304 S Gay St, Knoxville, TN 37902 (MLS# 1356454)

304 S Gay St, Knoxville, TN 37902

$4,700,000
Property Type: Single Family Bedrooms: 5 Square Footage: 11,921 Lot Size (sq. ft.): 3,615 Status: Active
Current Price: $4,700,000 List Date: 9/23/2026 Last Modified: 9/23/2026

Overview

Description

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 Knox ...

Listing Details MLS# 1356454

Location Tax Legal Info

House #
304
St Dir
S
Street Name
Gay
St Suffix
St
State/Province
TN
Zip Code
37902
PIN #
095IA045
Subdivision
See P002

Contract Info

Auction Y/N
No
Listing Price
4700000

General Property Description

Type
3 Story
Lot Dimensions
25M X 135 X IRR
Lot Size SqFt
3615
Acres
0.08
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
11921
SqFt - Main Lvl
2980
SqFt - Down Lvl
2980
SqFt - 2nd Flr Lvl
2980
SqFt - 3rd Flr Lvl
2980
# Bedrooms
5
Baths - Full
4
Baths - 1/2
Yes
# of Rooms
25
Fireplace
No
Property Status
N/A
HOA
No
Year Built
1946
Bonus Room
Yes
# Fireplace
0
Basement
Yes

Status Change Info

Status Change Date
2026-09-23

Location, Tax & Legal Info

Area
Knox County - 1
Property Sub-Type
Residential
City/County Code
City Limits
Total Tax
21710

Remarks & Misc

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.
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.

More Information

Atchd/Dtchd Type

Attached
Yes

Style

Other
Yes

Construction

Brick
Yes

Fireplace

None
Yes

Cooling

Central Cooling
Yes

Floors

Hardwood
Yes
Tile
Yes

Garage/Parking

Garage Spaces
2

Basement

Finished
Yes

Lot Description

Other
Yes

Fuel

Electric
Yes

View

City
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes
Washer
Yes

Exterior Features

Porch - Covered
Yes

Misc Features

Internet Available
Yes
Kitchen Island
Yes
Walk-in Shower
Yes
Washer/Dryer Connect
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Other Construction: Brick Basement: Finished Lot Description: Other Fireplace: None Floors: Hardwood; Tile Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer Sewer: Public Sewer Water: Public Misc Features: Internet Available; Kitchen Island; Walk-in Shower; Washer/Dryer Connect Exterior Features: Porch - Covered Showing: See Agent Instructns New Financing: Cash; Conventional; New Loan
IDX
Listing Office: PWA Properties
Last Updated: September - 23 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.