The Government has been called on to provide funding for the refurbishment of Castleblayney's Market House.
The Chair of the local Municipal District Noel Keelan says the rebuilding will cost between €4 million and €7 million - a cost he says the County Council cannot afford.
He says local Councillors would consider matching any funding provided by the Government and has called for it to consider a long term loan for the project given the low cost of borrowing.
The building has lain vacant for over two decades and substantial emergency works took place last year after concerns about the Market House's stability.
Councillor Keelan says the building is an eyesore: