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416 S Gay St , #204

Knoxville, TN 37902
  • $965,000
  • STATUS: Active
  • ON SITE: 62 Days
  • ID#: 1341587
UPDATED: 44 min ago
$965,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,456
    SQFT
  • $663
    $/SQFT
Type:
Condo
Built:
1905
County:
Area:

School Ratings & Info

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. 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.

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© 2026 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Keller Williams Athens. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Athens. Data last updated: 2026-07-22T09:47:53.15.
www.thgknoxville.com/homes/176700960
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416 S Gay St , #204 Knoxville, TN 37902

  • Price: $965,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 44 min ago
  • ID#: 1341587
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,456
SQFT
$663
$/SQFT
1905
Built
Neighborhood:
Jcpenny Building Condominiums
County:
Knox
Area:
Knoxville
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. 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.
Exterior Features

Architectural Style OtherHistoric Attached Garage YN No Exterior Features [] Parking Features Other

Interior Features

Appliances DishwasherDisposalDryerMicrowaveRangeRefrigeratorWasher Basement Other Bonus Room No Cooling Central CoolingCeiling Fan(s) Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring HardwoodTile Heating CentralHeat PumpElectric Interior Features Walk-In Closet(s)Breakfast BarEat-in Kitchen Laundry Utility Yes Misc Features Walkin Closets Yes Misc Features Walkin Shower Yes Misc Features Washer Dryer Connect Yes Misc Features Wired For Internet Yes Rooms Total 5

Property Features

Association Amenities Elevator Association Fee 463 Association Fee Frequency Monthly Association Fee Includes Building ExteriorAssociation InsSewerGrounds MaintenanceWater Association YN Yes Auction YN No Community Amenities Elevator Yes Community Features [] Construction Materials OtherBrick Dining Area Kitchen Dining Rm Co Yes Dining Area Living Rm Dining Rm Yes Extra Storage No Frontage Type [] Fuel Electric Yes HOA Mandatory Listing Terms OtherCashConventional Lot Features Other New Financing Cash Yes New Financing Conventional Yes Occupancy Permanent Residence Other Structures [] Position Of Unit 2nd Floor East Property Attached YN Yes Property Status N/A Property Sub Type Condominium Restrictions Yes Security Features [] Sewer Public Sewer Site Built Yes Type Other Utilities [] View City Water Source Public

Listing information © 2026 East Tennessee REALTORS®.
Listing provided courtesy of Downtown Realty, Inc.: .


© 2026 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Keller Williams Athens. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Athens. Data last updated: 2026-07-22T09:47:53.15.
 
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Keller Williams Athens
1607 S. Congress Pkwy S
Athens TN, 37303