The Red Room, a downtown staple of the Boise music scene, may be closing its doors: --at least temporarily.
With its liquor license sublet to a chain restaurant and bar near the Edwards 22 complex and its lease on the 1500 block of Main Street ending Sunday Dec. 1, venue owner Mitch Thompson is looking for someone to take over the lease and turn the space into an all-ages venue.
A Craigslist ad posted Sept. 8 listed the Boise bar for sale. The $25,000 asking price didn't include the lease or a liquor license but does include furniture, sound equipment, a stage and other items.
"I priced it so somebody in the music industry could get a hold of it," Thompson told Boise Weekly.
The lease, which includes the current sites of the Red Room and Ikon Tattoo and Body Piercing on the second floor, is for 4,000 square feet at $11 per square foot.
Ken Jenkins, owner of the building where the Red Room is located--and who has listed the building for sale at $439,000--said the appeal of the space as a music venue is its "turnkey" status--a lessee would have all the sound equipment and furniture needed to host a show--and the popularity of Red Room's enterprise.
"Everyone's wanting to do what the Red Room's doing," Jenkins said.
The venue has had multiple locations across downtown Boise, and the space it currently occupies was once the site of the Crazy Horse and Terrapin Station.
Red Room's conversion to an all-ages venue would come on the heels of it subletting its liquor license to Twin Peaks, a Hooters-style chain restaurant and bar located at 7751 Spectrum St. in Boise.
According to Lt. Russell Wheatley, bureau chief of the Idaho State Police Alcohol Beverage Control Bureau, these transfers are possible after a two-year "seasoning" process. Wheatley said the license transfer had nothing to do with any abuse or misuse of the license.
"It was impeccable," he said of Red Room's compliance with state alcohol laws.
Transfers of liquor licenses can be lucrative: The wait for a license can be years and the cost can be hundreds of thousands of dollars.
"They're incredibly rare and expensive," Thompson said.
Thompson didn't disclose a dollar amount for how much Thompson & Ross LLC (which owns Red Room) had let the license, and, as of press time, he could not be reached regarding the potential sale of items inside the venue.