304 S Gay St - Office/Residential FOR SALE


Knoxville, TN 37902- Downtown Knoxville | 
$4,700,000 USD
865-233-6441
304 S Gay St, Knoxville, TN for Sale
$4,700,000 USD
Office/Residential - FOR SALE
1/50
null | Request Cap Rate

304 S Gay St
Knoxville, TN 37902
Downtown Knoxville


HIGHLIGHTS

  • Turnkey Short-Term Rental Opportunity
  • 11,000+ Square Footage
  • Historic Character with Modern Finishes
  • Rooftop Access
  • All Furnishings Convey With Sale

OVERVIEW

PWA Properties is pleased to present 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.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$373 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Friedman's Loft

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

DK-H

APN/PARCEL ID

095IA-045

ASK ABOUT THIS PROPERTY

Jeffrey DealejandroPWA PropertiesMore Info
865-233-6441

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Jeffrey DealejandroPWA PropertiesMore Info
865-233-6441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.