Detroit Bar, Known For Fluctuating Beer Prices, Closes Down

DETROIT — A Detroit bar that was known for its up and down beer prices permanently closed down, according to a social media post.

The Detroit Beer Exchange, opened in summer 2021 at 1260 Washington Blvd., and was known for its beer prices that moved up and down like stock prices. The prices varied based on supply and demand, with occasional "crashes" that would bring every beer to its lowest price for five minutes.

The bar's lower-level Grand River Ballroom and Shorty Bell's Pizza are also closed.

The Detroit bar was opened by the owner who owns the Kalamazoo Beer Exchange, which is still open.

"Dear Detroit, with a heavy heart, we must say goodbye to the city we love so much," The Beer Exchange wrote in an Instagram post. "It’s been our pleasure to have served you, if only for a few years. We are grateful to leave this little piece of Detroit in better shape than we found it and are hopeful and excited for what’s to come next to the southeast corner of Grand River Avenue and Washington Boulevard."