The Golden Cross in Princess Street is on the market for offers around £900,000 because the owner is retiring.
A Grade 2 Listed building, the Golden Cross is believed to be the oldest licensed public house in Shrewsbury. Records show that it was used as an inn as far back as 1428. It was first recorded by its name in 1780.
Estate Agent, Halls Commercial, said on property website Rightmove that the medieval building was currently used as a restaurant with four letting rooms.
"The property has potential for a variety of alternative uses and is only reluctantly offered for sale due to retirement, " the agent's listing said.
Describing the building, the agent said: "The property has been in recent years subject to an extensive scheme of high quality refurbishment and upgrading works."
Advertising potential opportunities, they also said: "The property would suit a variety of alternative uses subject to statutory consents and could also be adapted to let out the restaurant accommodation separately to the residential letting rooms, to provide an investment return.
"The extensive nature of the property and its accommodation means there is significant potential, subject to statutory consents."
As a pub the Golden Cross was once owned by former National Hunt jockey, Michael O'Dwyer. It also courted controversy in the 1970s with it's men only bar rule.