The bedesten is located on the top of the Frourio Hill, the city's ancient acropolis, and was erected in the late 15th century.
[1] The earliest written testimony about its existence is in a register from 1506, where it is listed among the pious foundations of Gazi Ömer Bey.
[2][3] It is an orthogonal building, whose southern, eastern, and western sides are decorated with monumental pointed arches.
[1][2] the 17th-century traveller Evliya Çelebi mentions the building, describing it as a "veritable fortress" and likening it to a citadel.
[2] Prior to the opening of the Diachronic Museum of Larissa in 2015, it was used to house the local Byzantine antiquities collection.