418 S Gay St

The Phoenix is a historic mixed-use building on downtown Knoxville’s Gay Street, originally constructed circa 1899–1910 and converted to residential lofts in the early 2000s. Mid-rise in scale, its upper floors contain a variety of condo and apartment lofts with open floor plans, high ceilings, large industrial-style windows, exposed brick and timber elements, and restored hardwood floors. Unit types range from one-bedroom penthouses to multi-bedroom lofts and flexible studio/den layouts; many homes include built-ins, kitchen islands or breakfast bars, and walk-in closets. Common interior features across units include cathedral ceilings, ceiling fans, elevator access, and shared storage cages in the basement accessed by keyed entry. The building’s ground floor is activated by retail and food tenants — a coffee and doughnut shop, an old-fashioned soda fountain and pharmacy, a bank and cleaners — creating daily conveniences in the lobby and retail bays. Residents use a secure main entry, and vehicular access is supported by a loading dock and nearby public garages with resident rate programs; limited private parking and garage access are available behind the building. Pet policies are typically limited and handled at the HOA level. Located steps from Market Square, the Old City, UT campus, arts venues and the riverfront greenway, the Phoenix offers an urban lifestyle rooted in preserved architectural character and walkable downtown amenities.