201 Ashley Avenue, Charleston, SC 29403
$5,750,000
Property Type:
Commercial Sale
Square Footage:
4,020
Status:
Active
Current Price:
$5,750,000
List Date:
6/18/2026
Last Modified:
6/29/2026
Overview
Description
...
(Read more)
A rare opportunity to own one of Charleston's most distinctive hospitality properties, The Ashley Inn seamlessly blends historic grandeur, modern luxury, and proven income-producing potential in the heart of downtown Charleston. Originally constructed in 1852 as a magnificent Greek Revival Charleston Single House by prominent machinist and industrialist William Lebby, this meticulously restored landmark showcases nearly two centuries of Charleston history while offering today's most sought-after conveniences. Following an extensive renovation and restoration, The Ashley Inn stands as a turnkey boutique lodging property featuring eight beautifully appointed guest accommodations across the main residence and carriage house. The main house offers seven ensuite guest rooms, each thoughtfully designed to honor the property's historic character while providing modern comfort. Rich architectural details, including original heart pine floors, intricate millwork, oversized pocket doors, soaring ceilings, and preserved period craftsmanship, create an atmosphere that is both elegant and inviting. Signature Charleston double piazzas stretch the full length of the home, offering guests the quintessential Lowcountry experience with shaded outdoor living spaces overlooking the historic streetscape. One of the property's most captivating features is the renowned Speakeasy Suite, where a historic underground cistern has been transformed into a one-of-a-kind private lounge, creating an unforgettable guest experience unlike any other in Charleston. Complementing the main inn is a separate carriage house featuring two bedrooms and two baths, operating as a legal, active short-term rental. Complete with its own living spaces and amenities, the carriage house provides exceptional flexibility for continued hospitality operations, owner occupancy, or additional rental income. The Ashley Inn's premier location places guests within walking distance of Charleston's celebrated restaurants, shopping districts, museums, medical centers, and historic attractions. Rare onsite parking further enhances the property's appeal, an increasingly valuable amenity in downtown Charleston. This is a great value add opportunity to add a pool and further increase the income. Whether envisioned as a continued boutique bed-and-breakfast operation, a luxury hospitality investment, an event venue, or a grand private residence with income-producing accommodations, The Ashley Inn represents an extraordinary opportunity to acquire a fully renovated historic property with unmatched character, exceptional versatility, and an irreplaceable presence in one of the South's most coveted destinations.
Listing Details MLS# 31008838
Location
- Street Number
- 201
- Street Name
- Ashley
- Street Suffix
- Avenue
- County
- Charleston
- Nearest MSA
- Charleston-North Charleston, SC
- Submarket/Township
- 51 - Peninsula Charleston Inside of Crosstown
- State or Province
- SC
- Postal Code
- 29403
- Parcel Number
- 4601104005
- Opportunity Zone
- No
General Information
- Property Sub Type
- Hospitality
- Secondary Sub-Type
- Multi Family
- Listing Name
- The Ashley Inn, 201 Ashley Ave - Boutique Inn Acquisition Opportunity
- Property Condition
- Updated/Remodeled
- Rooms Total
- 8
- Building Area Total
- 4020
- Zoning
- City of Charleston - LB - Limited Business
- Property Visibility
- Excellent
- List Price/SqFt
- 1430.35
- Opt In to Crexi?
- Yes
Contract Information
- Listing Contract Date
- 2026-06-18
- Original List Price
- 5750000
- Tax Legal Description
- 201 Ashley Ave And Bee
Building Related
- General Condition
- Excellent
- Stories Total
- 3
- Year Built
- 1852
- Year Renovated
- 2022
- Parking Total
- 9
- Number Of Buildings
- 2
Land Related
- Part of Planned Development?
- No
- In Flood Plain?
