116 Gay St #503 Pending

Knoxville,TN 37902

$ 515000

2 Beds

1 Bath

900 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Pending

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $572

Subdivision Sterchi Lofts Condos Unit 503

MLS Listing ID 1292569

Style Historic

Bedrooms 2

Full Baths 1

HOA Fees $229/mo

Year Built 1920

Lot Size 871 Sqft

Property Sub-Type Condominium

Property Description

Experience the best of modern urban living at Sterchi Lofts!

This stunning 2-bedroom, 1-bath condo on the 5th floor offers breathtaking views and a vibrant downtown lifestyle. The expansive window in the main living area—stretching nearly floor to ceiling and wall to wall—floods the open floorplan with natural light and provides the perfect vantage point for watching beautiful sunsets, parades, and events like the monthly First Friday celebration on the 100 block of the Historic Arts District.

Originally the headquarters of Sterchi Brothers Furniture, once the largest wholesale furniture distributor in the Southeast, this historic building was transformed into 100 residences in 2002 and underwent further renovations from 2016 to 2022. During that renovation, the unit was thoughtfully updated with energy-efficient appliances, quartz countertops, a stainless-steel kitchen sink, designer lighting, an upgraded HVAC system, modern plumbing fixtures, and Roca Spanish tile in the shower. The current owners have enhanced it even further, adding custom-built wardrobes in both bedrooms, high-end remote-controlled electric blinds, sliding barn-style doors, and a spacious kitchen island with additional storage.

Residents of Sterchi Lofts enjoy premium amenities, including a 24-hour fitness center, rentable storage, and a rooftop patio with breathtaking panoramic views of the city skyline and the Great Smoky Mountains.

Knoxville continues to thrive, recently ranked among the most desirable cities to live in by U.S. News & World Report (2024). Exciting developments like the new baseball stadium opening in 2025 and the upcoming Neyland Entertainment District will further elevate downtown's appeal.

With award-winning restaurants, art galleries, live music, and entertainment all within walking distance, this is the perfect place to call home. Schedule your showing today!
**Buyer to verify sq ft, taxes, and HOA

Location

State TN

County Knox County - 1

Area 0.02

Interior

Heating Central,Electric

Cooling Central Cooling

Flooring Other

Fireplaces Type None

Exterior

Exterior Feature Windows - Aluminum

Parking Features On-Street Parking,Off-Street Parking,Other

Garage Description On-Street Parking, Off-Street Parking, Other

Community Features Sidewalks

Amenities Available Elevator

View Mountain View,City

Building

Lot Description Other

Sewer Public Sewer

Water Public

Structure Type Steel,Brick,Metal Siding

Others

Acceptable Financing Alternative,Cash,Conventional

Listing Terms Alternative,Cash,Conventional

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