The Isle of Wight Wax Works at Brading, one of the Island's top tourist attractions, has been put up for sale for £600,000.
The Wax Works is owned by Heritage Great Britain plc, which says it is selling it as a going concern "as the business is non-core to the balance of the estate".
Also being sold is an adjacent terrace of four cottages, at a guide price of £150,000.
The Wax Works, formerly the Isle of Wight Wax Museum, was first opened in 1965, developing into one of the Island's most popular attractions.
It is next to the oldest house on the Island, the Ancient Rectory Mansion, which predates 1228.
Among its exhibits are many events from the Island's past, from a figure of Vespasian - commander of the Roman invasion - to celebrities like George Bernard Shaw and Alfred Lord Tennyson.
There is also a Chamber of Horrors and an Animal World.
The Wax Works were previously sold by former owners, the Osborn-Smith family, in 1995.
Agents for the current sale are London-based Humberts Leisure. Spokesman Nigel Talbot-Ponsonby said: "This is a very good opportunity for investors to acquire a secure, well-established and profitable business, and a rare chance to invest in the Isle of Wight's rich heritage."
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