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Listing Detail - Nashville Home and Farms

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Knoxville, TN 37902 416 S Gay St 204

416 S Gay St 204 Knoxville, TN - Image 1416 S Gay St 204 Knoxville, TN - Image 2416 S Gay St 204 Knoxville, TN - Image 3
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Presented By: Downtown Realty, Inc.
  • MLS# 1341587
  • 05/20/2026
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 1,456

Home Details

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, including a brand new refrigerator. 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.
Presented By: Downtown Realty, Inc.

Interior Features for 416 S Gay St 204

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

Air Conditioning Y/NYes
BasementOther
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringHardwood, Tile
Heating Y/NYes
Interior AmenitiesWalk-In Closet(s), Breakfast Bar, Eat-in Kitchen
Total Fireplaces
Window FeaturesWindows - Insulated

General for 416 S Gay St 204

AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Architectural StyleOther, Historic
Assoc Fee Paid PerMonthly
Association AmenitiesElevator
Association Fee IncludesBuilding Exterior, Association Ins, Sewer, Grounds Maintenance, Water
Attached Garage No
CityKnoxville
Construction MaterialsOther, Brick
CoolingCentral Cooling, Ceiling Fan(s)
CountyKnox County - 1
DirectionsLocated on the vibrant 400-Block of Gay Street above Maple Hall (bowling and spirits), across from the famed Cruze Farm Dairy and adjacent to Mast General Store. Public parking is available in the Promenade Garage directly behind the building and in the nearby State Street Garage.
Full Baths2
HOAYes
HOA Fee$463
HeatingCentral, Heat Pump, Electric
MLS AreaKnox County - 1
MLS Area MinorKnox County - 1
New Financing Cashtrue
New Financing Coventionaltrue
Property Attached Y/NYes
Property SubtypeCondominium
Property TypeSingle Family
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeOther
Subdivision NameJCPenny Building Condominiums
Total Rooms5
Unit Number204
ViewCity
Year Built1905

Exterior for 416 S Gay St 204

Building Area Total1456
Lot FeaturesOther
Lot Size SourceTax Records
Parking FeaturesOther
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Anthony Martin

Agent | Owner
Price $965,000
MLS#1341587
List Date 05/20/2026
Property Type Condos
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