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402 S Gay St, Knoxville, TN 37902

Sold: 916500
Sold on: Feb 10th, 2026
$ Per Square Foot: $559
Sold: 916500
Sold on: Feb 10th, 2026
$ Per Square Foot: $559
BEDS2 BATHS2 full SQUARE FEET1,641 MLS#1305228
STATUSClosed PROPERTY TYPEResidential - Condominium SUBDIVISIONGallery Lofts


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. Owner pays for a monthly permit for this garage. And in the nearby State St. Garage, parking is currently free on nights and weekends.

Property Features

Cooling: Other, Central Cooling, Ceiling Fan(s)
Days on Market: 171
Fireplaces: 1
Fuel Type: Electric
Heating: Central, Heat Pump, Electric
Year Built: 2007

Amenities

Kitchen Island
Breakfast Bar
Eat-in Kitchen

Feature Descriptions

Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
Association/Condo Fee: 489/Monthly
Association Amenities: Elevator
Exterior: Other, Brick
Flooring: Hardwood, Tile
HOA Y/N: Yes
Lot: Other
Parcel #: 095IA03800C
Parking: Other
Sewer: Public Sewer
Special View Info: City
SQFT Total: 1641
View: City
Water: Public

Listed By / Sold By

Listed By

Agency Name: Downtown Realty, Inc.

Shown By

Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660

Sold By

Agency Name: Downtown Realty, Inc.
Agency Phone: 865-588-5535
Agent Name: Kimberly Dixon Hamilton

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