[1] The guild house's earliest recorded history dates back to 1383, when 18 individuals bought a building on the land where it now stands.

The historical American Van Leer family traces their roots to ancestors who were members of the Saffran guild.

[3][4] The current building is situated on the Limmat River's right bank in the immediate neighborhood of the Grossmünster church, the Rathaus, Zürich, and the Haus Zum Rüden.

[5] The guild house is referenced in the book Das Zürcher Zunftwesen by Markus Brühlmeier and Beat Frei.

Currently, as of January 11, 2016, the building serves as a dinner hall and is open Sunday through Saturday from 7 A.M. to 12 P.M. local time.