Windham residents will decide Saturday whether to borrow $1.7 million to move the South Windham fire station down the street.

The question will be on a warrant at the annual town meeting, which starts at 10 a.m. in the Community Center Gym on School Road.

The money would be used to purchase the former Maine Cedar Log Homes manufacturing building at 33 Main St. and renovate it into a fire station.

The South Windham Fire Station, a call company station that serves South Windham and Little Falls village in Gorham, is currently located at 8 Main St.

The 3,500-square-foot building, which is about 50 years old, is too small for the personnel and equipment, according to a 2014 study done by engineering firm SMRT. Because it’s surrounded by the Presumpscot River, there’s no room on the site for an expansion, said fire Chief Brent Libby.

The new building is 12,000 square feet, Libby said.

Although the station is not staffed with full-time firefighters, three students from Southern Maine Community College’s fire science program live there during the school year. Additional space for bunk rooms and bathroom facilities are among the station’s needs.

If residents approve the project, the new station could be ready to move into within a year, Libby said.