Representative of Shouf Hamad Beik Hamadeh pursued building the old souk at the times of Mutasarrifiya in order to boost trade and industry in Baakline at the end of the Maan era. It used to be a Serail and an assembly point for armies. It was built in 1312 AH (Hijri year) and it is now the possession of Al-Nasr. It contains a mill and an olive press that was established in 1935. Horses were used in the press and they used to be kept in the souk stony rooms which are now known as old souk stores.

In 1945 the press started functioning on fuel and electricity so the horses were spared. The souk rooms were therefore used to store oil. The olive press stopped producing oil 15 years ago but the equipment is still intact.