According to real estate broker NAI Horizon, the 20,865-square-foot property located on Grand near 37th Avenue will be the focus of a two-day online auction by the company beginning at 9 a.m. on Monday, July 19. Bids will reportedly start at $300,000 and will be accepted through 11:59 a.m. on Wednesday, July 21.
(Anyone interested in bidding on the property can register through TEN-X, a commercial property auction company handling the auction.)
Matt Harper, one of the real estate agents with NAI Horizon handling the property, tells Phoenix New Times they expect it will be sold during the auction.
“There’s been a lot of interest in the property,” Harper says. “We’ve had pretty good traction and activity on it.”
Harper says the auction will include the 4.4-acre lot housing the property and its towering neon sign, which depicts a jester-like harlequin and is adorned with a large marquee that used to advertise the various performers that would gig at the club.
Mr. Lucky's hasn’t operated as a nightclub or events venue since the late 2000s. It’s hosted a few different businesses over the last decade or so, including a furniture store and restaurant, but has largely remained vacant. California businessman Vahak Minassian has owned the property since 2005, per Maricopa County records.
First built in the mid-1960s by Phoenix restaurateur Bob Sikora, Mr. Lucky’s was a cornerstone of Arizona’s country music scene for several decades. Artists like Waylon Jennings rose to fame at the venue and superstars like Glen Campbell, Wanda Jackson, Charley Pride, and Marty Robbins performed regularly.
In 2015, the property had brief stints as a furniture store and restaurant (signage for both failed businesses still dot its exterior). The property has remained vacant from 2016 onward. It's been up for sale multiple times in recent years.