In the narrow streets around the harbour archeologists have found the oldest traces of the town from the 13th century. The area is dominated by small houses which are among the oldest of the town and which previously were the homes of workers, craftsmen and fishermen.

Walking through Nykøbing one comes upon a number of interesting sculptures made by, among others, Erik Heide. It is also Erik Heide who has executed the relief of the author Aksel Sandemose, creator of the Law of Jante, which adorns the house where Sandemose was born, Færkenstræde 12.

Ørodde, which protects Nykøbings bay to the east, is a green area with trees and park, the beach ”Østerstrand”, hostel and sports field. The wooded area was established at the beginning of the 19th century as a public park and is still enjoyed as such.

St. Clemens Church was built in 1890-91 on the site of one of the town’s earlier churches from the Middle Ages. It contains among other things preserved items from the old church. The alter piece was painted by August Jerndorff (1892) who used the local population as his models.

The town is known for its variety of shops and restaurants.