Ötzi was found by two German tourists from Nuremberg, Helmut and Erika Simon, on 19 September 1991. The body was at first thought to be a modern corpse, like several others which had been recently found in the region. Lying on its front and frozen in ice below the torso, it was crudely removed from the glacier by the Austrian authorities using a small jackhammer (which punctured the hip of the body) and ice-axes using non-archaeological methods. In addition, before the body was removed from the ice, people were allowed to see it, and some took portions of the clothing and tools as souvenirs. The body was then taken to a morgue in Innsbruck, where its true age was subsequently ascertained.

Subsequent surveys in October 1991 showed that the body had been located 92.56 meters inside Italian territory (46°46′44″N 10°50′23″E / 46.77889°N 10.83972°E / 46.77889; 10.83972). Since 1998 it has been on display at the South Tyrol Museum of Archaeology in Bolzano, Italy.

Pollen in the first meal showed that it had been consumed in a mid-altitude conifer forest, and other pollens indicated the presence of wheat and legumes, which may have been domesticated crops. Also, pollen grains of hop-hornbeam were discovered. The pollen was very well preserved, with even the cells inside still intact, indicating that it had been fresh (a few hours old) at the time of Ötzi's death, which places the event in the spring. Interestingly, einkorn wheat is harvested in the late summer, and sloes in the autumn; these must have been stored since the year before.