AGAWAM, Mass. (WWLP) – A company is looking to buy the Chez Josef building in Agawam to grow marijuana.

According to bankruptcy court documents, Tier 11 Holdings offered over $3 million for the former banquet hall. They want to lease the 10-acre property out for marijuana cultivation.

22News spoke with Agawam residents who say this building has been a staple in their community for decades. “I remember going there and having banquets, I just wish it was back, and the same, but I guess not,” said Sharon Dirico of Agawam.

Chez Josef was put up for auction last November after it was foreclosed. The bankruptcy court will accept other, higher offers for the property until March 27th. A hearing is set for March 30th for this potential sale.