A former sports and social club is going under the auctioneer's gavel with a freehold guide price of £45,000 to £60,000.
The substantial property is among 21 lots listed for sale by Clive Emson, the regional land and property auctioneers, this month.
Katie Semmens, senior auction valuer, said: "We are expecting buyers to be on the ball for this substantial property.
"It is in a handsome, original stone building with a modern extension and grassed area to the rear.
"Although tucked away, it is close to homes as well as being in a convenient position for local amenities, including those in St Austell.
"With bags of character and versatility, this property offers potential for a range of uses, including residential with conversion or even site clearance subject to the necessary consents being obtained."
The premises include a bar, functions room, lounge, office, cellar, snooker room, WC and store.
Also available in St Austell is a detached, two-bedroom cottage requiring refurbishment with a freehold guide of £80,000 to £85,000.
Prideaux Cottage, in the High Street, also has a large garden which could lend itself to a side extension subject to necessary consents being obtained.
Starting at 11am, the fifth of Clive Emson’s eight regional auctions in 2014 takes place at the St Mellion International Resort, St Mellion, Cornwall, on Tuesday, July 29