This is a significant object in the city of Molėtai, which survived at least two fires that devastated the city and has remained to this day. In the 19th and early 20th centuries, most of the inhabitants of Molėtai were Jewish people. In 1870, they made up two-thirds of the town's population. Almost all trade was in their hands. A red brick building has been preserved in the center of Molėtai until today. Until 1940, private Jewish shops operated here, and there were residential apartments on the second floor. Now there are many different shops and a pizzeria in the building.