The building at 710 Red River St. has been sold to new owners who are terminating the venue’s lease.

AUSTIN, Texas — After 17 years, Downtown Austin music venue Valhalla will be closing its doors.

In a social media post on Saturday, the venue’s owner announced the closure, saying the building at 710 Red River St. had been sold to new owners who were terminating the lease.

“It’s hard to write one’s own obituary, but in this rare case I have that opportunity,” owner Seth Levy wrote.

Levy said with 60 days remaining on the lease, Valhalla’s last day will be Oct. 26.

“We’re hoping to maybe just get till Halloween, we’ll see. Fingers crossed,” he wrote.

The dive bar, known for hosting punk, metal and alternative music acts, opened in November 2009.

Levy said he has lived in Austin since 1995. Before opening Valhalla, he worked at Flamingo Cantina, followed by Room 710 in 2000, then Elysium in 2006.

“While there I cooked up this idea to open Valhalla,” Levy said. “For the last 30 plus years I’ve had the best seat in Austin for local, national and international bands. This scene can be magical. The local talent is and has been some of the best and literally the soundtrack of most of my life.”

The venue still has some days left open for shows before the closure, Levy said.

“So, 59 days, I’m sure I’ll shed my fair share of tears in the coming days as I see so many dear friends and regulars and reflect on past times but we’ve got 59 days to make a few more memories,” he wrote. “The stories that are in the walls of 710 red river are my stories and your stories. I’ll miss them.”