116 S Gay St Unit 706, Knoxville, TN 37902
- $325,000
- 1
- BD
- 1
- BA
- 580
- SqFt
- Sold Price
- $325,000
- List Price
- $339,000
- Closing Date
- Nov 10, 2025
- MLS#
- 1310509
- Status
- CLOSED
- Type
- Condo
- City
- Knoxville
- County
- Knox
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 580
- Year Built
- 1920
- DOM
- 101
Property Description
Experience modern urban living in this beautifully updated 1-bedroom, 1-bath condo at Sterchi Lofts. Situated on the 7th floor, this bright, airy unit offers a Southern exposure looking down the center of the city. Watch parades, Christmas lights, and downtown festivals like the Rossini Festival right from your living room. Enjoy your morning coffee looking out at the Smokies in the horizon. Originally the headquarters of Sterchi Brothers Furniture—the largest wholesale furniture distributor in the Southeast—this historic building was transformed into loft-style residences in 2002 and underwent further upgrades from 2016 to 2022. During the renovation, this unit was updated with: · Energy-efficient appliances · Quartz countertops & deep stainless steel sink · Commercial-grade kitchen faucet · Designer light fixtures · Updated HVAC system · Modern plumbing fixtures · Luxurious Roca (Spanish) tile in the shower. With tall ceilings, expansive windows, and an open-concept design, this condo perfectly blends historic charm with contemporary style. Residents of Sterchi Lofts also enjoy premium amenities, including a 24-hour fitness center, additional rentable storage, and a rooftop patio with stunning views of the Knoxville skyline and the Great Smoky Mountains. Knoxville was recently ranked among the most desirable cities to live in by U.S. News & World Report in 2024, and downtown continues to thrive. With a new baseball stadium set to open in 2025 and the upcoming Neyland Entertainment District transforming the riverfront, now is the perfect time to invest in this vibrant community. Walk to award winning restaurants, the Farmers' Market, several gyms, coffee shops, and shows at the Tennessee and Bijou Theaters. Drop by the art galleries and local bookstore down the block or bike to the University of Tennessee and IJAMS Nature Center. 📍 Don't miss this rare opportunity—schedule your showing today! Unit is not occupied and is easy to view
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Additional Information
- Acres
- 0.01
- Community Amenities
- Elevator(s), Storage
- Appliances
- Dishwasher, Disposal, Microwave, Range, Self Cleaning Oven
- Construction
- Block, Steel Frame, Brick
- Cooling
- Central Air
- Floors
- Other
- Garage
- On Street, Off Street, Other
- Living Area
- 580
- Lot Description
- Other
- Style
- Historic
- Subdivision
- Sterchi Lofts Condos Unit 706
- View
- Mountain View, City
- Year Built
- 1920
- Restrictions
- Yes
- Hoa Fees
- $154
- Hoa Freq
- Monthly
- Association Fee Incl
- Association Ins, Building Exterior, Grounds Maintenance, Pest Control, Trash, Some Amenities, Fire Protection
- Water
- Public
- Sewer
- Public Sewer
- Unit
- 706
- Heating
- Central, Electric
- Num Of Rooms
- 3
- Restrictions
- Yes
- Hoa
- Mandatory
Mortgage Calculator
Agent: Joe Consumo |
Office: Terminus Real Estate, Inc. |
Selling Office: .