603 W Main St
Knoxville, TN 37902
- 2 beds
- 2 baths
- 981 sqft
- 15,373 sqft lot
- $574 per sqft
- 1930 build
- – on site
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. All units are conveyed with a washer/dryer set and all major kitchen appliances. Tile flooring, remodeled bathrooms, granite countertops, stainless steel appliances in the open kitchens, and plenty of natural light create a comfortable living area. Unit sizes vary from 515 square feet to 2,101 square feet. No short-term rentals are permitted. The minimum lease term will be 180 days. The MAB, 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. Owners will have the opportunity to purchase parking in the private, interior 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 MAB 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!
Last checked:
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Last updated Nov 14, 2024
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MLS# 1279780 —
The Building
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Year Built:1930
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New Construction:No
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Construction Materials:Stone, Other, Brick, Block
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Architectural Style:Other, Historic
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Direction Faces:None
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Roof:None
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Stories:None
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Stories Total:None
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Basement:Other
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Exterior Features:Windows - Wood
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Patio & Porch Features:None
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Accessibility Features:None
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Building Area Total:981.0
Interior
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Interior Features:Breakfast Bar, Eat-in Kitchen
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Flooring:Tile
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Fireplace:No
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Fireplace Features:None, Other
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Location
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Directions:Property is on the corner of Main St and Locust St downtown Knoxville. Street parking is available.
The Property
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Parcel Number:094MD004
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Property Type:Single Family
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Property Subtype:Condominium
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Lot Features:Corner Lot
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Lot Size Area:0.49
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Lot Size Acres:0.49
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Lot Size Dimensions:74.33 x 206.83 x IRR
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Lot Size SqFt:15373.67
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Lot Size Units:Acres
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Lot Size Source:Other
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Zoning:None
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Zoning Description:None
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Current Use:None
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Possible Use:None
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Topography:None
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Fencing:None
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Waterfront:No
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Water Body Name:None
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Road Frontage Type:None
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Property Attached:true
Listing Agent
- Contact info:
- Office phone:
- (865) 357-3232
Taxes
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Tax Annual Amount:None
Beds
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Bedrooms Total:2
Baths
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Total Baths:2.0
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Total Baths:2
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Three Quarter Baths:None
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Full Baths:2
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Central, Electric
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Heating:true
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Cooling:Central Cooling, Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:None
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Electric:None
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer, Other
Schools
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Elementary School:None
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Elementary School District:None
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Middle Or Jr High School District:None
The Community
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Subdivision Name:The Medical Arts Building
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Senior Community:No
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Pool Private:No
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Pool Features:None
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Spa Features:None
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View:Mountain View, City, Lake
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Pets Allowed:None
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Association Amenities:Elevator(s), Storage
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Association:true
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Association Fee Includes:Fire Protection, Building Exterior, Association Ins, Security, Grounds Maintenance, Pest Contract
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Association Fee Frequency:Monthly
Parking
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Attached Garage:true
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Parking Features:Attached, Other
Monthly cost estimate
Asking price
$564,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,020
|
| Taxes | N/A |
| Insurance | $155 |
| Utilities | $128 See report |
| Total | $3,303/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/17/24
Oct 17, 2024
|
Listed / Active | KAARMLS | $564,000 |
