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Historic Boutique Inn with Carriage House
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201 Ashley Avenue, Charleston, SC 29403

Turnkey historic hospitality property with eight accommodations, including a legal short-term rental carriage house and onsite parking.

Property Size4,020 SF
Price / SF$1,430
Days on Market54

Property Features for 201 Ashley Avenue

General Information

Standard status Active
Size 4,020 SF
Total Parking Spaces 9
Property subtype Hospitality, Multifamily
Zoning City of Charleston - LB - Limited Business

Additional Details

Business Included Yes

Building Details

Year Built 1852
Stories 3
Listing Agency: KW Commercial Charleston-West Ashley
Listed By: Jonathan Holt · License #SC 46092
Source: Crexi
Added: Jun 19 Changed: Aug 8 Last Checked: Aug 10 at 1:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Charleston-West Ashley

Investment Insights

Based on property information with market context.

The Ashley Inn is a fully renovated historic boutique lodging property originally constructed in 1852 as a Greek Revival Charleston Single House. The main residence features seven ensuite guest rooms, complemented by preserved period craftsmanship and modern comfort. Interior highlights noted in the property description include original heart pine floors, intricate millwork, oversized pocket doors, and soaring ceilings. Along the length of the home, signature Charleston double piazzas provide shaded outdoor living space overlooking the historic streetscape. A standout amenity is the Speakeasy Suite, where an historic underground cistern has been transformed into a private lounge for guests.

An additional separate carriage house includes two bedrooms and two baths and is described as a legal, active short-term rental. The property is positioned in downtown Charleston, with guests described as within walking distance of restaurants, shopping districts, museums, medical centers, and historic attractions. Onsite parking is also identified as a feature.

Designed for flexibility, The Ashley Inn supports continued boutique bed-and-breakfast operation and can also be used as a hospitality-focused investment with a mix of main-house guest accommodations and a separate short-term rental unit. The combination of historic character, turnkey setup, and an onsite parking advantage makes the property relevant for owners seeking to operate or manage lodging in a walkable downtown setting.

Key Highlights

  • Year built 1852: Greek Revival Charleston Single House originally constructed by William Lebby.
  • Turnkey boutique lodging property with 8 guest accommodations across the main residence and carriage house.
  • Main house includes 7 ensuite guest rooms with original heart pine floors and preserved period craftsmanship.

Property Analytics

Current Use

The Ashley Hotel & Motel

Suggested Use

Top Pick Electrical Service Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Locksmith Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby
Balanced
Demand for This Use

Demographics for 29403, SC

21,363
Population
13,013
Households
1.6
Avg Household Size
30
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
3,956
Density / Sq Mi
$65,689
Median Household Income
$43,421
Median Earnings
$1,658
Median Rent
$624,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Bed & breakfast - Turnkey historic hospitality property with eight accommodations, including a legal short-term rental carriage house and onsite parking.
Where is this bed & breakfast located?
The property is located at 201 Ashley Avenue Charleston, SC.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Year built 1852: Greek Revival Charleston Single House originally constructed by William Lebby.; Turnkey boutique lodging property with 8 guest accommodations across the main residence and carriage house.; Main house includes 7 ensuite guest rooms with original heart pine floors and preserved period craftsmanship.
(843) 823-4078 Call to check price and availability
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