116 S Gay St Unit M103, Knoxville, TN 37902

$535,000
2
BD
2
BA
1,130
SqFt

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Sold Price
$535,000
List Price
$559,000
Closing Date
Mar 07, 2025
MLS#
1288593
Status
CLOSED
Type
Condo
City
Knoxville
County
Knox
Bedrooms
2
Bathrooms
2
Living Area
1,130
Year Built
1920
Subdivision
Sterchi Lofts Condos Unit M103
Occupancy
Permanent Residence

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! .

Additional Information

Acres
0.03
Amenities
Elevator(s), Storage
HOA Frequency
Monthly
HOA Fee
$286
Appliances
Dishwasher, Disposal, Microwave, Range, Self Cleaning Oven
Construction
Block, Steel Frame, Brick, Metal Siding
Cooling
Central Air
Floors
Vinyl
Garage
On Street, Off Street, Other
Living Area
1,130
Lot Description
Other
Style
Other
View
Mountain View, City
Year Built
1920

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Calculator source: Real Geeks

Agent: Joe Consumo |

Office: Terminus Real Estate, Inc. |

Selling Office: .