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Bryce Lipsey

brycelipsey@gmail.com +1(865) 806-3264

$ 965,000

Est. payment -/mo

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New

416 Gay St #204 Knoxville, TN 37902

2 Beds

2 Baths

1,456 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,456 sqft

Price per Sqft $662

Subdivision Jcpenny Building Condominiums

MLS Listing ID 1341587

Style Other,Historic

Bedrooms 2

Full Baths 2

HOA Fees $463/mo

Year Built 1905

Property Sub-Type Condominium

Source East Tennessee REALTORS® MLS

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.

Location

State TN

County Knox County - 1

Rooms

Other Rooms LaundryUtility

Basement Other

Dining Room Breakfast Bar

Interior

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

Heating Central, Heat Pump, Electric

Cooling Central Cooling, Ceiling Fan(s)

Flooring Hardwood, Tile

Fireplaces Type None

Fireplace No

Window Features Windows - Insulated

Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Heat Source Central, Heat Pump, Electric

Laundry true

Exterior

Exterior Feature Windows - Insulated

Parking Features Other

Garage Description Other

Amenities Available Elevator

View City

Garage No

Building

Lot Description Other

Faces Located on the vibrant 400-Block of Gay Street above Maple Hall (bowling and spirits), across from the famed Cruze Farm Dairy and adjacent to Mast General Store. Public parking is available in the Promenade Garage directly behind the building and in the nearby State Street Garage.

Sewer Public Sewer

Water Public

Architectural Style Other, Historic

Structure Type Other,Brick

Others

HOA Fee Include Building Exterior,Association Ins,Sewer,Grounds Maintenance,Water

Restrictions Yes

Tax ID 095IA03701E

Energy Description Electric

Acceptable Financing Other, Cash, Call Listing Agent

Listing Terms Other, Cash, Call Listing Agent

Listed by Downtown Realty, Inc.

GET MORE INFORMATION

+1(865) 806-3264

brycelipsey@gmail.com