The owner of one of downtown Augusta’s live music venues is offering up the business for sale.
Brad Belcher has announced on social media his intent to sell The Iron Heights at 631 Ellis St.
“If anyone is interested in purchasing this business, let me know,” Belcher posted on the business’ Facebook page. “I can go over the options with you in private. I am seeking someone to take over the business fully.”
Belcher elaborated on his personal Facebook page, saying he’s “just lost that loving feeling” for keeping the business open himself, but wants to see someone else keep it open as a place where bands can perform.
“There are no debts, everything is free and clear, and will be transferred to your name,” he wrote. “No petitioning the city council, no setting up. It’s all here, and I’ll toss you the keys. This can be a package deal, turnkey business for pennies on the dollar.”
Belcher set a starting price of $10,000 for Iron Horse LLC and its assets. That includes transferring the lease and business license, and custody of The Iron Heights’ Facebook page and email address, to a new proprietor.
The building leases for $400 a month, Belcher wrote.
The price also includes the equipment and assorted furniture inside the building. The club has a 17-by-18-foot stage; two heat pumps, a three-ton and a 2.5-ton; a 32-channel, 10,000-watt public address system; and other pieces of audio and lighting equipment such as speakers and microphones.
Calls to Belcher were not immediately returned.
The 1,900-square-foot building was built in 1952, and opened originally as Kam Lee Laundry and Dry Cleaning. The owner, Hing Shek Loo, retired in 1980 and died in 1997.
Nick Laws reopened the building in 2005 as a live-music venue called Sector 7G. Bryan Levy took over the business in 2011, and it closed in 2014.
Belcher reopened it in 2015 as The Iron Heights.
The building is the last remaining building on the north side of the 600 block of Ellis. The rest of the block is parking spaces, mostly for the Ramada Augusta Downtown Hotel and Conference Center.
The building’s owner is listed as Berger and Smith LLC. The county last assessed the property’s value at $54,270.
Reach Joe Hotchkiss at (706) 823-3543 or email@example.com.