On offer is a unique opportunity in an increasingly competitive market to purchase a 2-bed, 2-bath condominium at The Pembroke in vibrant downtown Knoxville. Put your stamp on it as your personal residence, or renovate it as an income producer. Located one block from bustling, Historic Market Square, the popular French Market Crêperie, and the Downtown YMCA, and across the street from Knoxville's thriving independent bookstore, Union Avenue Books, and James Beard Award winning chef Joseph Lenn's J.C. Holdway restaurant, the unit is an oasis in the hub of plentiful activity! On the west corner of the 4th floor, the front rooms offer expansive windows, bathing the spaces with natural light. The changing seasons provide different views through the trees' leaf-line throughout the year. The five west-side units in The Pembroke have both front- and rear-facing windows, allowing ample natural light and excellent cross-ventilation. The back bedroom window has a vista of the tower at Church Street United Methodist Church, Neyland Stadium, and on clear days, the mountains in the distance. Both bedrooms feature spacious closets. Additionally, the master bedroom has an en suite bathroom with marble flooring and a walk-in shower; the second bedroom closet includes washer/dryer hook-ups. The hallway that connects the bedrooms contains a linen closet, and a full bathroom with a tub. The unit's living spaces feature a loft-like living and dining room combo, and a galley kitchen and entry closet are to the left as you walk in. With the condo comes a dedicated parking space in the covered garage adjacent the building, connected by a skybridge, as well as the use of the roof-top pool, with its recently updated terrace and grill area. Concierge services also operate in the lobby on weekdays. This unit is being sold as-is, cash preferred, no contingencies, as it needs updating, and a comparable allowance has been made to the listing price. The Pembroke is located in the New Sprankle Building, which was built in the early 1930s and which served as TVA headquarters from 1935 to 1976. The building was converted to residential for the 1982 World's Fair and was formed as a condominium in 1984-5. The building is solidly constructed, with terrazzo floor decks, and with recent replacements of the roofs, the pool deck, and (soon) the lobby, as well as a complete overhaul of the two-car elevator system. NOTE: Buyers' agent commission will be offered.
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