Finding a true warehouse conversion with this much volume is difficult. This unit at 300 Beale Street offered a blank slate inside the Embarcadero Lofts.

Sellers asked $1,695,000 for this build ready residence. The market responded differently after nearly a year on the listing service. The closing price landed at $1,472,000. That puts the sale $223,000 under asking.

Buyers secured a significant amount of space for that final number. It allows room in the budget for the necessary build out… assuming the contractors are available.

For more Underbid sales, head to The Goods.

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