This study aimed to identify weathering factors and to assess the conservation environment through microclimatic analysis of Hyeonpung Seokbinggo (ice-storing stone warehouse). The stone blocks inside Seokbinggo suffered crack, displacement, break-out, exfoliation, efflorescence, brown and black discoloration, and biological colonization. Biological colonization represented the maximum deterioration rate(24%) among those weathering forms. The indoor microclimate showed parallel patterns with outdoor one, but the indoor temperature and relative humidity ranged far narrower than outdoor and remained steady. The environmental characteristics resulted from blocking-out of outdoor heat by the closed entrance and surrounding microtopography. This prevented water condensation and freezing effects, so that it reduced physical deterioration of rock, and maximized ice-storing effect for long time. However, contrary to positive effect, extremely high relative humidity over 99% accelerated biological colonization inside the Seokbinggo.