West Lothian Council has committed to undertake a formal marketing of the area, to find out if there is commercial interest in the site.
Local community groups are keen that the council explores the possibility of transformative redevelopment in the area, after the opening of Linlithgow Partnership Centre (Tam Dalyell House) resulted in a number of properties becoming vacant.
A report on the outcome of the marketing exercise will be reported back to a future meeting of Council Executive.
A West Lothian Council spokesperson said: "The marketing exercise will allow us to test the market and gauge any commercial interest in the site, which has been split into two plots.
"Any proposals received will be discussed with the local community groups involved, to make sure that their views can be incorporated into a report for the Council Executive after the marketing is completed."