The inn, originally located at Fischerstraße 21, was built either in 1505 or in 1705, according to different interpretations of the inscription over the cellar entrance. It was named for the nut tree which formerly stood outside it and was one of the oldest drinking establishments in the city. It was popular with tourists and had been frequented and depicted by artists such as Heinrich Zille and Otto Nagel.
The inn was destroyed in an Allied air-raid in 1943, along with most of the surrounding area. It was recreated in 1987 in the nearby Nikolaiviertel as part of the East German creation of a tourist old town there. It is adjacent to the Nikolaikirche (St. Nicholas' Church).
^Günter Stahn, Das Nikolaiviertel, Berlin: Verlag für Bauwesen, 1991, ISBN9783345004179, p. 49(in German)
^Maria Berning et al., ed. Michael Braum, Berliner Wohnquartiere: ein Führer durch 70 Siedlungen, 3rd ed. Berlin: Reimer, 2003, ISBN9783496012603, p. 352(in German)
^Wieland Giebel, Berlin, tr. Jane Michael-Rushmer and Wendy Reed, Insight Guides, Boston: Houghton-Mifflin, 1994, ISBN9780395662762, p. 147 [1].