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Huge Price Reduction | La Mesa 8923 La Mesa Blvd 2,743 SF Vacant Office Building La Mesa, CA 91941 $2,100,000 ($765.59/SF)
Investment Highlights
- Seller Motivated - Freestanding 2,743 sf office building, 2 story, 3 Tenants over 2 parcels…Price Reduction on 3/16/26 from $2,495,000 to $2,100,000.
- Approved for the potential redevelopment of the site to expand the existing building to 3 stories, with 6,197 SF of modern retail and office space.
- Affluent trade area with an average household income of over $110,000 within 1 mile, providing strong support for almost 2,000 businesses in the area.
- Potential Additional Purchase Alternative - Tremendous investment opportunity, to acquire a 3rd parcel
- Redevelopment plans include a rooftop restaurant and bar, with full liquor license capability, and outdoor seating.
- Tremendous investment opportunity, with city-approved redevelopment to include a 3rd-story restaurant and bar, coupled with the existing rent revenue.
Executive Summary
This is an exclusive, unique, and rare opportunity to purchase the existing 2,743 square foot, two-story retail and office building, lies on .31 acres (13,337 sf) at 8923 La Mesa Boulevard, La Mesa, California. With the dentist lease expiring July 31, 2026, coupled with other existing occupants on month-to-month tenancy, there is the opportunity to potentially have vacant by August 1st.
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.
*Potential Additional Purchase Alternative* - Tremendous investment opportunity, to acquire a 3rd parcel (residence for parking field - not a part of $2.495 asking), with existing, city-approved redevelopment to include a 3rd-story restaurant and bar, 6,197 sf building, with outdoor seating, full liquor license, coupled with the existing rent revenue.
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.
*Price Reduction as of 3/16/2026*- Now $2,100,000
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.
*Potential Additional Purchase Alternative* - Tremendous investment opportunity, to acquire a 3rd parcel (residence for parking field - not a part of $2.495 asking), with existing, city-approved redevelopment to include a 3rd-story restaurant and bar, 6,197 sf building, with outdoor seating, full liquor license, coupled with the existing rent revenue.
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.
*Price Reduction as of 3/16/2026*- Now $2,100,000
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Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,743 SF
Building Class
C
Year Built
1954
Price
$2,100,000
Price Per SF
$765.59
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,372 SF
Building FAR
0.20
Lot Size
0.31 AC
Zoning
C - Retail Opportunity - Proposed 6,147 sf, existing Dentist on 1st floor, Salon on 2nd floor and City Approved Restaurant & Bar on 3rd Story.
Parking
12 Spaces (4.37 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $362,541 | |
| Land Assessment | $597,320 | Total Assessment | $959,861 |
Property Taxes
Parcel Numbers
Land Assessment
$597,320
Improvements Assessment
$362,541
Total Assessment
$959,861
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Huge Price Reduction | La Mesa | 8923 La Mesa Blvd