The town hall pharmacy is located in the centre of Tallinn, opposite the Town Hall. It is one of the oldest continuously running pharmacies in Europe. It has been in business from the 15 century. It´s also the oldest commercial enterprise and medical establishment in Tallinn. It is not known how old exactly the pharmacy is. Some say it was in 1415, when it opened, some say it was 1422. The first chemist was Johann Molner. It´s known that medicine were being sold at the end of 15^th century.

The Buchart family ran the pharmacy for 10 generations, almost 325 years. When The last Buchart died, the pharmacy was sold to C.R. Lehbert. Presently the main part of the pharmacy is located on the first floor and sells most modern medicines. There is an antiques shop on the ground floor and in 1999 a garlic restaurant called "Balthasar" was opened on the second floor. Near the modern pharmacy on the first floor there is a small museum displaying old medical instruments, historical chemist tools There is also a big Buchart family coat of arms on the wall.