The property, on Borough Road in Middlesbrough, is being marketed by Bradley Hall.
The building’s location is noted by the estate agents as being 0.1 miles from Teesside University, with a strong student presence in the area.
Bradley Hall said: “The building is approximately 0.5 miles to the A66 and 3 miles to the A19.
“There is a strong student presence in the area, with some 22,500 students enrolled at Teesside University in 2023/24, of which approximately 50% live out.
“The property would be ideally suited to be let to students, being located just 0.1 miles from the university, offering convenience and easy access to campus facilities.”
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The building, described as a “Middlesbrough Town Centre conversion opportunity”, consists of two commercial units and living accommodation on the upper floors.
Planning permission has been granted for a mixed-use commercial and residential scheme.
This includes two commercial units and eight studios.
The building is situated opposite ‘The Crown’ Pub development site, and is surrounded by a mix of retail, leisure, office, and residential uses.
Bradley Hall said: “The local area is generally made up of retail, leisure, office, and residential uses.
“There are a variety of local businesses on Borough Road, served by the local community.”