116 S Gay St, M102, Knoxville, TN 37902
$530,000
Property Type:
Single Family
Bedrooms:
2
Square Footage:
1,130
Lot Size (sq. ft.):
1,307
Status:
Closed
Current Price:
$530,000
List Date:
1/15/2025
Last Modified:
1/28/2025
Description
Own a piece of history. Built in 1920 this 10-story building was home to Sterchi Brothers Furniture which at one point boasted to be the largest Furniture Store Chain in the World. Sterchi Brothers was also the first Knoxville based business to be traded on the New York Stock Exchange in 1946. In the spirit of the original business, the building was eventually converted into 100 industrial minimalistic style residential spaces and is now known as Sterchi Lofts. Conveniently located within walking distance to the heart of Downtown Knoxville, the historic Old City, and the University of Tennessee, Sterchi Lofts offers easy access to award winning restaurants, entertainment, sports, and a host of other attractions that make Knoxville one of the best cities in the country to live. Don't miss this opportunity to become part of the downtown community as Knoxville continues to grow!
More Information MLS# 1286566
Location Tax Legal Info
House #: 116
St Dir: S
Street Name: Gay
St Suffix: St
State/Province: TN
Zip Code: 37902
Property Sub-Type: Condominium
PIN #: 094EG04300F
Subdivision: Sterchi Lofts Condos Unit M102
Geo Lat: 35.968495
Geo Lon: -83.919987
Contract Info
Auction Y/N: No
Listing Price: 550000
Current Price: $530,000
Status: Closed
Listing Date: 2025-01-10
General Property Description
Type: High Rise
Acres: 0.03
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 1130
SqFt - Main Lvl: 1130
# Bedrooms: 2
Baths - Full: 2
# of Rooms: 4
Fireplace: No
Property Status: N/A
HOA: Mandatory
HOA Fee: 275
HOA Freq: Monthly
HOA Contact: Sterchi Lofts HOA 865-383-1117
Year Built: 1920
Bonus Room: No
Status Change Info
Status Change Date: 2025-01-28
Under Contract Date: 2025-01-14
Sold Date: 2025-01-28
Sold Price: $530,000
Property Features
Style: Historic
Construction: Brick; Steel; Other
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; Refrigerator; Self Cleaning Oven
Sewer: Public Sewer
Water: Public
Misc Features: Elevator; Internet Available; Washer/Dryer Connect
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; New Loan
Listing Office: Terminus Real Estate, Inc.
Office Phone: 865-673-6300
Last Updated: January - 28 - 2025
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