The iconic JC Penny Building, originally constructed around 1905, was given a new life when it was transformed in 2016 into a mixed-use development - now home to seventeen residences, along with Maple Hall - ''a spirited bowling experience''. This stunning two-bedroom residence features an expansive great room with enormous windows and a Juliette-style balcony, soaring ceilings, and open dining area and kitchen complete with concrete countertops, sleek cabinetry and stainless appliances, including a brand new refrigerator. This impressive loft boasts an elegant blend of modern & refined-industrial styles, while retaining the historic character of the rustic exposed brick, plaster walls, and original exposed structural beams. Additional features include generous closets/storage, a separate laundry room complete with a washer/dryer, and controlled elevator access along with fob/coded access at both the front Gay Street entrance, as well as the back entrance, which opens onto the Promenade Garage. Living here in the center of Downtown's Theater District and just one block from Market Square & Krutch Park, you can stroll outside and enjoy many of the city's most popular restaurants, cafes, farmers' markets, entertainment venues, fitness studios & galleries. And with close proximity to the World's Fair Park & greenway system, the University of Tennessee, the new Covenant Health Park stadium, artsy Emory Place, Downtown North, PetSafe dog park, and the South Waterfront, you can easily access it all from your home in the JC Penny Lofts. Public parking is offered directly behind the building in the attached Promenade Garage and in the nearby State St. Garage where parking is currently free on nights and weekends. Approx. size is based on Courthouse Retrieval Records and is an estimate only. Buyer to verify size, taxes and HOA fees, which are subject to change.
Listed By
Agency Name: Downtown Realty, Inc.
Shown By
Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660
Estimated Payment
$ 6,197.93 per month $5,916.47 Principal & Interest $0.00 Property Tax (data not provided by mls) $281.46 Homeowner's Insurance
416 S Gay St | MLS# 1341587
This condo located at 416 S Gay St, Knoxville, TN 37902 is currently listed for sale with an asking price of $965,000. This property was built in 1905 and has 2 bedrooms and 2 full baths with 1456 sq. ft. S Gay St is located in the JCPenny Building Condominiums subdivision. Search JCPenny Building Condominiums real estate on www.franklinrealty.com today.