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
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