The Kays Brothers building was built in 1872. (Google Streetview)

A historic Charlottetown building has been named one of Canada's most endangered places.

The Kay Brothers Building made the Heritage Canada Foundation's top 10 list.

The organization works to preserve national heritage sites.

The Kay Brothers building was built in 1872, but may be torn down by current owner Danny Murphy to make way for a new 124-room Hilton Garden Inn.

The building, which sits at the corner of Queen and Water Streets in the city's old commercial district, has a colourful history. It has been home to four Island newspapers, a tobacco manufacturer and even an egg company — it even survived several fires. It's been vacant since 2009.

"In order to draw attention to the site, try to raise awareness about some of the challenges communities are facing, we decided to move forward with including it on our list," said Carolyn Quinn, of Heritage Canada Foundation.

Quinn said the foundation would keep tabs on the future of the Kay Brothers building.

"We're not about freezing buildings in time, but certainly demolishing it lock, stock and barrel I think would be a considerable loss to the heritage of Charlottetown," said Quinn.

She hopes having the building on this list will prevent it from being torn down.