GUILDERLAND — Realtor Tony Trimarchi of CM Fox said he has a prospective buyer for the burned-out Governors Motor Inn, long an eyesore on Route 20, Guilderland’s major thoroughfare.

But he said he cannot divulge any information on the buyer or the planned use.

Trimarchi said that it might be three months or so until the sale becomes final.

Currently, he said, the prospective buyer is involved in having various kinds of testing done — such as for lead or asbestos.

Trimarchi said earlier that a prospective buyer would need to demolish the structure and build new.

The motel, which dates from at least 1965, has been boarded up since it suffered extensive damage in a fire in June 2010. In its heyday, it featured full-course dinners and dancing, but in later years it rented rooms by the hour.

The property had been listed at $475,000, which Brian Meurs of CM Fox told The Enterprise earlier factored in the need to pay off back taxes of more than $200,000.

The local business zoning district where the property is located allows bed-and-breakfast inns and general or medical offices. With a special-use permit, the property could house, for instance, a bank, bowling alley, garden facility, fast-food or sit-down restaurant, or a local shopping center.

Most of the interest in the Governors Motor Inn property, town Supervisor Peter Barber told The Enterprise in January, has been for use as garden apartments — which are not allowed in a local-business zone. The town’s Land Use Advisory Committee might discuss that issue, Barber said.