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MLS# 30356148 | Charleston Commercial Sales
  • $2,165,000
    No Recent Price Change
  • 201 Ashley Ave
    Charleston, SC 29403
N/APrice per SqFt
170Days on Market
1832Year Built
460-11-04-005Tax ID
  • MLS# 30356148
  • Commercial Sales
  • Hospitality
  • Sold

AreaHistoric Charleston

Agent Remarks

Circa 1832, the Ashley Inn was constructed by Alexander Back, an inventor of rice and cotton processing equipment. Located in the heart of the Peninsula on the southern edge of Cannonborough in the short-term rental overlay, and just steps from MUSC, this beautiful 9 room Bed & Breakfast property features 7 guest rooms with accompanying baths and 1 half bath in the main structure and 2 guest rooms and 1.5 bathrooms in the charming carriage house located to the rear. The main house boasts wide wrap-around piazzas on both floors as well as original plaster crown moldings, plaster medallions, and heart pine flooring throughout. The original granite fireplace mantels, pocket doors, and 12-foot ceilings further add to the property’s historic charm. There are 9 off-street parking spaces on-site accessed via a private tabby drive from Bee Street. Since the property is zoned for a Limited Business use and is located within the Short-Term Rental Overlay, the property can potentially be purchased and managed by an off-site owner differentiating it from other, traditional Bed & Breakfast properties in the City. The Inn currently maintains solid occupancy and steady nightly rates with room to grow with further updating. The property is being sold furnished will original four-poster beds, chandeliers/light fixtures, and all furnishings. Copies of current and previous Profit & Loss statements are available by request.

Sale Info

Listing Date: 01-31-2019

Sold Date: 01-31-2019

Listing Sold: 
    5 month, 19 days ago

Asking Price: $2,165,000

Selling Price: $2,165,000

Price Difference: 
Same as list price


Sale Price Max Total:  $2,250,000

Sale Price Min:  $2,250,000

Sale Price Min Total:  $2,250,000

Tax Id:  460-11-04-005

Lot Info

Acres:  0

Landsize Min:  0

Landsize Units:  Acre

Property Info

County:  Charleston

Location Public:  1

Property Status:  Existing

Property Subtype:  Bed Breakfast, Hotel, Inn, Vacation Rentals

Class Type:  Hospitality

Location:  Historic Inn / STR / B & B Close to MUSC

Numberunits:  8

SqFt Info

Sqft:  0

Courtesy of listing office The Boulevard Company, LLC 

Mortgage Calculator

Dollars per $1000
Approximate Monthly Payment 0.0
On since Thu, Jan 31st 2019
No Property History recorded for this listing.
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 07-20-2019 10:01 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2019 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2019 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 07-20-2019 10:01 PM EST est.

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