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116 S Gay St , #503

Knoxville, TN 37902
  • $515,000
  • STATUS: Active Under Contract
  • ON SITE: 52 Days
  • ID#: 1292569
Under Contract
UPDATED: 6 min ago
$515,000
  • 2
    BEDS
  • 0.02
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 900
    SQFT
  • $572
    $/SQFT
Type:
Condo
Built:
1920
County:
Area:

School Ratings & Info

Description

Experience the best of modern urban living at Sterchi Lofts! This stunning 2-bedroom, 1-bath condo on the 5th floor offers breathtaking views and a vibrant downtown lifestyle. The expansive window in the main living areastretching nearly floor to ceiling and wall to wallfloods the open floorplan with natural light and provides the perfect vantage point for watching beautiful sunsets, parades, and events like the monthly First Friday celebration on the 100 block of the Historic Arts District. Originally the headquarters of Sterchi Brothers Furniture, once the largest wholesale furniture distributor in the Southeast, this historic building was transformed into 100 residences in 2002 and underwent further renovations from 2016 to 2022. During that renovation, the unit was thoughtfully updated with energy-efficient appliances, quartz countertops, a stainless-steel kitchen sink, designer lighting, an upgraded HVAC system, modern plumbing fixtures, and Roca Spanish tile in the shower. The current owners have enhanced it even further, adding custom-built wardrobes in both bedrooms, high-end remote-controlled electric blinds, sliding barn-style doors, and a spacious kitchen island with additional storage. Residents of Sterchi Lofts enjoy premium amenities, including a 24-hour fitness center, rentable storage, and a rooftop patio with breathtaking panoramic views of the city skyline and the Great Smoky Mountains. Knoxville continues to thrive, recently ranked among the most desirable cities to live in by U.S. News & World Report (2024). Exciting developments like the new baseball stadium opening in 2025 and the upcoming Neyland Entertainment District will further elevate downtown's appeal. With award-winning restaurants, art galleries, live music, and entertainment all within walking distance, this is the perfect place to call home. Schedule your showing today! **Buyer to verify sq ft, taxes, and HOA

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© 2025 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Adam Wilson Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Adam Wilson Realty. Data last updated: 2025-04-30T15:48:07.06.
www.adamwilsonrealty.com/homes/161246084
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116 S Gay St , #503 Knoxville, TN 37902

  • Price: $515,000
  • Status: Active Under Contract
  • On Site: 52 Days
  • Updated: 6 min ago
  • ID#: 1292569
2
Beds
1
Baths
0
½ Baths
0.02
Acres
900
SQFT
$572
$/SQFT
1920
Built
Neighborhood:
Sterchi Lofts Condos Unit 503
County:
Knox
Area:
Knoxville
Property Description
Experience the best of modern urban living at Sterchi Lofts! This stunning 2-bedroom, 1-bath condo on the 5th floor offers breathtaking views and a vibrant downtown lifestyle. The expansive window in the main living areastretching nearly floor to ceiling and wall to wallfloods the open floorplan with natural light and provides the perfect vantage point for watching beautiful sunsets, parades, and events like the monthly First Friday celebration on the 100 block of the Historic Arts District. Originally the headquarters of Sterchi Brothers Furniture, once the largest wholesale furniture distributor in the Southeast, this historic building was transformed into 100 residences in 2002 and underwent further renovations from 2016 to 2022. During that renovation, the unit was thoughtfully updated with energy-efficient appliances, quartz countertops, a stainless-steel kitchen sink, designer lighting, an upgraded HVAC system, modern plumbing fixtures, and Roca Spanish tile in the shower. The current owners have enhanced it even further, adding custom-built wardrobes in both bedrooms, high-end remote-controlled electric blinds, sliding barn-style doors, and a spacious kitchen island with additional storage. Residents of Sterchi Lofts enjoy premium amenities, including a 24-hour fitness center, rentable storage, and a rooftop patio with breathtaking panoramic views of the city skyline and the Great Smoky Mountains. Knoxville continues to thrive, recently ranked among the most desirable cities to live in by U.S. News & World Report (2024). Exciting developments like the new baseball stadium opening in 2025 and the upcoming Neyland Entertainment District will further elevate downtown's appeal. With award-winning restaurants, art galleries, live music, and entertainment all within walking distance, this is the perfect place to call home. Schedule your showing today! **Buyer to verify sq ft, taxes, and HOA
Exterior Features

Architectural Style Historic Attached Garage YN No Exterior Features [] Garage Parking Off Street Parking Yes Garage Parking On Street Parking Yes Parking Features On-Street ParkingOff-Street ParkingOther

Interior Features

Appliances DishwasherDisposalMicrowaveRangeRefrigeratorSelf Cleaning Oven Basement None Bonus Room No Cooling Central Cooling Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Other Heating CentralElectric Interior Features ElevatorIsland in KitchenEat-in Kitchen Misc Features Elevator Yes Misc Features Internet Available Yes Misc Features Island In Kitchen Yes Misc Features Washer Dryer Connect Yes Misc Features Wired For Internet Yes Rooms Total 4

Property Features

Association Amenities Elevator Association Fee 229.08 Association Fee Frequency Monthly Association Fee Includes Pest ContractFire ProtectionBuilding ExteriorAssociation InsTrashSome AmenitiesGrounds Maintenance Association YN Yes Auction YN No Community Amenities Elevator Yes Community Amenities Exercise Room Yes Community Amenities Extra Storage Yes Community Amenities Sidewalks Yes Community Features Sidewalks Construction Materials SteelBrickMetal Siding Dining Area Kitchen Dining Rm Co Yes Dining Area Living Rm Dining Rm Yes Frontage Type [] Fuel Electric Yes HOA Mandatory Listing Terms AlternativeCashConventional Lot Features Other New Financing Cash Yes New Financing Conventional Yes Other Structures [] Property Attached YN Yes Property Status N/A Property Sub Type Condominium Restrictions Yes Security Features Smoke Detector Sewer Public Sewer Site Built Yes Type High Rise Utilities [] View Mountain ViewCity Water Source Public

Listing information © 2025 East Tennessee REALTORS®.
Listing provided courtesy of Terminus Real Estate, Inc.: 865-673-6300.


© 2025 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Adam Wilson Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Adam Wilson Realty. Data last updated: 2025-04-30T15:48:07.06.
 
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2043 Castaic Ln Suite C
Knoxville TN, 37932