Located at 1300 Van Ness Ave in San Francisco, the Regency Ballroom was known as a historic venue for concerts. Now, it is up for sale or for lease, SFGATE reported.

San Francisco Business Times has first carried the report, saying that the ballroom was San Francisco real estate investors Scott Robertson, David Banks, and Lee Banks’ “largest privately owned establishment venue on the West Coast” by

The venue, which measures 65, 000 square foot in space and has five stories, was listed on Compass Commercial which offered it as an “icon poised for transformation.”

Those who are interested in purchasing the property can have the freedom to retain it as a concert venue or apply some changes to make it a living space or work area.

“The base building redevelopment can include private and public supper clubs, gyms and sports courts, swimming pool or ongoing office and entertainment venues,” part of the listing reads. “However, the zoning allows construction above the roofline for additional uses including residential and medical office condos.”

The listing, however, did not mention the Van Ness building’s asking price.

In 1909, the venue was opened as a Masonic lodge, or a “Scottish Rite Temple.” Later, in 1966, it was transformed into a movie theater and named as the “Regency I”. It served as a dance studio and a banquet hall many years after.

The building shut in 1998. Real estate professional Scott Robertson bought and renovated it in 2000.

The San Francisco Business Times said the building is currently leased by AEG, an entertainment corporation. The operations, meanwhile, are handled by AEG’s subsidiary, Goldenvoice.

At present, the building still holds music performances and will also be the venue of the many shows including Majid Jordan, JPEGMAFIA, Silverstein, Remi Wolf, among others, in the coming days.