416 S Gay St #204, Knoxville, TN, 37902 | Capstone Realty

Stephanie Ulrich

Realtor®, RENE, GRP, MRP
License#: 11920

Experience urban living at its finest in Unit 204 of the iconic JC Penney Building, located in the heart of downtown Knoxville's vibrant Historic Gay Street district. This beautifully appointed 2-bedroom, 2-full-bath residence blends historic character with modern comfort, offering an exceptional opportunity to own a piece of Knoxville's rich architectural heritage. Situated within one of downtown's most recognizable landmarks, the condo features soaring ceilings, expansive windows that fill the space with natural light, and an open-concept layout designed for both everyday living and entertaining. Historic architectural details are thoughtfully preserved, creating a unique atmosphere that reflects the building's storied past while providing the conveniences of contemporary living. Elevator access offers added convenience and easy accessibility to the residence. Located directly above Maple Hall, one of downtown Knoxville's premier boutique bowling and entertainment destinations, the property places residents in the center of the city's dynamic energy while maintaining the privacy and comfort of an upscale residential retreat. Step outside your door and enjoy walkable access to Knoxville's premier restaurants, theaters, galleries, shops, and entertainment venues. Just moments from Market Square, the Tennessee Theatre, and the University of Tennessee campus, this location places the very best of downtown Knoxville within easy reach. Whether you're seeking a primary residence, a downtown retreat, or an investment opportunity, this unique find offers a rare combination of history, location, and urban sophistication in one of Knoxville's most sought-after addresses.

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Stephanie Ulrich

General

  • Property Type: Condo/Townhouse
  • Status: Active
  • MLS#: 3615690
  • List Price: $939,000
  • List Date: 08/06/2026
  • Year Built: 1905
  • County: Knox County, TN
  • Subdivision: Jc Penney Condo
  • Beds: 2
  • Full Bathrooms: 2
  • Sq. Ft.: 1,456
  • Lot Description: Other
  • Directions: Public parking is available in the Promenade Garage directly behind the building as well as the nearby State Street Garage or Market Square garage.

Interior Features

  • Interior Features: Walk-In Closet(s), Ceiling Fan(s)

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Central, Electric, Heat Pump
 

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