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402 S Gay St , #301

Knoxville, TN 37902
  • $995,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 1305228
UPDATED: 48 min ago
$995,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,641
    SQFT
  • $606
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2007
County:
Area:

School Ratings & Info

Description

You must see it to truly appreciate this stunning urban loft overlooking Downtown's vibrant Gay Street. Located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District, this exceptional residence features an expansive great room with huge windows, two bedrooms, two baths and a separate study. The original exposed brick, rough-hewn timbers and soaring ceilings evoke the building's industrial past, while the contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. Thoughtfully designed with both style and function in mind, you will find abundant kitchen storage and generous custom-designed closets. Updates include fresh paint throughout (2024), new hardwood floors in the master bedroom (2019), custom cherry vanities with granite tops, and REME HALO Whole Home In-Duct Air Purifier (hospital grade), HVAC Carrier compressor on roof (2017), & extra-capacity water heater (2010). Washer/Dryer and Pottery Barn office furniture included. In addition to the 13 residences, there are commercial spaces on the first and second floors of the building including the beloved Mast General Store and prominent architecture firm DIA. Stroll outside and enjoy many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new Covenant Health Park stadium, library, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can easily access it all from your home in the Gallery Lofts. Approx. size per appraiser is an estimate only and is not guaranteed. Developer's 1725sf estimate and CRS measurements of 1917sf vary. Buyer to verify size, taxes and HOA fees, which are subject to change. CRS records state the building was constructed in 1910, however historians date the building to the 1880's. The building was redeveloped in 2007 and roof was replaced in 2023. Public parking is offered directly behind the building in the attached Promenade Garage, or in the nearby State St. Garage where night/weekend parking is free and Downtown residents are offered reduced monthly parking rates of approx. $45/month; subject to availability.

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© 2025 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 Tennessee Elite Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Tennessee Elite Realty. Data last updated: 2025-07-07T15:47:58.58.
www.tennesseeeliterealty.com/homes/165065459
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402 S Gay St , #301 Knoxville, TN 37902

  • Price: $995,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 48 min ago
  • ID#: 1305228
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,641
SQFT
$606
$/SQFT
2007
Built
Neighborhood:
Gallery Lofts
County:
Knox
Area:
Knoxville
Property Description
You must see it to truly appreciate this stunning urban loft overlooking Downtown's vibrant Gay Street. Located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District, this exceptional residence features an expansive great room with huge windows, two bedrooms, two baths and a separate study. The original exposed brick, rough-hewn timbers and soaring ceilings evoke the building's industrial past, while the contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. Thoughtfully designed with both style and function in mind, you will find abundant kitchen storage and generous custom-designed closets. Updates include fresh paint throughout (2024), new hardwood floors in the master bedroom (2019), custom cherry vanities with granite tops, and REME HALO Whole Home In-Duct Air Purifier (hospital grade), HVAC Carrier compressor on roof (2017), & extra-capacity water heater (2010). Washer/Dryer and Pottery Barn office furniture included. In addition to the 13 residences, there are commercial spaces on the first and second floors of the building including the beloved Mast General Store and prominent architecture firm DIA. Stroll outside and enjoy many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new Covenant Health Park stadium, library, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can easily access it all from your home in the Gallery Lofts. Approx. size per appraiser is an estimate only and is not guaranteed. Developer's 1725sf estimate and CRS measurements of 1917sf vary. Buyer to verify size, taxes and HOA fees, which are subject to change. CRS records state the building was constructed in 1910, however historians date the building to the 1880's. The building was redeveloped in 2007 and roof was replaced in 2023. Public parking is offered directly behind the building in the attached Promenade Garage, or in the nearby State St. Garage where night/weekend parking is free and Downtown residents are offered reduced monthly parking rates of approx. $45/month; subject to availability.
Exterior Features

Architectural Style OtherContemporaryHistoric Attached Garage YN No Exterior Features Balcony Parking Features Other

Interior Features

Appliances DishwasherDisposalMicrowaveRangeRefrigerator Basement NoneOther Bonus Room Yes Cooling OtherCentral CoolingCeiling Fan(s) Den Study Yes Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring HardwoodTile Heating CentralHeat PumpElectric Interior Features Kitchen IslandBreakfast BarEat-in Kitchen Laundry Utility Yes Misc Features Island In Kitchen Yes Misc Features Walkin Shower Yes Misc Features Washer Dryer Connect Yes Misc Features Wired For Internet Yes Rooms Total 6

Property Features

Association Amenities Elevator Association Fee 489 Association Fee Frequency Monthly Association Fee Includes Building ExteriorAssociation InsGrounds Maintenance 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 OtherCash Lot Features Other New Financing Cash Yes Occupancy Permanent Residence Other Structures [] Position Of Unit 3rd Fl Gay St 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 © 2025 East Tennessee REALTORS®.
Listing provided courtesy of Downtown Realty, Inc.: 865-588-5535.


© 2025 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 Tennessee Elite Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Tennessee Elite Realty. Data last updated: 2025-07-07T15:47:58.58.
 
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