The building was erected in 1908, following the plans by architects Alberto Cruz Montt and Larraín Bravo, for Eduardo Íñiguez.
The design of this palace boasts a French neo-classical style. The ground level featured an open floor plan for commercial use while the first floor had double height residences.
At present, the ground floor is taken up by the Café Torres, founded in 1879 by José Domingo Torres. This café started out on Ahumada, on the corner with Huérfanos, and at the turn of the century, was moved to its present location.
In 1910, the Vice President of the Republic, Emiliano Figueroa, on the occasion of the celebration of the Centenary of the Independence of Chile, paid homage to the Diplomatic Corps in this café, because of its classy style and elegant finishes.
Avenida Libertador Bernardo O'Higgins, 1570, Santiago.