The joint closed its doors earlier this spring and former owner Brian C. Roehrich was thrown in the hoosegow over the summer for tax evasion. It's been pretty vacant until the past few weeks, when a pair of the above signs were posted outside on the property advertising the fact that Utah-based Eric Nelson Auctioneering was going to sell it to the highest bidder.
The auction was originally supposed to take place earlier this month, but was rescheduled to January (lack of interest, perhaps?)
Personally, if I was rolling with six-figs in my bank account, the Bikini Lounge (which has been up for sale for around two years and counting) would probably be a better buy.
For more info (as well as some pretty pictures of the 1.182-acre theme bar, check out the auction page.