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116 S Gay St #706, Knoxville, TN 37902
116 S Gay St #706, Knoxville, TN 37902
Sold for $325,000
116 S Gay St #706, Knoxville, TN 37902
Sold for $325,000
116 S Gay St #706, Knoxville, TN 37902
116 S Gay St #706, Knoxville, TN 37902
116 S Gay St #706, Knoxville, TN 37902
116 S Gay St #706, Knoxville, TN 37902

116 S Gay St #706 Knoxville, TN 37902

$325,000

CLOSED
Beds
1
Baths
1
Sqft
580
Acres
0.01
Year
1920
Close Date
Nov 10, 2025
Property Type
Residential
Sub Type
Condominium
Per Square Foot
$560
Date Listed
Aug 1, 2025

Description of 116 S Gay St #706, Knoxville, TN 37902

Listing details for 116 S Gay St #706, Knoxville, TN 37902 : Experience modern urban living in this beautifully updated 1-bedroom, 1-bath condo at Sterchi Lofts. Situated on the 7th floor, this bright, airy unit offers a Southern exposure looking down the center of the city. Watch parades, Christmas lights, and downtown festivals like the Rossini Festival right from your living room. Enjoy your morning coffee looking out at the Smokies in the horizon. Originally the headquarters of Sterchi Brothers Furniture—the largest wholesale furniture distributor in the Southeast—this historic building was transformed into loft-style residences in 2002 and underwent further upgrades from 2016 to 2022. During the renovation, this unit was updated with: · Energy-efficient appliances · Quartz countertops & deep stainless steel sink · Commercial-grade kitchen faucet · Designer light fixtures · Updated HVAC system · Modern plumbing fixtures · Luxurious Roca (Spanish) tile in the shower. With tall ceilings, expansive windows, and an open-concept design, this condo perfectly blends historic charm with contemporary style. Residents of Sterchi Lofts also enjoy premium amenities, including a 24-hour fitness center, additional rentable storage, and a rooftop patio with stunning views of the Knoxville skyline and the Great Smoky Mountains. Knoxville was recently ranked among the most desirable cities to live in by U.S. News & World Report in 2024, and downtown continues to thrive. With a new baseball stadium set to open in 2025 and the upcoming Neyland Entertainment District transforming the riverfront, now is the perfect time to invest in this vibrant community. Walk to award winning restaurants, the Farmers' Market, several gyms, coffee shops, and shows at the Tennessee and Bijou Theaters. Drop by the art galleries and local bookstore down the block or bike to the University of Tennessee and IJAMS Nature Center. 📍 Don't miss this rare opportunity—schedule your showing today! Unit is not occupied and is easy to view
Listing Updated : 09-21-2026 at 10:06 AM CDT
Listing Provided By

Joe Consumo, Terminus Real Estate, Inc.

Properties displayed may be listed or sold by various participants in the MLS

Source

East Tennessee Realtors, MLS#: 1310509

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Property History

DateEventPrice
11/10/2025
Sold
$325,000
$560/sqft
Source:East Tennessee Realtors #1310509
8/1/2025
Listed for sale
—
Source:East Tennessee Realtors #1310509
4/15/2019
Sold
$178,000
$307/sqft
Source:East Tennessee Realtors #1076130
3/20/2019
Listed for sale
—
Source:East Tennessee Realtors #1076130

Location of 116 S Gay St #706, Knoxville, TN 37902

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