On the right bank of the Nišava river, close to what is locally known as the concrete bridge, there is a one-story building with a garret built by Hrant Mumdžijan, a textile industrialist. The building was commissioned for his family and built in 1931, in the vicinity of his scarf factory. The architect is unknown.

It is a developed layout building, with a dynamic spatial design and an architecture which is not clearly defined in terms of style. The glazed porch with three sections was constructed in the spirit of the Neo-Renaissance, according to the finish of the arches and the balustrade above it. The roof has a garret, resembling French villas. The main entrance is formed by four pairs of columns and a balcony, along with a balustrade. There are shallow façade plastics in geometric forms on the façade , and there are also cornices, the most prominent of which is the top one.

After WWII, the building was nationalized and used mostly by youth organizations.

For the citizens of Niš, this structure is of great importance, as it housed the Consulate of the Republic of Greece starting from September 4, 1998. It was the first diplomatic mission outside of Belgrade in the recent history of Serbia. 

After the termination of the consulate operation, it housed various city institutions.