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Active 348 days on market

116 S Gay St L101

Knoxville, TN 37902 · Sterchi Lofts Condos Unit L101 · Knox County

$557,500

Beds
2
Baths
2
Sq ft
1,130
Acres
0.03
Built
1920

Listing courtesy of Terminus Real Estate, Inc. · MLS #1321890

Description

Experience the best combination of value and location downtown at Sterchi Lofts. Enjoy urban living at its finest in this beautiful 2-bedroom, 2-bath condo located in the heart of Downtown Knoxville. Nestled in the historic Sterchi Lofts, level L supports only 4 total units on the entire floor and is also ground level on the back side of the building making moving furniture and unloading groceries easier than on other floors. This home puts you within walking distance of the Tennessee Theatre, Market Square, Old City, and the exciting new Smokies baseball stadium. You're also just minutes from the University of Tennessee campus and the vibrant South Knoxville riverfront. Step inside to an open-concept floor plan filled with natural light from the large living room window that is one of the few units downtown with views of trees and grass instead of brick and concrete. The 2nd bathroom was remodeled and updated. This unit also is wired for AT&T fiber optic, ideal for remote work or streaming. Residents enjoy access to the on-site fitness center which is conveniently located on the same floor and a rooftop deck offering stunning views of the Knoxville skyline, the Great Smoky Mountains, and the new baseball stadium. Enjoy the ultimate downtown lifestyle with Knoxville's best restaurants, bars, and entertainment right outside your door. Outdoor lovers will appreciate hiking and biking over 30 miles of greenways, boating and kayaking at Volunteer Landing, as well as the trails, ropes course and quarry at the nearby Ijams Nature Center. Don't miss this opportunity to own in the heart of downtown, in one of Knoxville's most centrally located buildings. *Bathroom mirrors do not convey. Buyers to verify square footage. Additional storage available to rent separately.

Details

Home

Type
Residential · Condominium
Style
High Rise
Year built
1920
Living area
1,130 sq ft
Bedrooms
2
Bathrooms
2 full
Parking
On Street, Off Street

Interior

Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
Features
Eat-in Kitchen, Elevator
Also
Washer/Dryer Connect, Walk-in Shower, Elevator, Internet Available, Wired for Internet

Exterior

Construction
Block, Steel Frame, Brick, Metal Siding
Architecture
Historic

Land

Lot size
0.03 acres
Views
Mountain View
Deed restrictions
Yes

Utilities

Water
Public
Sewer
Public sewer
Heating
Central, Electric

Listing

MLS #
1321890
Status
Active
On market
348 days
Listed
Nov 14, 2025
Finances
Property tax
City + county
Inside city limits
HOA
$290/mo
Mandatory dues
Price per sq ft
$493
1,130 sq ft

Price history

Nov 14, 2025
Listed
$557,500

Accepted

  • Cash
  • Conventional
  • 1031 Exchange
  • Alternative

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Location
Neighborhood
Sterchi Lofts Condos Unit L101
County
Knox
ZIP
37902

Drive times

  • downtown Knoxville 5 min
  • UT Medical Center 10 min
  • McGhee Tyson Airport 25 min
  • Pellissippi State 25 min
  • Turkey Creek 25 min
  • Maryville 30 min
Approximate, by road

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Listing courtesy of Terminus Real Estate, Inc.. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1321890.