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Welcome to the Ely Building, a masterfully restored architectural gem that seamlessly blends historic charm with contemporary sophistication. This iconic property has been thoughtfully transformed into a stunning, light-filled space that offers both residential and commercial possibilities. The renovation introduced a striking steel staircase with open risers, serving as both a functional access point and a light well that channels natural light from the roof to the basement. This staircase is framed by a slatted white oak screen, creating a cohesive vertical design element that enhances the home's modern aesthetic while paying homage to its historic roots. Inside, the design strikes a perfect balance between elegance and warmth, featuring a refined palette of high-end materials. Wide plank white oak flooring with a natural finish, lacquered white cabinetry with white oak accents, and statuary marble backsplashes create a sophisticated yet timeless atmosphere. Carefully curated lighting and custom finishes add to the property's unique character. A newly designed rooftop terrace offers an exceptional outdoor retreat, ideal for entertaining or private relaxation, with sweeping views of the surrounding cityscape. The Ely Building's flexible layout allows for a variety of uses"”it can serve as a luxurious single-family home, an upscale commercial space, or a hybrid of both, including short-term rental opportunities. The lower level, featuring three exterior access points, provides even more potential for creative configurations such as office space, retail, or a private guest suite. Additionally, the basement can be converted into two separate studio apartments, offering excellent income potential or additional living space. With its rich history, impeccable design, and unmatched versatility, the Ely Building is a rare opportunity to own a piece of architectural history while enjoying modern luxury. Don't miss your chance to experience this extraordinary property firsthand.
LAST UPDATED | 3/21/2025 | TRACT | The Ely Building |
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YEAR BUILT | 1900 | COMMUNITY | Knox County - 1 |
COUNTY | Knox County - 1 | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven |
AREA | Knox County - 1 |
BASEMENT | Finished, Yes |
CONSTRUCTION | Brick |
EXTERIOR | Balcony |
FIREPLACE | Yes |
HEAT | Central, Electric, Natural Gas |
LOT | 2178 sq ft |
LOT DESCRIPTION | Level, Zero Lot Line |
PARKING | On Street, Common |
SEWER | Public Sewer |
STYLE | Historic, Traditional |
SUBDIVISION | The Ely Building |
TAXES | 30478 |
VIEW | Yes |
VIEW DESCRIPTION | City |
SATELLITE VIEW |
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The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2025. All rights reserved.
This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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