WAVERLY– The potential buyer of the former Village of Waverly Hall plans to use the Broad Street building for the benefit of the community.

Teaoga Development LLC is in its final contract deliberations in the purchase of the broad street building owned by the Village of Waverly. Co-owners Susan Fogle and Debra Twigg recently submitted a purchase offer of $40,000 for the facility.

Twigg, who will be in charge of strategic development, said her first plans for the project TWIGG is to renovate the building with a phased approach beginning on the first floor.

She said thoughts on the remaining floors will be decided at a later date.

On the first floor, Teaoga Development would like to bring in a new business to the downtown that will “work with the other businesses that are already there in a community-friendly way,” said Twigg.

The former Waverly Village Hall building on Broad Street. Times file photo She added that the company is looking at helping the economic development of the Valley.

Twigg explained that being a citizen of the Valley since birth, and after creating the Susquehanna River Archaeological Center into downtown Waverly, she has grown a fondness for the village.

“My hope is that, by preserving the old village hall, I’m giving back to the community and helping us all in the end,” said Twigg.

She explained that the downtown is doing well with businesses such as the SRAC, the Red Door Mission, and the Broad Street Exchange, and she hopes this new space will allow for another good establishment to come to the downtown.

Twigg explained that it is hard to make a business in a small town work, but if the owner thinks more about its community and what the community wants and needs, it is better off than focusing on money.

“Our community supports itself in many ways,” said Twigg of the Village of Waverly. She added that it is an amazing place to be a part of the community.

As for the specific business to use the building, Teaoga Development is still considering this, and Twigg said anyone interested in using the property can contact her.