416 Gay St #303 Active Save Request In-Person Tour Request Virtual Tour
Knoxville,TN 37902
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,761 sqft
Price per Sqft $565
Subdivision Jc Penney Condo Unit 303
MLS Listing ID 1297385
Style Other,Contemporary,Historic
Bedrooms 2
Full Baths 2
HOA Fees $504/mo
Originating Board East Tennessee REALTORS® MLS
Year Built 1905
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Condominium
Property Description
Welcome to desirable DOWNTOWN LIVING in the historic JC Penney Building! This iconic building was revitalized in 2016 making it a vibrant mixed-use development. This incredible location is the heart of Downtown Knoxville. Gay Street is centrally located between the Theatre District, Tennessee River, Market Square, and the Old City which offers easy access to restaurants, bars, shopping, theaters, and a multitude of local events, giving you the complete urban experience. The building features 17 residences, along with Maple Hall Bowling Lanes and Babalu Tacos & Tapas. This beautifully designed 2 BR, 2 BA residence with 1,761 SF includes a spacious open concept with large windows, high ceilings, gleaming hardwoods, exposed brick walls, original beams, stylish cabinetry, ample concrete countertops, and stainless steel appliances. The owner's suite has luxury features such as tiled walk-in shower, soaker tub with marble tile surround, walk-in closet and double floating vanity. This remarkable loft has been completely renovated, and combines modern and semi-industrial styles while preserving its historic charm. This is not only a fantastic investment, it's a lifestyle endeavor. Public parking is available on street, and in the Promenade Garage directly behind the building, as well as in the nearby city-owned State Street Garage (parking is free on nights and weekends). Learn more at https://www.jcpenneyboa.com.
Location
State TN
County Knox County - 1
Area 0.04
Rooms
Other Rooms LaundryUtility, Bedroom Main Level, Breakfast Room, Great Room, Mstr Bedroom Main Level
Basement None
Dining Room Breakfast Bar
Interior
Interior Features Walk-In Closet(s),Kitchen Island,Breakfast Bar,Eat-in Kitchen
Heating Heat Pump,Natural Gas,Electric
Cooling Central Cooling,Ceiling Fan(s)
Flooring Other,Hardwood,Tile
Fireplaces Type None
Fireplace No
Window Features Windows - Insulated
Appliance Gas Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Self Cleaning Oven,Washer
Heat Source Heat Pump,Natural Gas,Electric
Laundry true
Exterior
Exterior Feature Windows - Vinyl
Parking Features On-Street Parking,Other
Garage Description On-Street Parking, Other
Community Features Sidewalks
Utilities Available Cable Available (TV Only)
Amenities Available Elevator,Security,Other
View City
Garage No
Building
Lot Description Other
Faces From Knoxville, take I-40E to exit 388 toward Downtown; take the TN-62/Western Ave exit toward Summit Hill Drive; turn right onto Gay Street; J.C. Penney building is on your left. *Use street parking or Promenade parking back parking lot/garage.*
Sewer Public Sewer
Water Public
Architectural Style Other,Contemporary,Historic
Structure Type Brick,Block
Schools
Elementary Schools Sequoyah
Others
HOA Fee Include Other,Fire Protection,Building Exterior,Association Ins,Trash,Sewer,Security,Some Amenities,Grounds Maintenance,Water
Restrictions Yes
Tax ID 095IA03701K
Security Features Smoke Detector
Energy Description Electric, Gas(Natural)
Acceptable Financing New Loan,Cash,Conventional
Listing Terms New Loan,Cash,Conventional