116 S Gay St 205, Knoxville, TN 37902
$950,000
Property Type:
Single Family
Bedrooms:
4
Square Footage:
2,130
Lot Size (sq. ft.):
2,178
Status:
Closed
Current Price:
$950,000
List Date:
8/23/2025
Last Modified:
9/08/2025
Description
Located on Downtown's vibrant 100-Block in the historic Sterchi Building, this beautifully renovated four bedroom loft features a spacious great room, a bright & modern kitchen, soaring ceilings, and expansive windows overlooking picturesque Gay Street. The tastefully updated bathrooms feature sleek subway tile and contemporary fixtures. A large bonus area could be a perfect flex space for a second living room, home office or additional guests. Enjoy the exceptional building amenities including a fitness studio, storage room with individual leased spaces, and huge rooftop terrace overlooking the Downtown skyline. Parking permit for a nearby lot, pre-paid for 2 years, is included in the price. Experience the best of urban living here in Knoxville's Arts/Old City District, an eclectic pocket of Downtown known for its picturesque century-old buildings housing many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new multi-use stadium, Market Square & Theater District, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, and even an easy mile to the University of Tennessee campus and the South Waterfront, you can enjoy it all while living in Sterchi Lofts. Approx. size per CRS is an estimate only. Buyer to verify size, taxes and HOA fees, which are subject to change. Note: Presently, this is one of the few residences in the building in which AirBnB/STR is permitted by the HOA.
More Information MLS# 1294418
Contract Info
Auction Y/N: No
Occupancy: Either
Listing Price: 995000
Current Price: $950,000
Status: Closed
Listing Date: 2025-03-24
Location, Tax & Legal Info
Unit #: 205
Area: Knox County - 1
Property Sub-Type: Condominium
Community: Downtown
City/County Code: City Limits
Total Tax: 6672.65
General Property Description
Type: High Rise
# Bedrooms: 4
Acres: 0.05
Acre Source: Tax Records
# of Rooms: 7
Restrictions: Yes
Site Built: Yes
Fireplace: No
HOA Fee: 532.89
HOA Freq: Monthly
HOA Contact: Terminus Real Estate: (865) 673-6300
Property Status: N/A
SqFt - Main Lvl: 2130
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: Mandatory
Position of Unit: 2nd Fl Gay St
Basement: No
Bonus Room: No
SqFt - Total (Aprox): 2130
Baths - Full: 2
Year Built: 1920
Remarks & Misc
Directions: Located on the picturesque 100-Block of Gay Street between Summit Hill Drive and Jackson Avenue.
Public Remarks: Located on Downtown's vibrant 100-Block in the historic Sterchi Building, this beautifully renovated four bedroom loft features a spacious great room, a bright & modern kitchen, soaring ceilings, and expansive windows overlooking picturesque Gay Street. The tastefully updated bathrooms feature sleek subway tile and contemporary fixtures. A large bonus area could be a perfect flex space for a second living room, home office or additional guests. Enjoy the exceptional building amenities including a fitness studio, storage room with individual leased spaces, and huge rooftop terrace overlooking the Downtown skyline. Parking permit for a nearby lot, pre-paid for 2 years, is included in the price. Experience the best of urban living here in Knoxville's Arts/Old City District, an eclectic pocket of Downtown known for its picturesque century-old buildings housing many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new multi-use stadium, Market Square & Theater District, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, and even an easy mile to the University of Tennessee campus and the South Waterfront, you can enjoy it all while living in Sterchi Lofts. Approx. size per CRS is an estimate only. Buyer to verify size, taxes and HOA fees, which are subject to change. Note: Presently, this is one of the few residences in the building in which AirBnB/STR is permitted by the HOA.
Atchd/Dtchd Type
Attached: 1
Style
Historic: 1
Construction
Brick: 1
Steel: 1
Other: 1
Siding
Brick: 1
Fireplace
None: 1
Cooling
Central Cooling: 1
Floors
Other: 1
Garage/Parking
Other: 1
Basement
None: 1
Lot Description
Other: 1
Fuel
Electric: 1
View
City: 1
Heat
Central: 1
Community Amenities
Elevator: 1
Exercise Room: 1
Dining Area
Eat-in Kitchen: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Exterior Features
Windows - Aluminum: 1
Misc Features
Elevator: 1
Kitchen Island: 1
Wired for Internet: 1
Sewer
Public Sewer: 1
Water
Public: 1
Association Fee Incl
Association Ins: 1
Building Exterior: 1
Fire Protection: 1
Grounds Maintenance: 1
Pest Contract: 1
Trash: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 116
St Dir: S
Street Name: Gay
St Suffix: St
State/Province: TN
Zip Code: 37902
PIN #: 094EG04300Y
Subdivision: Sterchi Lofts
Geo Lat: 35.96839
Geo Lon: -83.920124
Status Change Info
Status Change Date: 2025-09-08
Under Contract Date: 2025-08-22
Sold Date: 2025-09-05
Sold Price: $950,000
Property Features
Style: Historic
Construction: Brick; Steel; Other
Siding: Brick
Basement: None
Lot Description: Other
Fireplace: None
Floors: Other
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Sewer: Public Sewer
Water: Public
Misc Features: Elevator; Kitchen Island; Wired for Internet
Exterior Features: Windows - Aluminum
Dining Area: Eat-in Kitchen
Community Amenities: Elevator; Exercise Room
Association Fee Incl: Association Ins; Building Exterior; Fire Protection; Grounds Maintenance; Pest Contract; Trash
Showing: See Agent Instructns
New Financing: Cash; Conventional
Listing Office:
Terminus Real Estate, Inc.
IDX
Office Phone: 865-673-6300
Last Updated: September - 08 - 2025
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