This is an exclusive, unique, and rare opportunity to purchase the existing two-story retail and office building at 8923 La Mesa Boulevard, La Mesa, California. After 4+ years in the entitlement process, the property owners have recently obtained formal city council approval for the potential redevelopment of the site to expand the existing building to 3 stories, approximately 6,147 total building square feet (1st floor – 1,873 square feet, 2nd floor – 2,174 square feet, 3rd floor – 2,100 square feet) including a roof-top restaurant and bar, with full liquor license capability, and outdoor seating. The respective redevelopment opportunity lies upon three separate parcels of land, with a total of 18,806 square feet (0.44 acre). The existing retail and office building is 2,743 square feet, with three tenants, including a salon run by an owner/operator, a dentist, and an athletic therapy provider. There is an existing 400-amp electrical panel, with approval to expand to 800 amps due to the proposed new kitchen and elevator. The site is supported by a strong intersection Average Daily Traffic (ADT) of 43,450, with 22,643 ADT on La Mesa Boulevard and 20,807 ADT on Grossmont Boulevard. There is substantial, immediate freeway traffic, with 197,500+ ADT on Interstate 8 (215,000 during peak months) and 170,000+ ADT on State Highway 125. The trade area is supported by solid demographics: -Population of 14,497 within 1 mile, 158,979 within 3 miles, and 430,507 within 5 miles. -Average household income of $110,727 and a median household income of $83,218 within 1 mile. -1,971 total businesses and 19,147 total employees within 1 mile. -45% of residents own their homes, with 149,511 households within 5 miles. The best is yet to come! The ideal buyer and investor will be the one who recognizes and capitalizes on the immense value the property owners have created.