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416 S Gay St, Knoxville, TN 37902

$965,000
  • 416 S Gay St, Knoxville, TN 37902 Main Photo

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New to the Market Active
BEDS2 BATHS2 full SQUARE FEET1,456 MLS#1341587
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONJCPenny Building Condominiums

Property Description

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.

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.

Property Features

Property Type: Residential - Condominium
Basement: Yes
Cooling: Central Cooling, Ceiling Fan(s)
Fireplaces: 1
Fuel Type: Electric
Heating: Central, Heat Pump, Electric
Home Style: Other, Historic
Year Built: 1905

Amenities

Walk-In Closet(s)
Breakfast Bar
Eat-in Kitchen

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Association/Condo Fee: 463/Monthly
Association Amenities: Elevator
Exterior: Other, Brick
Flooring: Hardwood, Tile
HOA Y/N: Yes
Lot: Other
Parcel #: 095IA03701E
Parking: Other
Sewer: Public Sewer
Special View Info: City
SQFT Total: 1456
View: City
Water: Public

Listed By / Shown By

Listed By

Agency Name: Downtown Realty, Inc.

Shown By

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

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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

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