The market square is located in the city centre, in the Pokkinen district, on the waterfront of the Oulujoki river. The Rotuaaripedestrian zone starts from the square behind the Toripolliisi statue.
In addition to the traditional market stalls, many old warehouses restored as bars and restaurants are bordering the square nowadays. The market hall was opened on the square in 1901 mainly to get selling of meat out of the open square.
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