402 S Gay St 301, Knoxville, TN 37902 (MLS# 1305228)


$916,500
402 S Gay St 301
Knoxville, TN 37902
MLS# 1305228
Status: Closed
2 beds  |  1641 sqft


Exterior 2
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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. Owner pays for a monthly permit for this garage. And in the nearby State St. Garage, parking is currently free on nights and weekends.

Details
Maps
Contract Info
Auction Y/N: No
Occupancy: Permanent Residence
Location, Tax & Legal Info
Unit #: 301
Area: Knox County - 1
Property Sub-Type: Condominium
Community: Downtown
City/County Code: City Limits
Total Tax: 5954.84
General Property Description
Type: Other
# Bedrooms: 2
Acre Source: See Remarks
# of Rooms: 6
Restrictions: Yes
Site Built: Yes
Fireplace: No
HOA Fee: 489
HOA Freq: Monthly
HOA Contact: DIA, Nada K. - 865-637-8540/nkuchinic@dia-arch.com
Property Status: N/A
SqFt - Main Lvl: 1641
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: Mandatory
Position of Unit: 3rd Fl Gay St
Basement: No
Bonus Room: Yes
Extra Storage: No
Remarks & Misc
Directions: Located above Mast General Store at the intersection of Gay Street and Wall Avenue, just one block south of Summit Hill Drive. Public parking is available in the Promenade Garage directly behind the building, or in the nearby State St. Garage, where night/weekend parking is free and Downtown residents are offered reduced monthly parking rates; subject to availability.
Public Remarks: 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. Owner pays for a monthly permit for this garage. And in the nearby State St. Garage, parking is currently free on nights and weekends.
Atchd/Dtchd Type
Attached: 1
Style
Contemporary: 1
Historic: 1
Other: 1
Construction
Brick: 1
Other: 1
Siding
Brick: 1
Other: 1
Fireplace
None: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Other: 1
Floors
Hardwood: 1
Tile: 1
Garage/Parking
Other: 1
Basement
None: 1
Other: 1
Lot Description
Other: 1
Fuel
Electric: 1
View
City: 1
Heat
Central: 1
Heat Pump: 1
Community Amenities
Elevator: 1
Dining Area
Breakfast Bar: 1
Kitchen/Dining Rm Co: 1
Living Rm/Dining Rm: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Other Rooms
Den/Study: 1
Laundry/Utility: 1
Exterior Features
Windows - Insulated: 1
Misc Features
Kitchen Island: 1
Walk-in Shower: 1
Washer/Dryer Connect: 1
Wired for Internet: 1
Sewer
Public Sewer: 1
Water
Public: 1
Association Fee Incl
Association Ins: 1
Building Exterior: 1
Grounds Maintenance: 1
New Financing
Cash: 1
Other: 1
Showing
See Agent Instructns: 1
Property Features

IDX
Listing Office: Downtown Realty, Inc.

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