$799,500
Knoxville, TN 37902
MLS# 1341587
2 beds | 1456 sqft
1 / 29
Property Description
This impressive loft seamlessly blends modern sophistication with refined industrial design while preserving the historic character of the building through rustic exposed brick, textured plaster walls, and original exposed beams. This stunning two-bedroom residence features an expansive great room with soaring ceilings, oversized windows, and a Juliet-style balcony that fills the space with natural light. The open-concept dining area flows effortlessly into the beautifully appointed kitchen, complete with concrete countertops, sleek cabinetry, and stainless steel appliances. Additional highlights include generous closet space, a separate laundry room, controlled elevator access, and secure fob/code entry from both the Gay Street entrance and the rear entrance through the attached Promenade Garage. Originally constructed around 1905, the iconic JC Penney Building was thoughtfully redeveloped in 2016 into an exceptional mixed-use property featuring just 17 private residences above Maple Hall, Knoxville's renowned 'spirited bowling experience.' Ideally situated in the heart of Downtown Knoxville's Theater District, the JC Penney Lofts are just one block from Market Square and Krutch Park. Step outside to enjoy some of the city's finest restaurants, cafés, farmers markets, entertainment venues, fitness studios, and art galleries. Nearby attractions also include World's Fair Park and its greenway system, the University of Tennessee, Covenant Health Park, Emory Place, Downtown North, the PetSafe Dog Park, and the South Waterfront--placing the very best of downtown living just moments from your front door. Public parking with EV charging stations is conveniently available in the attached Promenade Garage directly behind the building, as well as the nearby State Street Garage, where parking is currently free on evenings and weekends. Approximate square footage is based on Courthouse Retrieval Records and is an estimate only. Buyer to verify square footage, taxes, and HOA fees, as all are subject to change.
Details
Maps
Contract Info
Auction Y/N: No
Occupancy: Permanent Residence
Listing Price: 799500
Current Price: $799,500
Status: Active
Listing Date: 2026-05-20
Location, Tax & Legal Info
Unit #: 204
Area: Knox County - 1
Property Sub-Type: Condominium
Community: Downtown
City/County Code: City Limits
Total Tax: 4232.65
General Property Description
Type: Other
# Bedrooms: 2
Acre Source: Tax Records
# of Rooms: 5
Restrictions: Yes
Site Built: Yes
Fireplace: No
HOA Fee: 463
HOA Freq: Monthly
HOA Contact: Realty Resource Systems - 423-329-5242
Property Status: N/A
SqFt - Main Lvl: 1456
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: Mandatory
Position of Unit: 2nd Floor East
Basement: No
Bonus Room: No
Extra Storage: No
SqFt - Total (Aprox): 1456
Baths - Full: 2
Year Built: 1905
Remarks & Misc
Directions: Located 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.
Public Remarks: This impressive loft seamlessly blends modern sophistication with refined industrial design while preserving the historic character of the building through rustic exposed brick, textured plaster walls, and original exposed beams.
This stunning two-bedroom residence features an expansive great room with soaring ceilings, oversized windows, and a Juliet-style balcony that fills the space with natural light. The open-concept dining area flows effortlessly into the beautifully appointed kitchen, complete with concrete countertops, sleek cabinetry, and stainless steel appliances.
Additional highlights include generous closet space, a separate laundry room, controlled elevator access, and secure fob/code entry from both the Gay Street entrance and the rear entrance through the attached Promenade Garage.
Originally constructed around 1905, the iconic JC Penney Building was thoughtfully redeveloped in 2016 into an exceptional mixed-use property featuring just 17 private residences above Maple Hall, Knoxville's renowned 'spirited bowling experience.'
Ideally situated in the heart of Downtown Knoxville's Theater District, the JC Penney Lofts are just one block from Market Square and Krutch Park. Step outside to enjoy some of the city's finest restaurants, cafés, farmers markets, entertainment venues, fitness studios, and art galleries. Nearby attractions also include World's Fair Park and its greenway system, the University of Tennessee, Covenant Health Park, Emory Place, Downtown North, the PetSafe Dog Park, and the South Waterfront--placing the very best of downtown living just moments from your front door.
Public parking with EV charging stations is conveniently available in the attached Promenade Garage directly behind the building, as well as the nearby State Street Garage, where parking is currently free on evenings and weekends.
Approximate square footage is based on Courthouse Retrieval Records and is an estimate only. Buyer to verify square footage, taxes, and HOA fees, as all are subject to change.
Atchd/Dtchd Type
Attached: 1
Style
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
Floors
Hardwood: 1
Tile: 1
Garage/Parking
Other: 1
Basement
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
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Other Rooms
Laundry/Utility: 1
Exterior Features
Windows - Insulated: 1
Misc Features
Walk-in Shower: 1
Walk-In Closet(s): 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
Sewer: 1
Water: 1
New Financing
Cash: 1
Conventional: 1
Other: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 416
St Dir: S
Street Name: Gay
St Suffix: St
State/Province: TN
Zip Code: 37902
PIN #: 095IA03701E
Subdivision: JCPenny Building Condominiums
Geo Lat: 35.966047
Geo Lon: -83.918357
Status Change Info
Status Change Date: 2026-05-20
Property Features
Style: Historic; Other
Construction: Brick; Other
Siding: Brick; Other
Basement: Other
Lot Description: Other
Fireplace: None
Floors: Hardwood; Tile
Fuel: Electric
Heat: Central; Heat Pump
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Sewer: Public Sewer
Water: Public
Other Rooms: Laundry/Utility
Misc Features: Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wired for Internet
Exterior Features: Windows - Insulated
Dining Area: Breakfast Bar; Kitchen/Dining Rm Co; Living Rm/Dining Rm
Community Amenities: Elevator
Association Fee Incl: Association Ins; Building Exterior; Grounds Maintenance; Sewer; Water
Showing: See Agent Instructns
New Financing: Cash; Conventional; Other
IDX
Listing Office: Downtown Realty, Inc.
Last Updated: July - 23 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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