128 S Gay St, Knoxville, TN 37902

$3,200,000
Property Type: Single Family Bedrooms: 2 Square Footage: 19,800 Status: Closed
Current Price: $3,200,000 List Date: 4/04/2017 Last Modified: 9/28/2021

Description

Fabulous opportunity to purchase 128 South Gay Street! This approximately 20,000 square foot (stand alone) building located directly across the street from Cru Bistro and Knox Mason restaurant is known to Knoxvillians as The Rebori Building and also the former home of Lawson McGhee Public Library. If these walls could talk imagine the stories they could tell since its original construction in 1885. Current owners have completed a major transformation of this building creating one of the most elegant buildings in downtown Knoxville. Widely renowned Hickory Construction, Inc. was retained to oversee the most recent renovation and charged with maintaining its character and integrity all the while adding modern conveniences and technology. From the moment that you approach this property you

Supplements: will appreciate Bevolo gas lanterns, oversized copper gutters, intricate exterior mouldings and brick work, a massive new covered terrace complete with European tile floor and oversized fountain that will totally mesmerize your senses and a large (new) covered balcony located off the upstairs kitchen providing outdoor living space that no other downtown residence has to offer. Upon entrance even the most discerning eye will appreciate the attention to detail. Features close to one hundred windows to enjoy the glorious downtown views, restored heart of pine flooring throughout, two (new) gas fireplaces with oversized mantles, a true professional chef's kitchen with all stainless appliances, a large whirlpool (new) tub overlooking downtown, complete sound system throughout, ultimate camera security, new industrial electrical and plumbing that make this a truly efficient property with surprisingly low utility bills, a basement that will make anyone envious offers polished concrete floors, an enormous wine room, multi-person (new) sauna, phenomenal storage and covered secure tandem garage parking for (4) large vehicles with railroad crossing arm that guarantees unblocked ingress/egress. Current building configuration provides approximately 15,000 square feet of residential space and approximately 5,000 square feet of ground level retail/office space that is currently leased and providing five figure annual income. All residential space is accessed by elevator and stairs. This property must be viewed to truly appreciate and enjoy.

More Information MLS# 941615

Location, Tax & Legal Info

House #: 128 St Dir: S Street Name: Gay St Suffix: St State/Province: TN Zip Code: 37902 Property Sub-Type: Residential Area: Knox County - 1 City/County Code: City Limits PIN #: 094eg038 Total Tax: 19456.22 Geo Lat: 35.96855 Geo Lon: -83.920506

Contract Info

Auction Y/N: No Listing Price: 3450000 Current Price: $3,200,000 Status: Closed Listing Date: 2015-09-16 Cooperation Comp: 2 Compensation Type: %

General Property Description

Type: Other Lot Dimensions: zero lot line Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 19800 SqFt - Main Lvl: 4950 SqFt - Down Lvl: 4950 SqFt - 2nd Flr Lvl: 4950 SqFt - 3rd Flr Lvl: 4950 # Bedrooms: 2 Baths - Full: 2 Baths - 1/2: 1 # of Rooms: 12 Fireplace: Yes # Fireplace: 2 Property Status: N/A HOA: No Year Built: 1920 Bonus Room: No Extra Storage: Yes

Remarks & Misc

Directions: Take Summitt Hill to S. Gay St. Building is the first on your Right. Public Remarks: Fabulous opportunity to purchase 128 South Gay Street! This approximately 20,000 square foot (stand alone) building located directly across the street from Cru Bistro and Knox Mason restaurant is known to Knoxvillians as The Rebori Building and also the former home of Lawson McGhee Public Library. If these walls could talk imagine the stories they could tell since its original construction in 1885. Current owners have completed a major transformation of this building creating one of the most elegant buildings in downtown Knoxville. Widely renowned Hickory Construction, Inc. was retained to oversee the most recent renovation and charged with maintaining its character and integrity all the while adding modern conveniences and technology. From the moment that you approach this property you

Status Change Info

Status Change Date: 2018-06-15 Under Contract Date: 2018-02-07 Sold Date: 2018-06-08 Sold Price: $3,200,000

Garage/Parking

Garage Spaces: 4

Sewer

Sewer Info: KUB

Water

Water Info: KUB

Property Features

Atchd/Dtchd Type: Attached Style: Traditional Construction: Brick Siding: Brick Garage/Parking: Attached; Basement; Garage Door Opener; Side/Rear Entry Basement: Finished Lot Description: Corner Lot Fireplace: Gas Log; Masonry Floors: Hardwood; Tile Fuel: Electric; Gas (Natural) Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Disposal; Gas Stove; Microwave; Refrigerator; Security Alarm; Smoke Detector; Tankless Wtr Htr Other Rooms: Extra Storage Misc Features: Elevator; Internet Available; Island in Kitchen; Walk-in Closets; Walk-in Shower; Washer/Dryer Connect Exterior Features: Balcony; Cable Available (TV Only); Porch - Covered Dining Area: Kitchen/Dining Rm Co New Financing: Alternative; Cash
Listing Office: Realty Executives Associates
Office Phone: 865-588-3232
Last Updated: September - 28 - 2021
128 S Gay St, Knoxville, TN 37902- MLS# 941615
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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