416 S Gay St Unit 204, Knoxville, TN 37902

$799,500
2
BD
2
BA
1,456
SqFt

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List Price
$799,500
Price Change
▼ $165,500 1784831581
MLS#
1341587
Status
ACTIVE
Type
Condo
City
Knoxville
County
Knox
Bedrooms
2
Bathrooms
2
Living Area
1,456
Year Built
1905
Subdivision
Jcpenny Building Condominiums
Occupancy
Permanent Residence

Property Description

This impressive loft seamlessly blends modern sophistication with refined industrial design while preserving the historic character of the building through rustic exposed brick, textured plaster walls, and original exposed beams. This stunning two-bedroom residence features an expansive great room with soaring ceilings, oversized windows, and a Juliet-style balcony that fills the space with natural light. The open-concept dining area flows effortlessly into the beautifully appointed kitchen, complete with concrete countertops, sleek cabinetry, and stainless steel appliances. Additional highlights include generous closet space, a separate laundry room, controlled elevator access, and secure fob/code entry from both the Gay Street entrance and the rear entrance through the attached Promenade Garage. Originally constructed around 1905, the iconic JC Penney Building was thoughtfully redeveloped in 2016 into an exceptional mixed-use property featuring just 17 private residences above Maple Hall, Knoxville's renowned 'spirited bowling experience.' Ideally situated in the heart of Downtown Knoxville's Theater District, the JC Penney Lofts are just one block from Market Square and Krutch Park. Step outside to enjoy some of the city's finest restaurants, cafés, farmers markets, entertainment venues, fitness studios, and art galleries. Nearby attractions also include World's Fair Park and its greenway system, the University of Tennessee, Covenant Health Park, Emory Place, Downtown North, the PetSafe Dog Park, and the South Waterfront--placing the very best of downtown living just moments from your front door. Public parking with EV charging stations is conveniently available in the attached Promenade Garage directly behind the building, as well as the nearby State Street Garage, where parking is currently free on evenings and weekends. Approximate square footage is based on Courthouse Retrieval Records and is an estimate only. Buyer to verify square footage, taxes, and HOA fees, as all are subject to change.

Additional Information

Amenities
Elevator(s)
HOA Frequency
Monthly
HOA Fee
$463
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Construction
Other, Brick
Cooling
Ceiling Fan(s), Central Air
Floors
Tile, Hardwood
Garage
Other
Living Area
1,456
Lot Description
Other
Style
Other, Historic
Year Built
1905

Mortgage Calculator

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Calculator source: Real Geeks

Agent: Kimberly Dixon Hamilton |

Office: Downtown Realty, Inc. |