416 S Gay St Unit 303, Knoxville, TN 37902

$995,000
2
BD
2
BA
1,761
SqFt

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Sold Price
$995,000
List Price
$995,000
Closing Date
Jun 16, 2025
MLS#
1297385
Status
CLOSED
Type
Condo
City
Knoxville
County
Knox
Bedrooms
2
Bathrooms
2
Living Area
1,761
Lot Size
1,742
Year Built
1905
DOM
62

Property Description

Welcome to desirable DOWNTOWN LIVING in the historic JC Penney Building! This iconic building was revitalized in 2016 making it a vibrant mixed-use development. This incredible location is the heart of Downtown Knoxville. Gay Street is centrally located between the Theatre District, Tennessee River, Market Square, and the Old City which offers easy access to restaurants, bars, shopping, theaters, and a multitude of local events, giving you the complete urban experience. The building features 17 residences, along with Maple Hall Bowling Lanes and Babalu Tacos & Tapas. This beautifully designed 2 BR, 2 BA residence with 1,761 SF includes a spacious open concept with large windows, high ceilings, gleaming hardwoods, exposed brick walls, original beams, stylish cabinetry, ample concrete countertops, and stainless steel appliances. The owner's suite has luxury features such as tiled walk-in shower, soaker tub with marble tile surround, walk-in closet and double floating vanity. This remarkable loft has been completely renovated, and combines modern and semi-industrial styles while preserving its historic charm. This is not only a fantastic investment, it's a lifestyle endeavor. Public parking is available on street, and in the Promenade Garage directly behind the building, as well as in the nearby city-owned State Street Garage (parking is free on nights and weekends). Learn more at https://www.jcpenneyboa.com.

Additional Information

Acres
0.04
Community Amenities
Elevator, Security, Other
Appliances
Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Construction
Brick, Block
Cooling
Central Cooling, Ceiling Fan(s)
Exterior Features
Windows - Vinyl
Floors
Other, Hardwood, Tile
Garage
On-Street Parking, Other
Living Area
1,761
Lot Description
Other
Style
Other, Contemporary, Historic
Subdivision
Jc Penney Condo Unit 303
View
City
Year Built
1905
Restrictions
Yes
Hoa Fees
$504
Hoa Freq
Monthly
Association Fee Incl
Other, Fire Protection, Building Exterior, Association Ins, Trash, Sewer, Security, Some Amenities, Grounds Maintenance, Water
Water
Public
Sewer
Public Sewer
Unit
303
Heating
Heat Pump, Natural Gas, Electric
Num Of Rooms
6
Restrictions
Yes
Hoa
Mandatory

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Agent: Sara Price |

Office: The Price Agency, Realty Executives |

Selling Office: .