#305811, Listing Office: Tennessee Elite Realty
603 W Main St Unit 103 Knoxville, TN 37902
Property details
About 603 W Main St Unit 103
''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 convenient direct unit access to two parking spaces right outside their door. 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.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
- Basement: No
- Flooring Type: Other, Marble
- Interior: Island in Kitchen, Pantry, Eat-in Kitchen
- Fireplace: None
- Total Bedroom Count: 1
- Attached Garage: No
- Parking: Garage Door Opener, Designated Parking, Main Level, Other
- View: Other, City
- Architectural Style: Other, Historic
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $999,000
- Price/SqFt: $475
- HOA Amount: $637
- HOA Frequency: Monthly
- Lot: Corner Lot
- Directions: Property is on the corner of Main St and Locust St downtown Knoxville. Street parking is available.
- Year Built: 1930
- Living Area: 2,101 SqFt
- Lot Size: 0.49 Acres
- MLS Number: 1289346
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Alliance Sotheby's Internation
- Office Phone: (865) 357-3232
- Office Email: debbieelliottsexton@gmail.com
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$999,000
603 W Main St Unit 103
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Price information
Property sales
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Tax history
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Nearby schools
7
South Knox Elementary School
Public District PK-5
0.7 mi
•801 Sevier Ave
2
Green Magnet Academy
Public Magnet KG-5
0.7 mi
•801 Lula Powell Dr
3
Maynard Elementary School
Public District PK-5
1.2 mi
•737 College St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,647. The majority of Knoxville, TN residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 603 W Main St Unit 103
The listing price of 603 W Main St Unit 103 property is $999,000.
The property 603 W Main St Unit 103 is a condo located in Knoxville, Tennessee, 37902.
Active Listing: 603 W Main St Unit 103 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 603 W Main St Unit 103 are: South Knox Elementary School (GreatSchools Rating 7/10), Green Magnet Academy (GreatSchools Rating 2/10), Maynard Elementary School (GreatSchools Rating 3/10), Emerald Academy (GreatSchools Rating 4/10), Vine Magnet Middle School (GreatSchools Rating 2/10), South-Doyle Middle School (GreatSchools Rating 4/10), L N STEM Academy (GreatSchools Rating 9/10), Fulton High School (GreatSchools Rating 3/10), Austin-East Magnet High School (GreatSchools Rating 2/10).
The property at 603 W Main St Unit 103 has 1 bedroom and 1 full and 1 half bathrooms.
The property 603 W Main St Unit 103 is 2,101 SqFt (source: MLS/tax record).
The year of construction for 603 W Main St Unit 103 is 1930.
This home is located at 603 W Main St Unit 103 in Knoxville, TN and zip code 37902 in the Downtown neighborhood. This 2,101 square foot home, which was built in 1930, sits on a 0.49 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $999,000.
Knoxville, TN housing market in April 2025 saw over 100 listings sold above listed price, more than 106 sold at listed price and over 216 sold below. Between March and April 2025, Knoxville, TN real estate market has seen increase in the number of listings by 6.5%. Listings spent 42 days on the market in April 2025, and had a median list price of $384,666 during the same period.