And Brockdorff said everything must-go, so regulars are invited to take their favorite Tiki kitsch off the walls and home... with the exception of that neon Tiki sign out front.

That will be auctioned off.

"The opening bid is $5," Brockdorff said.

As for the building (and its adjacent parking lot, both of which Brockdorff owns), Brockdorff said he has a standing offer from the city, should the Shockoe Stadium go through, but he's not holding his breath.

"I've waited a year for the city to get the ballpark. I can't wait any longer," he said.

So Brockdorff is accepting offers for the building and lot, too.

Brockdorff still owns On the ROX, the chef-driven, upscale sports bar he opened in 2012 with chef Mike Pendergrast (Richmond Magazine named it one of the best new restaurants of the year) across the street from Tiki's.

He said if there are no offers on the Tiki building, he and Pendergrast have a food-focused concept they're thinking of putting in the space.