In the historic center of Alatyr Chuvash Republic, surrounded by ancient churches and merchant houses located Nicholas Znamensky temple. The church was built by the parishioners in 1770. Brick building replaced the previously stood here a wooden church with the main altar in honor of the icon of Our Lady of the Sign. In the early seventeenth century, when the temple was Nikolsky Women's Monastery.

Trёhprestolny stone church with chapels of St. Nicholas and of the Holy Apostles Peter and Paul, with a high bell tower was built in the traditional Russian architectural style common to many iconic buildings in the eighteenth century, despite the fact that each church had its own unique look. Facades Nicholas Znamensky temple richly decorated in the baroque style, and in the design of the bell tower clearly guessed Russian-Byzantine style, fits perfectly into the temple ensemble. Today, Nicholas Znamensky temple is an architectural monument of federal importance, as well as a great tourist attraction Alatyr.

In the 1930s, like most of the temple buildings, Znamenskaya church looted and closed, and in 1940 the building was used as a winery. In 1988 the building was returned to believers, and since 1989 began restoration work. Today, original appearance of the historic building restored and is part of the architectural ensemble of the Old-Piazza (now - the October Revolution).

Opposite the church is the house where the family lived with the young S.D.Erzya Nefedova, who became world-renowned artist and sculptor, and renovated two-storey house at the temple. The historic buildings of the area also includes: the first temple Alatyr walled city - the Cathedral of St. John the Baptist, Cathedral of the Nativity of the Blessed Virgin Mary, a former building of the Treasury (Art Museum) and the Kazan Church.