The construction of the Assumption Church in Kungur began in the 1750s. On February 15, 1755, in the presence of Bishop Antoniy of Vyatka and Great Perm, a warm side chapel dedicated to St. Stephen of Great Perm, who was popular in the Kama region, was consecrated. Construction continued for another six years, and on June 16, 1761, the ceremony of consecration of the main cold Assumption Church took place. In 1774, the Minin Church was built nearby on the banks of the Sylva River, but its building has not survived to this day.

The Assumption Church retained its original appearance until the mid-19th century, after which renovations began. With the funds of Kungur merchants K.E. Kuznetsov and V.E. Yukhnev, a second side chapel in honor of the Protection of the Mother of God was built and consecrated on November 4, 1854. Nine years later, reconstruction of the western part and the construction of a new bell tower began. The work was carried out under the guidance of church elder E.S. Zyryanov and according to the project of architect N.N. Chernitsky, and was completed under the supervision of engineer R.I. Karvovsky with M.I. Gribushin in 1871. The new bell tower reached a height of 60 meters and was adorned with a massive spire. By the end of the 19th century, the church was considered the richest in Kungur due to the precious coverings of the icons. In 1910, it was valued at 50,000 rubles along with three iconostases.

During the Soviet era, the Assumption Church, like many religious buildings in Kungur, underwent changes. In 1922, under the pretext of combating hunger, silver and gilded icon coverings were confiscated. In October 1935, the church was closed, and its building was handed over to a driving school for conversion into residential premises. The school director was tasked with dismantling the bell tower and domes. During the Great Patriotic War, the building housed a dormitory for workers of the machine engineering plant evacuated from occupied territories. Later, a children's sports school was opened here.

In 1972, the building of the Assumption Church was included in the list of monuments of urban planning and architecture of the Perm region.