At a meeting last week, the council received a report that 66 Dee St had been issued with an insanitary building notice, requiring its demolition or repair.
Property manager Gaire Thompson, who owns The Warehouse and Farmers buildings in Invercargill, showed interest in buying it after the report became public and started a conversation with chief executive Clare Hadley about it.
The council decided Mrs Hadley could have 10 days to work with any interested parties to sell the building, or it would be demolished.
Mr Thompson confirmed his interest in the property but said any decision would be made after a visit to the building yesterday.
Council property manager Paul Horner said it would cost $1.4 million to fix the building, including $250,000 for structural works to support the building next door at 68 Dee St.
‘‘Investigation into the possibility of repairing the building proved that this cannot be practically or economically achieved and that the building has no worthwhile future use, and therefore the logical conclusion is to demolish it,’’ Mr Horner’s report said.
A decision is expected next week.
