It was built in 1871 by Artemy Tereshchenko, a sugar baron of the wealthy Tereshchenko family of entrepreneurs who owned the Andrushivka Sugar Factory.
It is a brick palace set in a park, built in the style of French Renaissance Revival architecture.
[1] On 25 January 1919 a meeting was held here by the Volyn Revolutionary Committee, and in June 1920 in these walls housed the headquarters of the First Mounted Army.
[1] On one of the palace's balconies, the Soviet Commander addressed citizens of Andrushivka in a memorable speech.
[1] The interior has the original marble stairs, and the remains of the ancient Greek style ornament on the wall.