Liverpool City Council has published a notice seeking expressions of interests from individuals, community organisations, small builders and other organisations interested in redeveloping Everton Library for community or commercial use.
In particular, the local authority said, it wishes to encourage local community-driven proposals.
The council is holding a drop-in session for interested parties, to be held at the Brickfield Centre on 28 February between 10am and noon, and 3pm and 6pm.
Submissions are requested before 7 March, with those interested required to give illustrated outline plans, evidence of experience and details of financial backing as well as a financial offer.
The city council owns the freehold to the Beacon Lane site and intends to dispose of the building on a 125-year lease, conditional on the buyer securing full planning consent.
Needing to continue a programme of cuts, the council said last year that it cannot contribute to a project it estimates will cost £5m.
Hotelier Signature Living held talks with the council over the building last year, with owner Lawrence Kenwright speaking of his plans to create facilities including a library, youth centre and training space at the grade two-listed building.
Place understands that no formal process was ever entered into, and that Signature remains welcome to enter its bid
Everton Library was designed by architect and Liverpool city surveyor Thomas Shelmerdine, completing in 1896 and remaining open as a library until 1999 – it has been unused since 2002.