It will be the third attempt to sell the former hospital in Dartmouth.
Torbay and South Devon NHS Foundation Trust said the former Dartmouth and Kingswear Community Hospital would be auctioned on 18 September.
The building, on the embankment overlooking the River Dart, was nearly sold in January but the preferred bidder fell through.Jake O'Donovan, director of workplace for the trust, said there was "a number of interested parties who may make a bid on the site prior to auction".
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