Bathurst is leasing its historic former post office to a local entrepreneur for the steep price of $1.

Phantom FM, Bathurst's newest community radio station, is preparing to launch for this summer. It hopes to give people in the Chaleur region a chance to make their voices heard.

Glen Ferguson of Ferguson Audio Productions leased Bathurst’s post office from the city earlier this year. Now he is slowly renovating it from the inside out.

“Internally... it needs a lot of work. There hasn't been heat in here for seven years,” said Ferguson.

The building requires a lot of work from peeling paint on the second floor, to taking care of the old clock tower in dire need of renovation.

The new home of Phantom FM in Bathurst.

The former Bathurst Post Office is now home to Phantom FM. (Bridget Yard/CBC)

He said due to heritage regulations, any modifications of the facade are going to be pricey, but worth it.

He hopes Phantom FM will provide more spoken word and community-based programming such as profiles on individuals running business, and sports and cultural events.

City councillor Anne-Marie Gammon said she supports the plan for one of the region's most-loved locations.

“We have an immense amount of talent in this region and people that could be able to become animators or producers..”

Ferguson said Phantom FM will be live at 103.3 this summer.