Livingstone House, 50 Livingstone Road, in the Birchfield area in the north west of the city, has had a variety of different uses down the years.
Now it is being marketed by West Bromwich-based agents Bond Wolfe and looks set for a new lease of life.
Built in 1965, it was a nursing home and a training and educational complex. It has been latterly split between a day nursery and student accommodation.
Situated just off the main A34, it is adjacent to Birchfield Gateway, where some demolished tower blocks are set to make way for new homes.
James Mattin, Bond Wolfe managing partner, said: “It is a prominent one acre site and, like Birchfield Gateway, one option would be demolition and then housing.
“The site is considered suitable for residential development, subject to planning permission, should the purchaser not want to use the existing building in its current format.
“Alternatively, it could be kept as it is and utilised for similar purposes to what has gone before.
“In fact it is ideal for a variety of alternative uses.”
The four storey building lies within a designated regeneration area, about two miles west of Junction 6 of the M6 motorway and close to the One Stop Shopping Centre.
The site extends to about one acre.
It comprises 7,083 sq. ft. of flexible space on the ground floor split into a variety of rooms situated around a central courtyard, previously used as a play area.
There is a reception room which leads onto the main inner corridor which services a number of former class rooms and meeting rooms. Additionally, there is a main conference room, capable of holding 100 people, with access to a commercial kitchen and serving area.
The first floor was previously residential accommodation and, historically, training and meeting facilities. It currently comprises 14 rooms with inbuilt wardrobes and wash hand basins, as well as a communal dining/lounge room. There are also a number of communal bath and shower rooms.
The second floor is similar while the third floor comprises nine bedrooms with an additional former ‘staff’ apartment, further communal facilities and a laundry room.
There is an onsite car park situated to the front of the property with further parking and garages to the side and rear.
Mr Mattin said: “It is an interesting building which needs some tender loving care and someone with a bit of vision to make the most of it.
“All offers are being invited and we are expecting considerable interest.”
Also available through Bond Wolfe is the former Mill public house in Beaconview Road, West Bromwich.
It has planning permission for residential redevelopment and is available at offers over £300,000.