The one-storey building originally dates back to the 15th century and was extended in the 16th century. The entrance of the courtyard is guarded by two stone lions from the Roman period. It was formerly built as the central seat of the Szászsebes Seat, a Saxon administrative unit in Szászsebes. During the time of the Principality of Transylvania, it was the residence of the princes and the place of the country assemblies.
It now houses the Ioan Raica Museum with exhibitions of books, city history, fine arts, Romanian and Saxon folk art.