Marty Millionaire, the sprawling, 2,800 sq. m. vintage furniture store at Queen and Parliament, will close its doors next summer after almost 50 years in business.

Brothers and co-owners Marty and Norm, who prefer not to use a last name, are selling the building and are likely calling it quits. A sign was placed in the window earlier this week announcing "everything must go."

Marty Millionaire opened at Queen and Spadina in 1967 and moved to its present cyan-coloured location 11 years later. The store, an icon of Corktown, sells one-of-a-kind pieces of furniture and supplies movie and stage shows with set dressing, often at "benevolent" rates during the offseason.

Marty says he and his brother are considering retiring, but that they may keep the business going in another location, if one can be found. They are also open to selling the company and its remaining stock within the industry.

As for the future of the building, no one, not even Marty, seems quite sure about what the potential new owners have in store.

"The jury's out but the verdict hasn't been made," he says.

Chris Bateman is a staff writer at blogTO. Follow him on Twitter at @chrisbateman.