The 1886 building - so named for the year of its construction - is probably the oldest commercial building on Beach Street that has retained its original appearance. It used to house Goon Yen & Friends, an upmarket emporium - one of the first in George Town to be owned by non-whites. Upmarket shops and offices, including Howarth Erskine Engineers occupied the rest of the building.
On the upper floors are lovely French windows that open out to cast iron balconies - they were fortunate to have survived till this day, as metal were taken away by the occupying Japanese forces during the war. Topping the building is a dentilated cornice and a parapet wall.
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