The stone church of Paraskeva Friday on Tugova Mountain was built in 1691. The city had three churches dedicated to the great martyr Paraskeva Friday, each named after its location. The Friday-Tugovskaya church is named after a small elevation, Tugova Mountain, associated with a local legend about the battle of Yaroslavl residents against the Tatars in 1257, in which many inhabitants, including Prince Konstantin, perished. According to legend, a chapel first appeared at the site of the prince's death, followed by a wooden church. The earliest documentary mentions of wooden churches at this site date back to 1628. The wooden Friday church's chapel was dedicated to Florus and Laurus, the patrons of horses, which relates to the main occupation of the local residents. In 1662, a wooden church dedicated to these saints was built in the parish, but there is no further information about it.

The stone church of Paraskeva Friday replaced two wooden churches and had a warm chapel of the Annunciation of the Mother of God located in the refectory. It was believed that the altar of this church was the most accurately oriented to the east among all Yaroslavl churches. In the 19th century, the church was adorned with paintings, and in 1836, a new single-tier iconostasis was made for the Annunciation chapel. In 1869, the church was completely converted to a warm one.

Since ancient times, a cemetery was located on Tugova Mountain, which in 1772 remained one of the three permitted in the city. Many famous Yaroslavl residents are buried here, including the grave of Apollinary Platonovich Krylov at the entrance to the church. Part of the Danilkov old-believer cemetery has been preserved near the Friday church. The parish of the Friday church operated a charity, a church school founded in 1891, and an almshouse for ten clergy, established in 1880 in memory of Archbishop Ioanniki by his brother G. S. Gorsky. By the early 20th century, the number of parishioners exceeded 1,000. Interestingly, the territory of Tugova Mountain was included within the city limits only during the Soviet era. The church of Paraskeva Friday was closed in 1937, shortly after its dome was removed, and later the bell tower was dismantled. In 1991, the church was handed over to the diocese, and on October 28, the feast day, the 300th anniversary of the church was celebrated. The first two winters, the building was heated with stoves made from 200-liter barrels, but thanks to the efforts of the parishioners, the church gradually improved. In 1993, Archbishop Platon consecrated the main altar; by this time, the iconostasis had been installed, and by 1996, the Annunciation chapel was restored, consecrated by Bishop Mikhey. By the 750th anniversary of the battle on Tugova Mountain, the church was returned to its former appearance, restoring the bell tower that had been destroyed in 1938 based on old photographs. Every year on July 3, Tugova Mountain Day is celebrated with a procession from the Friday church, during which the revered icons of the restored church are carried out.