201 Ashley Avenue, Charleston, SC 29403

New Listing
$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: 6/18/2026

Overview

Description

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 ...

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
Listing Office: Keller Williams Realty Charles
Last Updated: June - 18 - 2026
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