Crown And Anchor Can Help You Purchase This Home

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416 S Gay St 204, Knoxville, 37902

Priced At: $965,000

Property Details for ID: 1341587

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SqFt: 1,456
Price SqFt: $663
Total Bedrooms: 2
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-05-20T19:16:07Z
Subdivision: JCPenny Building Condominiums

Public Remarks: 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 (which has EV charging stations). 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.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Historic, Other
Type: Other
Site Built: Yes
Year Built: 1905
Total Rooms: 5
SqFt (Total): 1,456
SqFt (Main Lvl): 1,456
Full Baths: 2
1/2 Baths: 0
Fireplace: No
Bonus Room: No
Extra Storage: No
Basement: No
Basement Type: Other

  Exterior Features

Features: Windows - Insulated
Construction: Brick, Other
Siding: Brick, Other

  Appliances

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

  Room Dimensions

  Interior Features

Dining Area: Breakfast Bar, KitchenDining Rm Co, Living RmDining Rm
Floors: Hardwood, Tile
Other Rooms: LaundryUtility
Misc Features: Walk-in Shower, Walk-in Closets, WasherDryer Connect, Wired for Internet

  Property Details

Lot Description: Other
View: City

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, Other

  HOA Information

Restrictions: Yes
HOA: Mandatory
HOA Fee: 463
HOA Freq: Monthly
HOA Contact: Realty Resource Systems - 423-329-5242

Heating & Cooling

Fireplace(s): No
Total Fireplaces: 0
Fireplace Type(s): None
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Central, Heat Pump

Garage / Parking

Other

  Community Features

Elevator

Outbuildings


Presented By: / Downtown Realty, Inc.

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

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.



Your commute

( Departing today at 8:00am )


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