The Board of Selectmen last week agreed to sell the property located at 146 Oak Street for $1.1 million to Release Well Being Center LLC. The owner plans to preserve the 3,696 square-foot house as part of a 7,200-square-foot wellness center and 7,000-square feet for a restaurant and retail space.

This is the fourth time the town has tried to sell the house, which dates to 1820. This time around, the state Historic Commission agreed to remove a historic deed restriction from the house, which was considered an obstacle for potential buyers.

The two-story wood-frame house was once a single-family home and a former mercantile shop built by Nathan Fisher. It was later used as part of the defunct Lyman School for Boys. The house was added to the National Register of Historic Places in 1980.