[6] Its first institutional premises were located in some apartments on the upper floors of the Hotel del Universo on the corner of the Portal de San Agustín with Lártiga St., whose owner was the French citizen Estanislao Courtheoux,.

In this place, the members of the club were eyewitnesses of the Gutiérrez brothers' attempted coup d'état in 1872 and after the events of the War of the Pacific and the Chilean occupation of Lima.

Likewise, the club was the main meeting place for the twenty-four friends, an oligarchy group belonging to the Civilista Party that led the country during a historical period known as the Aristocratic Republic.

[12] The current premises of the club were built next to the Teatro Colón and on the site of a small square called the Plaza de la Micheo located between the old streets of Belén and Iturrizaga,[13] whose land today forms part of Plaza San Martín, one of the main squares of the historic centre of Lima inaugurated by President Augusto B. Leguía in 1921 during the celebrations for the Centennial of the Independence of Peru.

[15] In front of this place, the director of the newspaper El Comercio, Antonio Miró Quesada de la Guerra, was murdered in 1935 together with his wife María Laos Argüelles by a young Aprista, when they were both walking from the Hotel Bolívar to have lunch at the club.