City of Wolverhampton Council has received strong interest from investors and developers in the former Heath Town Baths and Library site.
Former Heath Town Baths and Library site
It went to market in March as part of wider regeneration plans for the Heath Town area.
The council is now considering its options before deciding on the best use for the Grade II listed building and the adjoining land.
It has been identified as a building of community value through the Heathfield Park Neighbourhood Plan.
The council is keen to see the historic building, which closed 10 years ago, refurbished and the adjoining land used to boost the area as a whole.
Councillor John Reynolds, Cabinet Member for City Economy, said: “We are hugely encouraged by the expressions of interest we have received.
“The building is a much loved part of Heath Town and an important part of the heritage of the city.
“It is vital we choose someone who will see its potential, be prepared to invest in its future, and work with the local community.”
The site sits at the heart of old Heath Town off the Wolverhampton Road, in close proximity to the Heath Town estate, which is due to undergo a multi million pound revamp.
City of Wolverhampton Council and Wolverhampton Homes are working in partnership to regenerate the estate with proposals for new housing and investment in the retained blocks, including environmental and landscape works.