The former Wanganui Post & Telegraph building at 51 Victoria Ave is up for mortgagee sale.
It's in one of the best heritage precincts in the city, said Whanganui Regional Heritage Trust's Wendy Pettigrew.
The building houses the Ceramic Lounge/Big Orange cafe and Hair by Halo on its ground floor but its upper storey is vacant, Bayleys Wanganui commercial real estate agent Bob Davies said.
It was advertised on Saturday and the two agents listed have already received calls about it.
Wanganui Post & Telegraph was opened in 1902 and was said to be the best of its kind in New Zealand at that time.