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Property Description for 1668 ELLIS ST
This 6478 sq.ft. office building can be redeveloped into a 26 storey tower or held pending land assembly with the rest of the block. Land Assembly potential up to 0.85 acres with 5 adjacent parcels. Building is leased and has full kitchen and boardroom/ meeting room facilities for additional rental income. New developments are selling out quickly as single family homes are becoming out of reach for first time buyers who are increasingly looking at the condo market. This prime corner is an ideal location for office space and/or holding income.