This representative building with one-storey was built at the beginning of the 20th century in the place of an old house owned by the Ioan Poynár family (Pojnar, Poinar). The old house in the heart of the city was designed for commerce, being divided to accommodate several shops: a tailoring shop, a delicatessen, a stationery and a bookstore.
The building is at the intersection between the King Ferdinand I Square and Grigorescu Street (Mészáros).
It is one of the palaces designed and built in secession style at the beginning of the 20th century, began in 1907, completed in 1911 by the famous architect Sztarill Ferenc.
The estate commissioner, Ioan Poynár, was part of the city council and director of the Oradea tobacco warehouse (state monopoly) from Oradea.
Since it was put in use, the Poynár House, as we know it today, accommodated rental and commercial premises, such as the Koch brothers’ men’s clothing store, at the mezzanine a locally produced furniture store and Kovács Gyula’s dentist practice. After World War II and
until 2004, the ground floor of the building hosted the largest bookstore in town, initially called the People’s Will Bookstore, the Pushkin Bookstore and then, Mihai Eminescu Bookstore. At present there is a pharmacy, and apartments upstairs.