3120 Al Lipscomb Way Retail FOR SALE


$1,300,000 USD
214-315-0440
, Dallas, TX for Sale
$1,300,000 USD
Retail - FOR SALE
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3120 Al Lipscomb Way
Dallas, TX
South Boulevard-Park Row


HIGHLIGHTS

  • Excellent Development Opportunity
  • Approximately 0.78-acre site with two existing buildings totaling ±10,735 SF.
  • Located roughly two miles from Downtown Dallas.
  • Positioned within an area benefiting from ongoing public and private investment initiatives.
  • Suitable for adaptive reuse, redevelopment, or repositioning opportunities.

OVERVIEW

3120 & 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 & 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.

ASK ABOUT THIS PROPERTY

Marcus NelsonJPAR Real EstateMore Info
214-315-0440

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Marcus NelsonJPAR Real EstateMore Info
214-315-0440

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