General manager of operations for Hawkes Bay-based Lowe Corporation, Jason Windhager, said the site was recently put on the market.
He hoped its industrial zoning would attract other businesses to the area.
The sale, through Bayleys, lists the more than 19,000sq m site and various storage and other buildings as having a capital value of just over $1 million.
In 2005, the Green Island fellmongery underwent a $4 million upgrade, which was expected to lead to the processing of three million sheep and lamb skins, up from 1.7 million, and boost its staff from 38 to about 100.
In a shock announcement in late July, it was closed overnight with the loss of 60 jobs because of the downturn in South Island stock numbers and increasing exports of preserved hides directly to China.
The plant processed sheep, lamb, goat and calf skins, as well as salted skins, slipe wool, pickled and wet blue pelts.
Lowe Corp subsequently set up a small skin salting plant in Mataura.
