Liquor Lyle's, the proudly seedy Hennepin Avenue dive bar in south Minneapolis, is up for sale for the first time in nearly a half-century, one of the owners said Wednesday.
Ken Meshbesher said that if "somebody comes up with a figure, we'll sell it. We haven't set a price. That's as far as we are."
Meshbesher said he prefers that any future ownership continue operating the bar as Lyle's. It has been closed since the coronavirus pandemic set in a year ago and will remain that way until it is sold. News of the sale was first reported by Axios.
"I'd like to have it maintained; that's part of it," he said. "We consider it kind of an iconic place."
He said the reopening under COVID-19 restrictions really wasn't feasible.
"It's not the type of bar where you can open it partway," Meshbesher said. "There's no really distance [between people] in that bar."
The windowless bar with the throwback red-vinyl seats and look-at-me neon exterior opened back in 1963 by Lyle Dorrian, a longtime member of the Metropolitan Sports Area Commission who helped drum up $1.2 million in bond sales to build Metropolitan Stadium in Bloomington.
Dorrian, who died in 1991 at age 82, sold the bar in 1973 to a group that included Meshbesher and his brother, noted attorney Ron Meshbesher, and Russell Spence. Ron Meshbesher died in 2018.