116 S Gay St 708, Knoxville, TN 37902

$458,000
Property Type: Single Family Bedrooms: 2 Square Footage: 990 Lot Size (sq. ft.): 871 Status: Active
Current Price: $458,000 List Date: 10/14/2025 Last Modified: 12/10/2025

Description

Back on the market! One of the best values downtown! Welcome to urban living at its finest in this industrial style minimalistic 2-bedroom, 1-bath condo located in the heart of Downtown Knoxville. Nestled in the historic Sterchi Lofts, this home puts you within walking distance of the Tennessee Theatre, Market Square, the Old City, and the exciting new Smokies baseball stadium. You're also just minutes from the University of Tennessee campus and the vibrant South Knoxville riverfront. The unit is wired for AT&T fiber optic, ideal for remote work or streaming. Residents enjoy access to the on-site fitness center and a rooftop deck offering stunning views of the Knoxville skyline, the Great Smoky Mountains, and the new baseball stadium. Enjoy the ultimate downtown lifestyle with Knoxville's best restaurants, bars, and entertainment right outside your door. Outdoor lovers will appreciate being near over 30 miles of greenways, boating and kayaking at Volunteer Landing, as well as the trails, boardwalks, and quarry at Ijams Nature Center. Don't miss this opportunity to own to join the thriving downtown community and enjoy all the perks city life has to offer. *Additional storage units are available to rent in the building for added convenience. Buyers to verify square footage.

More Information MLS# 1310638

Contract Info

Auction Y/N: No Listing Price: 458000 Current Price: $458,000 Status: Active Listing Date: 2025-08-01

Location, Tax & Legal Info

Unit #: 708 Area: Knox County - 1 Property Sub-Type: Condominium City/County Code: City Limits Total Tax: 2834.14

General Property Description

Type: High Rise # Bedrooms: 2 Acres: 0.02 Acre Source: Tax Records # of Rooms: 4 Restrictions: Yes Site Built: Yes Fireplace: No HOA Fee: 239 HOA Freq: Monthly HOA Contact: Sterchi HOA 865-383-1117 Property Status: N/A SqFt - Main Lvl: 990 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 0 HOA: Mandatory Basement: No Bonus Room: No SqFt - Total (Aprox): 990 Baths - Full: 1 Year Built: 1920

Remarks & Misc

Directions: Located on the 100 block of the Historic Arts District at the intersection of Gay St and Summit Hill Dr. Public Remarks: Back on the market! One of the best values downtown! Welcome to urban living at its finest in this industrial style minimalistic 2-bedroom, 1-bath condo located in the heart of Downtown Knoxville. Nestled in the historic Sterchi Lofts, this home puts you within walking distance of the Tennessee Theatre, Market Square, the Old City, and the exciting new Smokies baseball stadium. You're also just minutes from the University of Tennessee campus and the vibrant South Knoxville riverfront. The unit is wired for AT&T fiber optic, ideal for remote work or streaming. Residents enjoy access to the on-site fitness center and a rooftop deck offering stunning views of the Knoxville skyline, the Great Smoky Mountains, and the new baseball stadium. Enjoy the ultimate downtown lifestyle with Knoxville's best restaurants, bars, and entertainment right outside your door. Outdoor lovers will appreciate being near over 30 miles of greenways, boating and kayaking at Volunteer Landing, as well as the trails, boardwalks, and quarry at Ijams Nature Center. Don't miss this opportunity to own to join the thriving downtown community and enjoy all the perks city life has to offer. *Additional storage units are available to rent in the building for added convenience. Buyers to verify square footage.

Atchd/Dtchd Type

Attached: 1

Style

Historic: 1

Construction

Block: 1 Brick: 1 Steel: 1

Siding

Brick: 1 Metal: 1

Fireplace

None: 1

Cooling

Central Cooling: 1

Floors

Other: 1

Garage/Parking

Off-Street Parking: 1 On-Street Parking: 1 Other: 1

Basement

None: 1

Lot Description

Other: 1

Fuel

Electric: 1

View

City: 1 Mountain View: 1

Heat

Central: 1

Community Amenities

Elevator: 1 Exercise Room: 1 Extra Storage: 1 Sidewalks: 1

Dining Area

Kitchen/Dining Rm Co: 1 Living Rm/Dining Rm: 1

Appliances

Dishwasher: 1 Microwave: 1 Range: 1 Self Cleaning Oven: 1 Smoke Detector: 1

Exterior Features

Windows - Aluminum: 1

Misc Features

Elevator: 1 Internet Available: 1 Washer/Dryer Connect: 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 Some Amenities: 1 Trash: 1

New Financing

Alternative: 1 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 #: 094EG04302V Subdivision: Sterchi Lofts Condos Unit 708 Geo Lat: 35.968501 Geo Lon: -83.919986

Status Change Info

Status Change Date: 2025-10-14

Property Features

Style: Historic Construction: Block; Brick; Steel Siding: Brick; Metal Basement: None Lot Description: Other View: Mountain View Fireplace: None Floors: Other Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Microwave; Range; Self Cleaning Oven; Smoke Detector Sewer: Public Sewer Water: Public Misc Features: Elevator; Internet Available; Washer/Dryer Connect; Wired for Internet Exterior Features: Windows - Aluminum Dining Area: Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Elevator; Exercise Room; Extra Storage; Sidewalks Association Fee Incl: Association Ins; Building Exterior; Fire Protection; Grounds Maintenance; Pest Contract; Some Amenities; Trash Showing: See Agent Instructns New Financing: Alternative; Cash; Conventional
Listing Office: Terminus Real Estate, Inc.
IDX
Office Phone: 865-673-6300
Last Updated: December - 10 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.