The demolition of the former Calder Mackay furniture store, located at 180 Rattray St, had been nearly completed yesterday.
It was earmarked for demolition in 2011 but after Lion NZ Ltd bought the site demolition was delayed.
Last week the Otago Daily Times spoke to a Lion spokeswoman, who said the company originally bought the site 12 years ago for storage purposes during renovation work at Speight’s Brewery.
It had since not been used in some years and the building was now "structurally compromised and unsafe", she said.
The company had no plans as yet for the future of the site.