[1] It is situated between Lille Torv and Aarhus Cathedral, shaped as an elongated triangle.

The square is home to many notable buildings including the dominating cathedral and is frequently host to cultural events.

In the first centuries the street was known as Torvegaden (The Square-street) and functioned as a connection between Immervad and the cathedral through Lille Torv.

The location was convenient due to its proximity to the jailhouse beneath the city hall.

Store Torv was also used for official celebrations such as the king's birthday or New Year's Eve.