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Lara Conrad

lara.conrad@engelvoelkers.com +1(865) 635-6544

$ 559,000

Est. payment -/mo

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Pending

116 Gay St #M103 Knoxville, TN 37902

2 Beds

2 Baths

1,130 SqFt

UPDATED:

02/07/2025 01:25 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Pending

Purchase Type For Sale

Square Footage 1,130 sqft

Price per Sqft $494

Subdivision Sterchi Lofts Condos Unit M103

MLS Listing ID 1288593

Style Other

Bedrooms 2

Full Baths 2

HOA Fees $286/mo

Originating Board East Tennessee REALTORS® MLS

Year Built 1920

Lot Size 1,306 Sqft

Acres 0.03

Property Sub-Type Condominium

Property 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. The Seller has added their own unique upgrades to the condo such as installing luxury vinyl plank flooring, adding a bank of cabinets to the kitchen for additional storage, installed a built-in wine fridge, upgraded to a high-end induction range in the kitchen, upgraded tiling added in the bathroom, closet curtains and blackout shades installed in the oversized living room windows. Other additions that will stay with the unit are the coat armoire near the entryway, the attached book and curio shelves in the 2nd bedroom and the built-in desk in the 2nd bedroom. The remainder of furniture except for personal items, art, and electronics are negotiable at sale. Don't miss this opportunity to become part of the downtown community as Knoxville continues to grow!

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Location

State TN

County Knox County - 1

Area 0.03

Rooms

Basement None

Interior

Interior Features Elevator, Island in Kitchen, Eat-in Kitchen

Heating Central, Electric

Cooling Central Cooling

Flooring Vinyl

Fireplaces Type None

Fireplace No

Window Features Windows - Aluminum

Appliance Dishwasher, Disposal, Microwave, Range, Self Cleaning Oven

Heat Source Central, Electric

Exterior

Exterior Feature Windows - Aluminum

Parking Features On-Street Parking, Off-Street Parking, Other

Garage Description On-Street Parking, Off-Street Parking, Other

Community Features Sidewalks

Amenities Available Elevator(s), Storage

View Mountain View, City

Garage No

Building

Lot Description Other

Faces From Downtown Knoxville follow S Gay Street North towards Jackson Avenue and Sterchi Lofts will be on the right side in the 100 block of the Historic Arts District

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Brick,Metal Siding,Block,Steel Siding

Others

HOA Fee Include Pest Contract,Fire Protection,Building Exterior,Association Ins,Trash,Some Amenities,Grounds Maintenance

Restrictions Yes

Tax ID 094EG04300G

Security Features Smoke Detector

Energy Description Electric

Acceptable Financing Alternative, Cash, Conventional

Listing Terms Alternative, Cash, Conventional

Listed by Terminus Real Estate, Inc.

Lara Conrad

Broker | License ID: 366348

+1(865) 635-6544

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