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What does everyone think of this place? As far as we’re concerned, it’s neither fish nor fowl. If we wanted a loft, we’d be looking for beamed ceilings, old columns, etc.; we’d be happy to have some modern fixtures or finishes in that context, but we want the raw material to have some history in its bones. Maybe it’s the recessed lighting or we’re being unduly influenced by the leather couch, but we’re not feeling this converted two-story commercial building on Pacific betwen Smith and Hoyt. And judging from the fact that the price has recently been cut, no one else particularly is either. Perhaps that’s because it’s priced as if it were a four-story Greek Revival house on the same block. Don’t get us wrong: 3,750 square feet of high-ceilinged space in the area for $2,390,000 isn’t a rip-off in itself, but people don’t buy square footage, they buy a dream.
297 Pacific Street [Bellmarc Realty] GMAP P*Shark


What's Your Take? Leave a Comment

  1. The property isn’t ugly, it’s the interiors and decor. Horrible. The wall colors are so Sante Fe, a bad early 90’s trend. They could have put in a fab new kitchen for $50K but they’ll lose $100K at least off the asking price, because they didn’t do it. However, time is money. That’s for sure. Sometimes people need to save the time, just sell and move on, instead of spending weeks on renovations. But the buyers will have to work a lot more to see past the ugly and see the potential.

  2. so, anon @ 3:04, you’re figuring you could do say, 1580-1620 SF, right?

    sheesh, that place is fugly. church basement meeting room, seconded.

    so why’d i open my big yap, if i don’t like it so much? because it’s 2.4 million dollars, people.

    sheesh.