Nelson Place has been on the market for a year
Guernsey's former Post Office in St Peter Port will be remarketed in a further attempt to sell the property.
Nelson Place has been on sale for a year with no prospective buyers willing to match the £3.25m asking price.
Concerns were raised at the time that the States had chosen to put it on the market at the wrong time.
John Silvester, the States hief property manager, said there had been some interest and even some offers, but none they would be willing to accept.
The asking price will now be reviewed to make sure it is still appropriate in the current market and the building will also be advertised through more agencies.
Mr Silvester said they would not sell it for less than it was worth.
The States got permission to sell off more of its assets last week, which means Granville House and Fort Richmond may soon join Nelson Place on the property market.