Lucky Joe's Tiki Room, 196 S. 2nd St., will close this weekend, according to owner Lee Guk. Saturday night will be the final night of operation.

Guk says the owner decided to sell the building for development.

"Sometimes a business decision has to weigh over a heart decision. I'm sad, but at the same time, it's a lot of stress and debt off my plate," says Guk.

Guk opened Lucky Joe's in 2012. His other venture, Lucky Joe's Alchemy & Eatery, which opened this summer, will remain open.

"We will be focusing on the Tosa location, and possibly finding a different location for the tiki concept," he says.