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Bryce Lipsey

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

$ 699,500

Est. payment -/mo

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Coming Soon

122 Gay St #404 Knoxville, TN 37902

2 Beds

2 Baths

1,401 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,401 sqft

Price per Sqft $499

Subdivision The Commerce Building Condominiums

MLS Listing ID 1341663

Style Historic

Bedrooms 2

Full Baths 2

HOA Fees $314/mo

Year Built 1900

Property Sub-Type Condominium

Source East Tennessee REALTORS® MLS

Property Description

Located on Downtown Knoxville's vibrant 100-Block of Gay Street, this exceptional penthouse loft in the historic Commerce Building is surrounded by a vibrant mix of residences, boutique shops, acclaimed restaurants, salons, and art galleries. Blending timeless character with modern updates, this stunning residence offers an elevated urban lifestyle in one of Downtown's most sought-after locations. Inside, newly refinished hardwood floors, fresh paint, soaring ceilings, rich exposed brick, and expansive windows create a sophisticated yet inviting atmosphere. Bright new skylights illuminate the spacious bedroom and bath with abundant natural light.
The open kitchen and living area offer an ideal blend of comfort and sophistication, creating an inviting space for daily living or casual entertaining. Thoughtfully designed custom built-ins and generous walk-in closets offer exceptional storage throughout. Recent upgrades include a new HVAC system (March 2025), a new hot water heater (November 2023), and a new range/oven (2023), offering move-in-ready convenience. Residents of the Commerce Building enjoy tastefully appointed common areas, a newly completed roof (2025), and a community rooftop deck currently under construction -- a serene retreat perched above historic Gay Street, ideal for savoring Downtown Knoxville's energy and charm from above.
Originally constructed circa 1900, the Commerce Building was thoughtfully converted into condominium residences in 2009, preserving its architectural character while seamlessly integrating modern conveniences. Approx. size is based on Courthouse Retrieval records, is an estimate only and is not guaranteed. Buyers 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

Interior

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

Heating Central, Electric

Cooling Other, Central Cooling, Ceiling Fan(s)

Flooring Hardwood

Fireplaces Type None

Fireplace No

Window Features Windows - Insulated

Appliance Dishwasher, Disposal, Range, Refrigerator

Heat Source Central, Electric

Laundry true

Exterior

Exterior Feature Windows - Insulated

Parking Features None, Other

Garage Description Other

Amenities Available Elevator, Other

View City

Garage No

Building

Lot Description Other

Faces Located on the picturesque 100-Block of Gay Street between Summit Hill Drive and Jackson Avenue.

Sewer Public Sewer

Water Public

Architectural Style Historic

Structure Type Other,Brick

Others

HOA Fee Include Other,Building Exterior,Association Ins,Grounds Maintenance

Restrictions Yes

Tax ID 094EG03900Z

Energy Description Electric

Acceptable Financing Other, Cash, Conventional

Listing Terms Other, Cash, Conventional

Listed by Downtown Realty, Inc.

GET MORE INFORMATION

+1(865) 806-3264

brycelipsey@gmail.com