- No
Financials
- Tax Assessed Value
- 192770
More Information
Status Change Info
- Status Change Date
- 2026-06-18
Auction Details
- Auction
- No
Business Details
- Business Name
- The Ashley Inn
Building Detail
- Building Name
- The Ashley Inn
Directions & Remarks
- Directions
- From 17N towards downtown, continue onto Cannon Street then turn Right onto President Street. Turn Left onto Bee Street, parking lot will be on your left. Property is located at the corner of Ashley Ave and Bee Street.
- Public Remarks
- A rare opportunity to own one of Charleston's most distinctive hospitality properties, The Ashley Inn seamlessly blends historic grandeur, modern luxury, and proven income-producing potential in the heart of downtown Charleston. Originally constructed in 1852 as a magnificent Greek Revival Charleston Single House by prominent machinist and industrialist William Lebby, this meticulously restored landmark showcases nearly two centuries of Charleston history while offering today's most sought-after conveniences. Following an extensive renovation and restoration, The Ashley Inn stands as a turnkey boutique lodging property featuring eight beautifully appointed guest accommodations across the main residence and carriage house. The main house offers seven ensuite guest rooms, each thoughtfully designed to honor the property's historic character while providing modern comfort. Rich architectural details, including original heart pine floors, intricate millwork, oversized pocket doors, soaring ceilings, and preserved period craftsmanship, create an atmosphere that is both elegant and inviting. Signature Charleston double piazzas stretch the full length of the home, offering guests the quintessential Lowcountry experience with shaded outdoor living spaces overlooking the historic streetscape. One of the property's most captivating features is the renowned Speakeasy Suite, where a historic underground cistern has been transformed into a one-of-a-kind private lounge, creating an unforgettable guest experience unlike any other in Charleston. Complementing the main inn is a separate carriage house featuring two bedrooms and two baths, operating as a legal, active short-term rental. Complete with its own living spaces and amenities, the carriage house provides exceptional flexibility for continued hospitality operations, owner occupancy, or additional rental income. The Ashley Inn's premier location places guests within walking distance of Charleston's celebrated restaurants, shopping districts, museums, medical centers, and historic attractions. Rare onsite parking further enhances the property's appeal, an increasingly valuable amenity in downtown Charleston. This is a great value add opportunity to add a pool and further increase the income. Whether envisioned as a continued boutique bed-and-breakfast operation, a luxury hospitality investment, an event venue, or a grand private residence with income-producing accommodations, The Ashley Inn represents an extraordinary opportunity to acquire a fully renovated historic property with unmatched character, exceptional versatility, and an irreplaceable presence in one of the South's most coveted destinations.
Property Sub Type
- Hospitality
- Yes
- Multi Family
- Yes
Roof
- Asphalt
- Yes
Current Use
- Bed & Breakfast
- Yes
- Hospitality
- Yes
- Inn
- Yes
- Vacation/Resort
- Yes
Structure Type
- Duplex
- Yes
- Multi Family
- Yes
Association Amenities
- Trash
- Yes
Retail Clientele
- Business
- Yes
- Family
- Yes
- General
- Yes
- Recreation
- Yes
- Tourist
- Yes
- Traveler
- Yes
Construction Materials
- Wood Siding
- Yes
Parking Type
- Surface
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Cooling
- Central Air
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Property Features
Property Sub Type:
Hospitality; Multi Family
Current Use:
Bed & Breakfast; Hospitality; Inn; Vacation/Resort
Structure Type:
Duplex; Multi Family
Association Amenities:
Trash
Retail Clientele:
Business; Family; General; Recreation; Tourist; Traveler
Roof:
Asphalt
Construction Materials:
Wood Siding
Parking Type:
Surface
Heating:
Central; Electric
Cooling:
Central Air
Road Frontage Type:
City Street
Road Surface Type:
Asphalt
Water Source:
Public
Sewer:
Public Sewer
Listing Terms:
Cash; Conventional
Documents
Listing Office:
Keller Williams Realty Charles
Last Updated: June - 29 - 2026
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