116 S Gay St

The Sterchi Building at 116 S. Gay Street is a converted early-20th-century commercial block constructed in 1920 and rehabilitated for residential use. The masonry structure was originally the Sterchi Brothers Furniture headquarters and now contains roughly 100 loft-style condominiums and apartments laid out as one- and two-bedroom plans; many units feature cathedral ceilings, oversized windows, open-plan living with eat-in kitchens, kitchen islands, pantries, and walk-in closets. Interior finishes from recent conversions include quartz countertops, deep stainless sinks, commercial-grade faucets, energy-efficient appliances, modern HVAC systems, designer light fixtures, and tiled shower surrounds. Common areas are elevator-served and include a fitness room equipped with cardio machines and strength trainers, a secure lobby with mailbox access, optional private storage in the basement, and a tenth-floor rooftop deck offering panoramic views of downtown Knoxville and the Great Smoky Mountains. The building offers optional off-street parking and secured entry; it operates under typical condo rules with parking and storage as add-ons. Located in the heart of downtown, Sterchi sits within easy walking distance of Market Square, the Old City, Volunteer Landing, the University of Tennessee, restaurants, galleries, and entertainment venues, combining historic industrial character with contemporary interior upgrades and urban convenience.