One of Ballarat’s most iconic pubs, the Peter Lalor Hotel, is up for sale.
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The 800 square metre building is open for expressions of interest through Colliers International, with the cut-off date set for Friday, December 4.
Colliers International managing director Andrew Lewis said the building has enormous potential, but perhaps not as a pub.
The Peter Lalor closed at the end of 2014 and was set for a revitalisation in the early months of 2015, however, the project was discontinued.
“It's a big solid building, but we are of the opinion that it has seen its time as a pub,” Mr Lewis said. “We think it's (the building) more of a conference or function centre.”
The building is expected to be sold for upwards of $1 million, most likely around the $1.5 million mark.