Buyers sought to bring life to 160-year-old pub in seaside town centre
Offers of around £330,000 are being sought for the former Bennett's Seafood Bar and Grill in Warrenpoint.
The property on Church Street in the centre of the town has been vacant for almost two years after the restaurant business announced its closure in 2015.
The 903 sq m site is considered a landmark property in Warrenpoint as it fronts the town's main street and part of Kings Lane.
Martin Bradley from Bradley Property Services, which is looking after the sale, said: "This is a prime town centre site which offers many redevelopment opportunities including retail, mixed retail and residential, as well as hospitality.
"Its location is the main thoroughfare in the town.
"My initial reaction is that this property could be refurbished and brought back to its former use. The previous owner had a very successful business and I believe there is potential to bring this back to life."
Mr Bradley said the site is located in what is considered a busy economic hub with strong transport links to Belfast and Dublin.
"This is also an expanding tourism area benefiting from cross-border business from Carlingford and north Louth as well as south Down," he added.
The three-storey building is traditional in style, with a flat roof addition to the back leading on to yard space.
Bennett's announced that it would close in 2015, when its owner Sean Bennett posted news of the sale on Facebook. The building had been a pub for over 160 years, according to the publican, who traded until January 2016.
Colin Neill, chief executive of Hospitality Ulster, said the site presented a "good opportunity for new ideas and investment".
He said: "Bennett's was a great venue and did a lot for the night-time economy in the town.
"There are still opportunities there and with tourism growing we hope to see it spread beyond Belfast and Derry/Londonderry and Warrenpoint is an area well-placed to take tourism."