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2 Beds
2 Baths
1,130 sqft

$557,500

116 S Gay St L101, Knoxville TN, 37902

Price per sqft$493.36
Built in1920
Property size1,130 sqft
Property typeCondominium
Courtesy of Terminus Real Estate, Inc., Joe Consumo

Overview

Active

Listed Nov 14, 2025

Updated Jun 29

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.

$3,709/mo

Est. mortgage payment based on a $557,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1321890

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Association Fee Frequency
Monthly
View
Yes

Courtesy of Terminus Real Estate, Inc., Joe Consumo

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Data last updated 3:19 AM UTC, 6/29/2026

 

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