603 W Main St Unit 103 Knoxville, TN 37902
Downtown Knoxville NeighborhoodEstimated payment $6,814/month
Highlights
- City View
- 0.49 Acre Lot
- Main Floor Primary Bedroom
- Sequoyah Elementary School Rated A-
- Marble Flooring
- Corner Lot
About This Home
''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.
Home Details
Home Type
- Single Family
Year Built
- Built in 1930
Lot Details
- 0.49 Acre Lot
- Corner Lot
- Historic Home
HOA Fees
- $638 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Block Foundation
- Cement Siding
- Stone Siding
- Masonry
Interior Spaces
- 2,101 Sq Ft Home
- Ceiling Fan
- Great Room
- Formal Dining Room
- Open Floorplan
- Storage
- Marble Flooring
- City Views
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Main Floor Bedroom
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- Parking Available
- Garage Door Opener
- Assigned Parking
Additional Features
- Handicap Accessible
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 094MD004
Community Details
Overview
- Association fees include association insurance, building exterior, grounds maintenance, pest control, trash, security, some amenities, fire protection, sewer
- Medical Arts Building Condominium Subdivision
- Mandatory home owners association
Amenities
- Elevator
- Community Storage Space
Additional Features
- Security
- Security Service
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $989,000 | 0.0% | $471 / Sq Ft |
| 10/24/2025 10/24/25 | Pending | -- | -- | -- |
| 08/27/2025 08/27/25 | Price Changed | $989,000 | -1.0% | $471 / Sq Ft |
| 02/27/2025 02/27/25 | Price Changed | $999,000 | -4.9% | $475 / Sq Ft |
| 02/07/2025 02/07/25 | For Sale | $1,050,000 | -- | $500 / Sq Ft |
Source: East Tennessee REALTORS® MLS
MLS Number: 1289346
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