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304 S Gay St, Knoxville, 37902
Priced At: $4,700,000
Property Details for ID: 1356454
SqFt: 11,921
Price SqFt: $394
Total Bedrooms: 5
Full Baths: 4 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2026-09-23T15:35:39Z
Subdivision: See P002
Public Remarks: Presenting Friedman's Loft, a short-term rental opportunity spanning more than 11,000 square feet in the heart of Downtown Knoxville. Located at 304 S Gay Street, this property combines historic character with modern finishes and expansive spaces designed for entertaining. The residence features five bedrooms, four-and-a-half bathrooms, multiple living and dining areas, a full kitchen, private elevator access, rooftop access, a spa room with sauna, and a two-car garage. A standout feature is the private speakeasy built within the building's original vault, complemented by a full bar, poker table, and historic details throughout. The lower level also includes a second kitchen, pool table, shuffleboard, and additional lounge space. All furnishings and decor convey with the sale, providing a turnkey short-term rental opportunity. With its iconic Gay Street location, exceptional scale, and distinctive amenities, Friedman's Loft offers a rare rental experience in the center of Downtown Knoxville. The commercial condo within the building may be purchased along with the loft.
Schools Information
Sorry, school information is not available for this listing.Building Description
Site Built: Yes
Year Built: 1946
Total Rooms: 25
SqFt (Total): 11,921
SqFt (Main Lvl): 2,980
SqFt (Down Lvl): 2,980
SqFt (2nd Flr Lvl): 2,980
SqFt (3rd Flr Lvl): 2,980
Full Baths: 4
1/2 Baths: 1
Fireplace: No
Bonus Room: Yes
Basement: Yes
Basement Type: Finished
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 0
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
From James White Pkwy, follow signs for Downtown Knoxville/Cumberland Ave. Take the exit toward East Hill Ave. Turn right onto Hill Ave SE, then turn left onto Gay Street. Property is located on the right, just past the intersection of Gay St and Union Ave, in the heart of Downtown Knoxville.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!