Courtesy of United Real Estate Frisco, Marcus Nelson , 214-315-0440

3120 Al Lipscomb Way, Dallas, Texas, 75215

3120 and 3126 Al Lipscomb Way offers an opportunity to acquire and reposition a highly visible commercial property in South Dallas, approximately two miles from Downtown Dallas and minutes from Fair Park, Deep Ellum, the Cedars and major transportation corridors. The approximately 0.78-acre site contains two existing buildings totaling approximately 10,735 square feet, with approximately 150 feet of frontage along Al Lipscomb Way. The existing improvements and site configuration provide flexibility for adaptive reuse, redevelopment or repositioning for a variety of commercial and community-serving concepts, including professional office, retail, financial services, small-business incubation, nonprofit and community uses, subject to applicable zoning and approvals. The property is positioned within a broader economic-development environment that may provide access to public and private redevelopment resources. Depending upon the project and investment structure, potential programs may include City of Dallas economic development incentives, TIF-related opportunities, New Markets Tax Credits, Opportunity Zone benefits, project-specific gap financing and other redevelopment assistance. All programs are subject to eligibility, underwriting and governmental approval. The location provides immediate access to Interstate 30 and Interstate 45 and places the property near Fair Park, the Cotton Bowl, African American Museum of Dallas, Martin Luther King Jr. Branch Library and the ongoing public and private investment occurring throughout South Dallas and the Fair Park area. With existing improvements, significant street frontage, proximity to Downtown Dallas and multiple potential redevelopment paths, 3120 and 3126 Al Lipscomb Way offers an opportunity for an owner-user, developer, investor or community-focused organization to establish a long-term presence in an evolving central Dallas market.

Active

$1,300,000

Commercial

10,735 Sqft

0.78 Acre

MLS

20617628

1 Stories

Built in 1935

Bomars Grand Ave

Disclaimer: The information contained in this listing has not been verified by United Real Estate Frisco and should be verified by the buyer.

Information provided by NTREIS

REQUEST MORE INFO

We will never spam you!

I agree to be contacted by the office for real estate purposes via call, email and/or text. Message frequency varies. To opt out, you can reply "stop" at any time or click the unsubscribe link in the emails. Message and data rates may apply. Reply HELP for help. View Terms of Service and Privacy Policy. If you'd like to unsubscribe click here.

ADDRESS & DIRECTIONS

  • Street Address: 3120 Al Lipscomb Way
  • City: Dallas
  • State: Texas
  • County: Dallas
  • Subdivision: Bomars Grand Ave
  • Directions:
    The is located 1-quarter mile from Dallas Fair Park on Al Lipscomb Way and Medill St.

PROPERTY FEATURES

General Information

  • Building Use : Restaurant,Retail,Other

Energy Features

  • Green Verification Count : 0

Rooms Information

  • 1 Unit(s)

Interior Features

  • Flooring : Combination
  • Ceiling Height : 8 to10 Feet

Parking Features

  • Parking Features: Asphalt

Construction Features

  • Construction Materials: Block,Brick
  • Foundation Details: Slab

Utility Information

  • Utilities : Asphalt,City Sewer,City Water,Concrete,Curbs,Electricity Available,Individual Water Meter,Sewer Available

Commercial Features

  • Business Type: Restaurant,Retail

Other Features

  • Zoning Description : PD 595 South Dallas Fair Park Special Purpose District
  • Title Company Preferred: Unitum Title - Olivia

SCHOOLS NEAR 3120 Al Lipscomb Way

  • Courtesy of United Real Estate Frisco, Marcus Nelson
  • Property last updated on NTREIS : 10/14/2026 1:11:56 AM