418 Gay St #603 Knoxville, TN 37902

Stunning penthouse loft located in the eclectic Phoenix Building, just steps from Market Square, the Old City and the Theater District. This remarkable residence has recently undergone an incredible transformation. The original exposed brick and soaring ceilings evoke the building's industrial past, while the contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. Enjoy the open great room and expansive windows overlooking Gay Street and the Downtown skyline. Updates include a beautifully-remodeled kitchen and bathroom, gorgeous new hardwood floors, new cabinetry and marble countertops, sleek tile, new appliances, designer lighting and fresh paint. All furnishings will remain with the exception of the buffet in the dining area, items on countertops and items in cabinets/closets.
This mixed-use building boasts a first-floor coffee & doughnut shop, old-fashioned soda fountain, pharmacy & clinic, along with rotating exhibits of local artwork. The building's back entrance opens onto the Promenade Garage. Also, the Phoenix Building is located one block from the State Street Garage where Downtown residents are offered reduced parking rates. The Phoenix Building was originally constructed around 1900 & the top four floors were converted into residences in 2003-04. Approx. size per Courthouse Retrieval System records is an estimate only and is not guaranteed. Buyer to verify size, taxes, pending HOA assessment information and HOA fees, which are subject to change. Water is included in the monthly HOA fee. AirBnB's and Short-Term Rentals are not permitted by the HOA. Small pets are permitted; please see HOA documents for additional HOA-related information. Conventional financing may not be available. A storage space may be available for lease in the basement. *Seller will be reviewing all offers received by Sunday 3/13/22 at 5pm. It is requested that the Time Limit of Offer for offers received should be no earlier than 5pm on 3/14/22.