$995,000

402 S Gay St 301, Knoxville, TN 37902

  • 2 beds |
  • 2 baths |
  • 1,641 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $606/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

You must see it to truly appreciate this stunning urban loft overlooking Downtown's vibrant Gay Street. Located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District, this exceptional residence features an expansive great room with huge windows, two bedrooms, two baths and a separate study. The original exposed brick, rough-hewn timbers and soaring ceilings evoke the building's industrial past, while the contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. Thoughtfully designed with both style and function in mind, you will find abundant kitchen storage and generous custom-designed closets. Updates include fresh paint throughout (2024), new hardwood floors in the master bedroom (2019), custom cherry vanities with granite tops, and REME HALO Whole Home In-Duct Air Purifier (hospital grade), HVAC Carrier compressor on roof (2017), & extra-capacity water heater (2010). Washer/Dryer and Pottery Barn office furniture included. In addition to the 13 residences, there are commercial spaces on the first and second floors of the building including the beloved Mast General Store and prominent architecture firm DIA. Stroll outside and enjoy many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new Covenant Health Park stadium, library, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can easily access it all from your home in the Gallery Lofts. Approx. size per appraiser is an estimate only and is not guaranteed. Developer's 1725sf estimate and CRS measurements of 1917sf vary. Buyer to verify size, taxes and HOA fees, which are subject to change. CRS records state the building was constructed in 1910, however historians date the building to the 1880's. The building was redeveloped in 2007 and roof was replaced in 2023. Public parking is offered directly behind the building in the attached Promenade Garage, or in the nearby State St. Garage where night/weekend parking is free and Downtown residents are offered reduced monthly parking rates of approx. $45/month; subject to availability.

Listing Status:
Active
Date Added:
June 19, 2025 at 05:00AM
Listing Office:
Downtown Realty, Inc. : 865-588-5535
MLS ID:
1305228
  • General: Kitchen IslandBreakfast BarEat-in Kitchen
  • Appliances: DishwasherDisposalMicrowaveRangeRefrigerator
  • Basement: NoneOther
  • Flooring: HardwoodTile
  • A/C: OtherCentral CoolingCeiling Fan(s)
  • Heating: CentralHeat PumpElectric
  • Fireplace: Fireplaces: 0

This listing courtesy of Downtown Realty, 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

0.45 miles away

E

Emerald Academy

220 Carrick St, Knoxville, TN, 37921

Grades KG-8

0.83 miles away

L

L N STEM Academy

401 Henley St, Knoxville, TN, 37902

Grades 9-12

0.36 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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