If the investors looking to sell a recently-remediated market on Atlantic Avenue can't find the right tenant, they'll end up tearing it down to make way for a new building.

According to Stone River LLC representative Charles Patsios, a plan to tear down the former Fruit of the Four Seasons building and replace it with a new one was presented during a meeting of the Design Review Committee at Abbot Hall Monday afternoon.

The plan, he said, has already been before the Planning Board.

"We’re redesigning it to come up with something that’s appropriate for the area," Patsios said. "We want the building to be something that is a plus rather than something that is run-down."

If the investors do end up choosing to rebuild, Patsios said they will design the new building with either a restaurant or a retail establishment in mind. The plans, he said, will create several new parking spaces that would benefit nearby businesses.

Without providing a timeline for when demolition might begin, Patsios said "if it is coming down, I'd like to have it down before December."

Although preparations are being made to tear down the building, Patsios said if the right area business owner were to suddenly show interest in the location as is, he'd be willing to sell it.

"We want to see a business that is doing well in town do great by occupying a space that has parking, exposure and an option to buy," Patsios said, adding "think about it this way, it's a blight right now and something needs to be done. We want what’s right for all, which is a business back in there serving the community."

Patsios said area business owners interested in the space can reach him at 781-589-3794.