Police officers were moved out of the 36,500sq ft building in Walsall in October 2016 after the station had served as the town’s primary police base for 50 years.
The station in Green Lane was one of 27 to be closed by cash-strapped West Midlands Police in a bid to generate cash.
Shirley station in Solihull has also been sold and the two deals have resulted in a combined £2.25m for the force.
Selling off eight police buildings across the West Midlands has netted more than £4m in total.
Corbally Property Investments bought the six-storey building in 2018.
The site was earmarked for a 'mixed-use' development.