This building was constructed in 1911-1912 by architect Konstantin Guskov for rich Ufa merchant Ivan Ivanov. Already in 1916 the former trading house of I. Ivanov (building No.44) belonged to a new owner: "Oil Production Partnership of Nobel Brothers". The building was occupied by the major office of the Partnership, whereas oil stores were located at the Sofronovsky Berth.
The Partnership commenced its activity in Ufa and the Governorate (Geberniya) in 1898, when it concluded a leasing contract with the city administration. The Partnership received "a land plot for warehouses (kerosene, oil, mazut), warehouses and berths, located below the Sofronovsky Spring". The parties agreed upon the leasing period of 15 years. According to the contract, the Partnership was supposed to strengthen the Belaya River bank at the leased area. The Partnership was allowed to build storehouses, to install kerosene tanks, oil and mazut warehouses and pits, cooperage and other trading facilities. It was also allowed to equip the berths and moorage for ships, steam-ships and barges. A separate part of the contract was devoted to the construction of a railway branch from the Ufa station.
Shortly after that the Partnership used the leased area behind the Sofronovsky Berth to establish an office. It strengthened the Belaya River bank, built the railway branch and all the necessary to trade oil products. Besides, the Partnership used the premises to build several houses for workers. A document had been found, which certifies that in 1904 oil products in Ufa were sold for the total amount of 1.1 million rubles.
From Ufa kerosene was delivered by railway to Zlatoust, Minyar, Satka and Chelyabinsk. According to the contract with Samara-Zlatoust railway administration dd. October 30, 1914, the Partnership undertook to supply the railway with 105 thousand poods (~1,700 kg) of kerosene per year.
At the beginning of the 20th century the Partnership rented a small building on Uspenskaya Street, but in 1910 merchant Alexey Chitov (who traded kerosene in the Guest Court) entered the Partnership. Thus, the "Chitov and Nobel Brothers" Trading House was created. In order to expand its operation the new Trading House required a new larger building in the center of the city. As a result the Partnership purchased from I. Ivanov the two-storey stone trading building at Verkhnetorgovaya Square. Apart from this building, in 1912 the Partnership owned the following immovable property: buildings and constructions at the Sofronovsky Berth. The Partnership had its branches in Meleuz and Mrakovo.
In 1918 representatives of Nobel Brothers Firm left Ufa. The building No.44 at Verkhnetorgovaya Square was closed. In 1924 the company was nationalized, and the building was given to the Bashkir Consumer Union. Later it was used for administrative and storing purposes.
Experts refer the Nobels' building to the so-called "brick style", though the window openings and window frames suggest serious influence of Art Nouveau. It is most likely that the project was implemented under the supervision of Governorate architect Konstantin Guskov. The building of the Nobels' Trading House at Verkhnetorgovaya Square is a landmark of history and architecture of the early 20th century. The 1988 decision of the Council of Ministers of the Bashkir Soviet Socialistic Republic put the building under the state protection. In 1999 the architectural complex of Verkhnetorgovaya Square and Guest Court was created, and the building was plastered. Currently it is occupied by one of the divisions of "Gazprom" Company.