[2] On the north side is the renovated building of the Alte Nikolaischule (in English: Old school St. Nicholas) with the Museum of Antiquities of Leipzig University, a Richard Wagner museum considering his childhood and youth[3] and the Gasthaus Alte Nikolaischule, with outdoor seating in the summer.

The view of the Nikolaikirchhof is limited to the east on Ritterstrasse by the university guest house on the site of the former booksellers' exchange (Buchhändlerbörse) and the Geschwister-Scholl-Haus, and to the west on Nikolaistrasse by Specks Hof and the Motel One.

[5] With St. Nicholas Church as the center, it formed another settlement focus in early Leipzig, which was a little further to the southeast than the "Urbs Lipzi".

The St. Nicholas Church Square acquired particular importance in connection with the events of the Peaceful Revolution of 1989 in Leipzig.

[1] In view of its importance for the peaceful revolution of 1989, several memorial monuments were erected in the St. Nicholas Church Square.

[12] The column includes a memorial plaque embedded in the pavement of the square, also made by Brille, with the inscription “09 OCTOBER 1989” and numerous shoe prints depicting the demonstration.

[14] A bowl made of granite from Lausitz with a diameter of 3.3 m (10.8 ft) filled to the brim with water symbolizes the political situation in the GDR in 1989, in which “every drop could be the last straw”.