But government minister thinks it wouldn't be appropriate to accept
The owners of the former Newson's building on Douglas' North Quay have offered the site to government 'free of charge'.
Kelman recently announced it was 'giving up' on the re-development plans, citing a 'five year battle' with planners.
There have been disputes over whether the building, which dates back to the 1700s, should be retained, or demolished - as the developers wished.
Environment, Food and Agriculture Minister Clare Barber says a balance needs to be struck:
Minister confirms immigration healthcare surcharge has been delayed
Old Police Station in Castletown to be sold by Manx National Heritage
Tall ship appears on Ramsey Beach
Introducing ID checks on boats could help strengthen Island's borders
Increasing pressures on freight capacity at Douglas Port