The Sterchi Building located at 116 S Gay Street was originally the headquarters for Sterchi Brothers Furniture which at one point served as the largest wholesale furniture center in the world. In 2002 the building was renovated into 100 modern, loft apartments ranging from studio to four-bedroom units and underwent another renovation from 2016-2021. The latest conversion consisted of several significant upgrades including: - energy efficient ''Samsung'' appliances - modern ''Carrier'' HVAC units - designer-quality light fixtures - quartz countertops - stainless-steel sinks - new plumbing fixtures and Roca (Spanish) tile in the showers and tub surrounds. This stunning 9th floor condo, located just below the Penthouse level, features towering views of the city, an open floorplan, wide hallways including a gorgeous marble like mural that spans floor to ceiling in the main entryway, and luxury vinyl plank in the bedrooms. It was further renovated with upgraded closet space, wall sconces, and roll up window shades and screens in the living area. Enjoy panoramic views of the city skyline and the Great Smokey Mountains from the 10th floor rooftop deck as well as 24/7 access to the fully equipped gym. Located just a short walk to award winning restaurants, art galleries, shops and entertainment, Sterchi Lofts is also conveniently located near the University of Tennessee, Lincoln Memorial University and the new baseball stadium scheduled to open 2025. The condo is rented out through May of this year at $2745.00 per month and the current lease would transfer to the new owners. Optional in building storage and off-street parking is available to rent separately. Due to the unit being occupied, a minimum 24 hours' notice is required for showing requests. Don't miss this opportunity to join the thriving downtown community and schedule your showing today! Buyer to verify sq ft, taxes and HOA fees.