we had one truly beautiful such edifice in town. It was perpetually "for Sale", but each time I passed it I fantasized about the town(or me if i won the lottery!) buying it and turning it into a "cultural centre" with a café for poets and other ne'er do wells to hang out at. But one day it mysteriously burned down (hmm poured concrete..highly flammable) and the owner collected the insurance.
About seven years later his failed B & B , a fantastic century-plus four storied brick, also had an "accidental fire." He claimed he left a pot on the stove. "MY BAD". House gutted. Insurance paid up.
Then I discovered he had been the landlord for this beautiful old apartment complex built back in the days 150 years ago to house workers for the lumber/shipping industries. Beautiful red brick, mansard roofs, carved thick wood on the doors and verandahs,etc.etc. He sold that to some drug store chain...(cuz we need three storefronts of the same franchise in one town!) and the wrecking ball made short work of that, despite large opposition from many townsfolk. As it wasn't officially declared a 'heritage site', too bad, it was his property.
I hear he's living in another town now...I pray they never allow him near their heritage buildings!