The accident occurred during intermittent rains in the night.
Eyewitnesses told XYZ News that no one was trapped in the rubble, and there were also no casualties.
The building is said to be an old edifice in the area.
It brings to two, the number of buildings that have collapsed in the country in less than a week.
A three-story structure collapsed in the Ashanti regional town of Obuasi on Thursday.