FOR SALE
$319,000

603 West Main St Unit 503
Knoxville, TN 37902

1
Bedrooms
1
Baths
507
Sqft
0.49
Acres
3
Days on Market
$630
Price Per Sqft.
HOA
$155 Month
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Property Description

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!

603 West Main St Unit 503 is a property for sale for $319,000 in The Medical Arts Building Neighborhood located in Knoxville, TN 37902 and is part of Knox County, TN . This home is 507 square feet and is located on a 0.49 acre lot and features 1 bedrooms and 1 bathrooms .

Listing Provided By: Melinda Grimac, Alliance Sotheby's International 8653573232 Source: East Tennessee Realtors MLS#: 1323357

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Property Information
View
City View
Rooms Total
3
0.49 Acres
Zip Code
37902
Water
Public Water
Lot Features
Corner Lot
Year Built
1930
Unit Number
503
Location Information
State
TN
County
Knox County
City
Knoxville
Neighborhood
The Medical Arts Building
Building Information
1 Bedroom
1 Full Bathroom
Construction Materials
Stone, Brick, Block
Architectural Style
Historical Style
Interior Features
Dishwasher
Disposal
Dryer
Microwave
Electric Range
Refrigerator
Washer
Floor Types
Tile Flooring
Security Features
Smoke Detector
Eat In
General Information
Total Living Square Footage
507
Exterior Features
Window Types
Windows - Wood, Windows - Insulated
Garage & Parking Information
Parking Information
Attached Garage
Utility Information
Cooling
Central Cooling, Ceiling Fans
Heating Type
Central Electric Heat, Electric Heat
Sewer
Sewer
Community & HOA
Home Owners Association
$155.16/Monthly Association Fee
HOA Amentities
Elevator, Security

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603 West Main St Unit 503
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603 West Main St Unit 503 is a property for sale for $319,000 in The Medical Arts Building Neighborhood located in Knoxville, TN 37902 and is part of Knox County, TN . This home is 507 square feet and is located on a 0.49 acre lot and features 1 bedrooms and 1 bathrooms . Nearby schools include , , and . This address can also be written as 603 West Main St Unit 503, Knoxville, TN 37902. This home has been listed on BoldPorch since Dec 03, 2025 BoldPorch last checked and updated this listing on Dec 03, 2025 at 2:32am UTC .