The former buildings of South Oxfordshire District Council in Crowmarsh Gifford near Bicester could be sold to a care home or assisted living company, according to a local councillor.
The buildings were destroyed by fire in January last year, and have faced an uncertain future ever since.
The site is thought to be large enough for up to 40 assisted living units or a sizeable care home.
Its location, close to the River Thames in Oxfordshire, which has seen house value soar over recent years, makes it a highly attractive target for operators targeting affluent self-funders who often release equity in their properties to fund long term care.
Councillor John Cotton told local newspaper Oxford Mail that no decision had been made on whether to rebuild the council offices, or sell the site to a developer. “It would lend itself well to some market housing, and some extra care homes,” he said.
Not only is Bicester an affluent area, it is also short of assisted living housing. “We would consider extra-care housing because there is a significant shortage of that in the district,” said Mr Cotton.