utilities
ElectricityAvailable,HighSpeedInternetAvailable,PhoneAvailable
Exterior
Lighting
Accessibility
Other,SeeRemarks
Subdivision
Killeen Original
Zoning
B-5
Parcel
59895

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #626846 · Central Texas MLS

Listing brokerage: Real Broker
Listing agent: Oraya Fernandez

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.