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Investment Highlights

  • Landmark Building with Strong Local Recognition
  • High-Traffic Frontage on W. Wall Street
  • Excellent Redevelopment or Repurposing Opportunity
  • Convenient Access with Strong Midland–Odessa Connectivity

Executive Summary

Positioned on highly traveled W. Wall Street—one of the main corridors connecting Midland to Odessa—this iconic commercial building offers a rare opportunity to revitalize a well-known local landmark. Formerly a thriving entertainment destination, the property was once a popular bowling alley and social hub for the Midland community.
The expansive interior features 24 bowling lanes with existing equipment that could potentially be brought back to life with a tune-up and refresh. Historically, the facility also included a full bar and kitchen equipped with a vent-a-hood and grease trap, along with a pool hall area that made it a complete entertainment venue.
In addition to its massive open floor plan, the building includes dedicated office space and ample storage areas to support a variety of operational needs. The property sits on a large paved parking lot, providing abundant parking for guests, staff, or customers.
With its size, layout, and prime location along a major Midland–Odessa thoroughfare, the building presents endless redevelopment possibilities. It could be restored as an entertainment venue or repurposed for a wide range of uses such as climate-controlled storage, a concert or event hall, a church or special-purpose facility, or other large-scale commercial concepts.
The property also includes a second building located on the north portion of the site, currently occupied by a long-term tenant within a fenced area. If the front building is leased, access to the rear of the property will be provided along the east side of the site to accommodate the existing tenant. The rear building tenant will remain in place under a long-term lease. Financial details related to this lease are available upon request.
The property encompasses approximately 5.26 acres and features 51,697 square feet under roof at 3920 W. Wall Street in southwest Midland. The site includes two buildings. The rear building consists of approximately 13,920 square feet and sits on a 2-acre fenced lot; it is currently leased. The front building offers approximately 38,530 square feet on 3.5 acres and is available for lease, featuring approximately 460 feet of frontage along W. Wall Street.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bowling Alley
Building Size
51,697 SF
Building Class
C
Year Built
1957
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
5.26 AC
Zoning
RR - RR - Regional Retail District

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 38,530 SF
  • Retail
  • -
  • Now

Positioned on highly traveled W. Wall Street—one of the main corridors connecting Midland to Odessa—this iconic 38,530-square-foot commercial building offers a rare opportunity to revitalize a well-known local landmark. Formerly a thriving entertainment destination, the property was once a popular bowling alley and social hub for the Midland community. The expansive interior features 24 bowling lanes with existing equipment that could potentially be brought back to life with a tune-up and refresh. Historically, the facility also included a full bar and kitchen equipped with a vent-a-hood and grease trap, along with a pool hall area that made it a complete entertainment venue. In addition to its massive open floor plan, the building includes dedicated office space and ample storage areas to support a variety of operational needs. The property sits on a large paved parking lot, providing abundant parking for guests, staff, or customers. With its size, layout, and prime location along a major Midland–Odessa thoroughfare, the building presents endless redevelopment possibilities. It could be restored as an entertainment venue or repurposed for a wide range of uses such as climate-controlled storage, a concert or event hall, a church or special-purpose facility, or other large-scale commercial concepts. The property also includes a second building located on the north portion of the site, currently occupied by a long-term tenant within a fenced area. If the front building is leased, access to the rear of the property will be provided along the east side of the site to accommodate the existing tenant. The rear building tenant will remain in place under a long-term lease. Financial details related to this lease are available upon request.

Space Size Space Use Position Available
1st Floor 38,530 SF Retail - Now

1st Floor

Size
38,530 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 38,530 SF
Space Use Retail
Position -
Available Now

Positioned on highly traveled W. Wall Street—one of the main corridors connecting Midland to Odessa—this iconic 38,530-square-foot commercial building offers a rare opportunity to revitalize a well-known local landmark. Formerly a thriving entertainment destination, the property was once a popular bowling alley and social hub for the Midland community. The expansive interior features 24 bowling lanes with existing equipment that could potentially be brought back to life with a tune-up and refresh. Historically, the facility also included a full bar and kitchen equipped with a vent-a-hood and grease trap, along with a pool hall area that made it a complete entertainment venue. In addition to its massive open floor plan, the building includes dedicated office space and ample storage areas to support a variety of operational needs. The property sits on a large paved parking lot, providing abundant parking for guests, staff, or customers. With its size, layout, and prime location along a major Midland–Odessa thoroughfare, the building presents endless redevelopment possibilities. It could be restored as an entertainment venue or repurposed for a wide range of uses such as climate-controlled storage, a concert or event hall, a church or special-purpose facility, or other large-scale commercial concepts. The property also includes a second building located on the north portion of the site, currently occupied by a long-term tenant within a fenced area. If the front building is leased, access to the rear of the property will be provided along the east side of the site to accommodate the existing tenant. The rear building tenant will remain in place under a long-term lease. Financial details related to this lease are available upon request.

Nearby Major Retailers

Denny's
Rent-A-Center
CrossFit

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R000038-827
  • R000038-826
  • R000038-828
  • R000038-825
Land Assessment
$337,170
Improvements Assessment
$601,770
Total Assessment
$938,940
  • Listing ID: 39697399

  • Date on Market: 3/8/2026

  • Last Updated:

  • Address: 3920 W Wall St, Midland, TX 79703

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