Beds: 2 • Baths: 2 • Sq Ft: 1,456 • Price: $469,000

Your opportunity for downtown, luxury living is right here! The historic JC Penney building on Gay Street is in the heart of downtown Knoxville. This beautifully renovated 2 bedroom, 2 bathroom loft features newly refinished hardwood floors throughout, Heuristic Workshop custom cabinets and concrete countertops in the kitchen and bathrooms, stainless steel Maytag appliances and chic, upscale lighting. Light pours into the open living space through expansive windows and a juliette balcony. You’ll enjoy comfort and convenience here with great storage, a laundry room with additional cabinetry, and a second, custom solid wood master bedroom closet which was added by the owners. So much of the original character and charm of this 1905 building was carefully preserved and highlighted when the residences were developed in 2016, including soaring ceilings and exposed brick walls. You won’t need to go far to find great food and entertainment, Babalu and Maple Hall Bowling Lanes are just downstairs! The JC Penney residences are just steps from Market Square, Old City, and fantastic dining, cafes, shops, and entertainment.

Contact Jade Kloss about this property


Established in 1791, Knoxville quickly became the first capital of Tennessee in 1796. It served as a commercial center for mountain communities as well as a layover spot for travelers heading west. Population and commercial activity exploded in the 1850’s with the arrival of the railroad, and most of Knoxville’s downtown historic buildings that still exist today were built in those decades directly following the Civil War. Throughout the next hundred years, the Center City had its ups and downs; but by the end of the 20th century, empty storefronts were common and urban sprawl had left the Center City underutilized and poised for redevelopment. Starting in the year 2000, cooperation between city leaders and private developers led to the renovation of Market Square and a string of historic buildings on the 100 block of Gay Street.  Mixed-use development was encouraged and these two areas served to spark a resurgence that spread throughout downtown over the next 20 years.

First Neighborhoods Realty

722 N. Broadway
Knoxville, TN 37917

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First Neighborhoods Realty, LLC a boutique firm specializing in the historic neighborhoods in and around downtown Knoxville.

© 2021 First Neighborhoods Realty, LLC
722 N. Broadway
Knoxville, TN 37917

865.446.0055 - office

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