The nearly 100-year-old building at the corner of Broad and Dillingham Street in Phenix City was torn down Friday.
City official Stephen Smith says after a decade of research, the city decided the building was beyond repair and dangerous to the public.
The building has served as Citizen's Bank, a pet store and even a pool room, but has been sitting vacant for years.
The city recently purchased the property recently for $200,000.
Smith says the city plans on putting a park at the historical site.