The former ETL business premises in Main Street, Roscommon town, has gone sale agreed for around 800,000 euro.
It's understood the deal is with a well known local employer, who intend to use some of the three-storey building for offices.
It went on the market for 500,000 euro in January, after Michael and Rita Oates decided to close their business after 40 years.
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Auctioneer Seamus Carthy says the landmark property was much sought-after.