The inn is believed to have been commissioned by Piyalezade Hacı Mehmet Ağa during the early 18th century. It is located on Anafartalar Avenue, between streets 920 and 920/1. Approximately 80 meters in depth, the facade of the inn is constructed in two layers of stone and brick. The original design had 23 rooms. The rooms closer to the entrance were made out of stone masonry while those in the back were built of wood.
Once storing, exhibiting and selling goods from the Inner Aegean, the Inn was transformed into a bus station along with other inns in the area as motor vehicles became widespread in the third quarter of the 20th century. When a new bus station was constructed in Basmane, the inn once again fell from popularity and currently houses gift shops and coffee houses.