Knoxville, TN 37902,116 Gay St #M103
Knoxville, TN 37902,116 Gay St #M103
Knoxville, TN 37902,116 Gay St #M103
Knoxville, TN 37902,116 Gay St #M103
Knoxville, TN 37902,116 Gay St #M103
Knoxville, TN 37902,116 Gay St #M103
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$535,000

$559,000

4.3%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

1,130 SqFt


SOLD DATE : 03/07/2025

Key Details

Sold Price $535,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,130 sqft

Price per Sqft $473

Subdivision Sterchi Lofts Condos Unit M103

MLS Listing ID 1288593

Style Other

Bedrooms 2

Full Baths 2

HOA Fees $286/mo

Year Built 1920

Lot Size 1,306 Sqft

Property Sub-Type Condominium

Property Description

Own a piece of history. Built in 1920 this 10-story building was home to Sterchi Brothers Furniture which at one point boasted to be the largest Furniture Store Chain in the World. Sterchi Brothers was also the first Knoxville based business to be traded on the New York Stock Exchange in 1946. In the spirit of the original business, the building was eventually converted into 100 industrial minimalistic style residential spaces and is now known as Sterchi Lofts. Conveniently located within walking distance to the heart of Downtown Knoxville, the historic Old City, and the University of Tennessee, Sterchi Lofts offers easy access to award winning restaurants, entertainment, sports, and a host of other attractions that make Knoxville one of the best cities in the country to live. The Seller has added their own unique upgrades to the condo such as installing luxury vinyl plank flooring, adding a bank of cabinets to the kitchen for additional storage, installed a built-in wine fridge, upgraded to a high-end induction range in the kitchen, upgraded tiling added in the bathroom, closet curtains and blackout shades installed in the oversized living room windows. Other additions that will stay with the unit are the coat armoire near the entryway, the attached book and curio shelves in the 2nd bedroom and the built-in desk in the 2nd bedroom. The remainder of furniture except for personal items, art, and electronics are negotiable at sale. Don't miss this opportunity to become part of the downtown community as Knoxville continues to grow!

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Location

State TN

County Knox County - 1

Area 0.03

Interior

Heating Central, Electric

Cooling Central Cooling

Flooring Vinyl

Fireplaces Type None

Exterior

Exterior Feature Windows - Aluminum

Parking Features On-Street Parking, Off-Street Parking, Other

Garage Description On-Street Parking, Off-Street Parking, Other

Community Features Sidewalks

Amenities Available Elevator(s), Storage

View Mountain View, City

Building

Lot Description Other

Sewer Public Sewer

Water Public

Structure Type Brick,Metal Siding,Block,Steel Siding

Others

Acceptable Financing Alternative, Cash, Conventional

Listing Terms Alternative, Cash, Conventional

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Listed by Terminus Real Estate, Inc.
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308 N. Peters Road Suite 225, Knoxville, TN, 37922

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