The landmark Main Street Building on the west side of Ga. Highway 54 near downtown Fayetteville is being advertised for foreclosure.
The large two-story building built by 320 W. Lanier, LLC where Lanier Avenue and Stonewall Avenue split on the west side of the historic district currently houses Regions Bank.
The building is currently being advertised for foreclosure, according to 320 W. Lanier, LLC registered agent Barry McWhirter, who said that the loan was sold to Texas firm Lone Star. The company did not want to renew the loan and decided, instead, to advertise the building.
Prior to being purchased by Lone Star it was Regions Bank that had the loan, McWhirter said, adding that the sale had nothing to do with Regions Bank being the lead tenant in the building.
