$339,000

116 S Gay St 706, Knoxville, TN 37902

  • 1 bed |
  • 1 bath |
  • 600 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon436sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $565/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

Experience modern urban living in this beautifully updated 1-bedroom, 1-bath condo at Sterchi Lofts. Situated on the 7th floor, this bright, airy unit offers a Southern exposure looking down the center of the city. Watch parades, Christmas lights, and downtown festivals like the Rossini Festival right from your living room. Enjoy your morning coffee looking out at the Smokies in the horizon. Originally the headquarters of Sterchi Brothers Furniture—the largest wholesale furniture distributor in the Southeast—this historic building was transformed into loft-style residences in 2002 and underwent further upgrades from 2016 to 2022. During the renovation, this unit was updated with: · Energy-efficient appliances · Quartz countertops & deep stainless steel sink · Commercial-grade kitchen faucet · Designer light fixtures · Updated HVAC system · Modern plumbing fixtures · Luxurious Roca (Spanish) tile in the shower. With tall ceilings, expansive windows, and an open-concept design, this condo perfectly blends historic charm with contemporary style. Residents of Sterchi Lofts also enjoy premium amenities, including a 24-hour fitness center, additional rentable storage, and a rooftop patio with stunning views of the Knoxville skyline and the Great Smoky Mountains. Knoxville was recently ranked among the most desirable cities to live in by U.S. News & World Report in 2024, and downtown continues to thrive. With the new baseball stadium now open and the upcoming Neyland Entertainment District transforming the riverfront, now is the perfect time to invest in this vibrant community. Walk to award winning restaurants, the Farmers' Market, several gyms, coffee shops, and shows at the Tennessee and Bijou Theaters. Drop by the art galleries and local bookstore down the block or bike to the University of Tennessee and IJAMS Nature Center. 📍 Don't miss this rare opportunity—schedule your showing today! Unit is not occupied and is easy to view *** Buyers to verify Sq ft, HOA, taxes

Listing Status:
Active
Date Added:
July 3, 2025 at 05:00AM
Listing Office:
Terminus Real Estate, Inc. : 865-673-6300
MLS ID:
1307094
  • General: Eat-in KitchenElevator
  • Appliances: DishwasherDisposalMicrowaveRangeSelf Cleaning Oven
  • Basement: None
  • Flooring: Other
  • A/C: Central Air
  • Heating: CentralElectric
  • Fireplace: Fireplaces: 0

This listing courtesy of Terminus Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Green Magnet Academy

801 Lula Powell Dr, Knoxville, TN, 37915

Grades KG-5

0.49 miles away

E

Emerald Academy

220 Carrick St, Knoxville, TN, 37921

Grades KG-8

0.74 miles away

L

L N STEM Academy

401 Henley St, Knoxville, TN, 37902

Grades 9-12

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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