603 W Main St #103, Knoxville, TN 37902
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
603 W Main St #103,Knoxville, TN 37902
$989,000
- 1 Beds
- 2 Baths
- 2,101 sq. ft.
- Single family
- Active
Listed by: melinda grimac
Office: alliance sotheby's international
MLS#:1289346
Source:TN_KAAR
Price summary
- Price:$989,000
- Price per sq. ft.:$470.73
- Monthly HOA dues:$667
About this home
APPROVED FOR Short Term Rental STATUS ''The Revival'' unit in the Medical Arts Building Condominium is a unique opportunity to own a multi-use property in downtown Knoxville. With a variety of options such as true residential, a nightly rental format option, office, and commercial, this flexible zoning and COA status can accommodate a multitude needs.
Illuminated from above by the 4-foot crystal chandelier, the well-appointed chef's kitchen boasts a 32sf island, double sinks, 72'' refrigerator/freezer, double ovens, and a 36'' cooktop with stainless steel hood. A large service pantry doubles as the private entrance from the unit into the gated garage where owners will enjoy the possiblity of convenient direct unit access to parking spaces right outside their door. (Deeded parking is additional) The generously sized open bedroom area can be enclosed for privacy or opened up for the various uses for the space.
Building history:
The 50 apartments in the Medical Arts Building (MAB) are being converted into condominiums and are now offered for the first time as a purchase option! New owners will enjoy the fantastic location between the downtown core and The University of Tennessee. The Medical Arts Building, an ornate Gothic Revival style building built in 1932 by Lexington, Kentucky architecture firm Manley and Young, was placed on the National Register of Historic Places on May 24, 1984. Originally planned as a 13-story building, the plans were scaled back due to the Great Depression to what we see today as a 10-story high rise, including the attached 4-story parking garage. The decorative terra cotta and dark green spandrel panels on the exterior of the East and South facing facades show the attention to detail, which was rarely seen in the southeast at that time. The Medical Arts Building was once home to a pharmacy, a bank, a beauty shop, a florist, and several restaurants. A bowling alley and a putt-putt golf course also entertained tenants and visitors! The building experienced its share of hardships. In 1985, it was completely renovated and once again became a favorite location for many well-known doctors, dentists, attorneys, accountants, and other professionals. Thomas B. Grace, a real estate investor from Chicago, purchased the building in 2006. The plan was to leave it as a multi-tenant office building for many years, but the recession changed everything. It was agreed that the highest and best use for the building was a conversion to residential. The building conversion was completed in April 2014. Now, a new generation of people call the Medical Arts Building home! Fast forward to October 2024. The apartments are being converted into condominiums and will be sold individually. New owners will continue to enjoy the fantastic location in between the downtown core and The University of Tennessee....
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Home facts
- Year built:1930
- Listing ID #:1289346
- Added:416 day(s) ago
- Updated:March 31, 2026 at 07:11 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:1
- Flooring:Marble
- Basement:Yes
- Living area:2,101 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:1930
- Building area:2,101 sq. ft.
- Lot area:0.49 Acres
- Architectural Style:Historic
- Construction Materials:Block, Brick, Stone
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$989,000
- Price per sq. ft.:$470.73
Parking
- Parking description:Designated Parking, Garage Door Opener, Main Level
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