It was built in 1880 and is a three-story rectangular, stucco coated building with a five bay facade.

It features a deep mansard roof enclosing the third floor and covered in slate in the Second Empire style.

[2] A barber shop has operated in the same location on the first floor of the Exchange Building for over 100 years.

Klondike Kate's, a restaurant, occupies the rest of the ground floor.

This article about a property in Delaware on the National Register of Historic Places is a stub.