The Kelly pub, on Hedgeley Road in Hebburn, has been brought to the market by Fleurets Limited.
Before it closed earlier this year, the venue was popular within the local community and benefited from having one of the only function rooms in the local area.
The large pub has a floor area of 597 sq. ft. with the bar area being able to hold around 60 people at any one time.
The property agent has also suggested that the function room would be transformed into a 40-cover restaurant to compliment the popular bar area.
Simon Hall, director and head of agency north of Fleurets said: “Given the densely populated area, the pub could be reopened along a similar community basis and could develop the function room as a restaurant to compliment the pub business in the front bar.
"Equally it could be suitable for a variety of alternative uses subject to planning."
Take a look inside The Kelly, which is on the market for £295,000.
5. Beer garden
The venue features plenty of outdoor space for the warmer months. | Fleurets Limited (via Rightmove) Photo: Fleurets Limited (via Rightmove)
6. Function room
The Kelly includes a large function room to host private events. | Fleurets Limited (via Rightmove) Photo: Fleurets Limited (via Rightmove)
7. Space for a restaurant?
The pub's function room has the space to be transformed into a 40-cover restaurant. | Fleurets Limited (via Rightmove) Photo: Fleurets Limited (via Rightmove)
8. Former deli
The garage at the pub was converted into a deli before it was relocated. | Fleurets Limited (via Rightmove) Photo: Fleurets Limited (via Rightmove)