State has already collected $25.9 million in bid fees for 149 state liquor stores
For Immediate Release May 16, 2012
OLYMPIA – On May 24, 2012, the Washington State Liquor Control Board (WSLCB) will host a new live auction of the rights for 18 state liquor stores. Following the online auction that ended April 20, 2012, top-bidders representing 18 state liquor stores did not pay their posted bid, sacrificing their deposit. Bidders representing 149 state liquor stores have already paid a total of $25.9 million in bid fees to the state.
“This has been a highly successful auction process,” said WSLCB Business Enterprise Director Pat McLaughlin. “We have already collected nearly $26 million in bids plus about one million more in fees.”
Bids in the online auction that ended April 20 totaled $30.75 million. Following the live auction, the WSLCB estimates total bids and fees will exceed $31 million.
Live Public Auction Details
- Date: May 24, 2012
- Time: Registration at 9:00 a.m. Live bids at 10:00 a.m.
- Location: WSLCB Distribution Center, 4401 East Marginal Way in Seattle
- Format: Live public auction led by local auction company
- Bid deposit: $10,000
- Successful bidders will win the exclusive right to apply for a liquor license at the current location within its current footprint. All state liquor stores are below the 10,000 square foot threshold for liquor sales established by Initiative 1183.
State Stores to be Auctioned May 24
Store # City Street Address
002 Seattle 1201 2nd Ave.
003 Tacoma 3208 South 23rd St., Suite 1
006 Marysville 6608 64th St. NE, Suite C
032 Enumclaw 1040 Stevenson Ave. #B
042 Seattle 400 Broadway E
044 Spokane 5004 E Sprague Ave. #101
066 Kent 20514 108th Ave. SE
082 Kent 23219 Pacific Hwy S
085 Bellevue 15600 NE 8th St. #K-07
093 Kenmore 6820 NE Bothell Way
113 Seattle 118 NE 45th St.
122 Tacoma 7048 Pacific Ave.
132 Lakewood 8217 Steilacoom Blvd. SW
140 Bellingham 1255 Barkley Blvd. #107
151 Ocean Shores 171E Chance Alamer NE #C
159 Kennewick 731 N Columbia Center Blvd.
168 Vancouver 3425 SE 192nd Ave. #114
179 North Bend 320 SW Mt. Si Blvd. 109
Additional details on the live public auction and comprehensive data on each of the 18 stores being auctioned is available on the WSLCB website at lcb.wa.gov. Look for the “Public Auction” graphic on the homepage.