As the English translation of the store name (Zauberhaft=Magical) suggests, it's a very interesting…read moregift shop with unique handmade art/home décor items.
If you look towards Dom from the Altes Rathaus bridge (Karolinenstrasse), you will directly see the green wall of this store.
Quite honestly, I think some items are pretty funky. I mean that in a good way. They are really unique is what I really want to say. Since most (if not all) of them are handmade, no two items are exactly alike. Depending on your mood at the time, one item might strike your interest more than others though they must be copies of the same model. We've bought some décor items over the years to remember our fantastic Bamberg visits.
If you're interested in something different from other mass-produced décor items, you may want to give this art/gift shop a try.