The former 2041 Club closed in 2009 after an undercover police investigation into a reported prostitution ring.
Club owner David Henderson was convicted in 2011 on charges of racketeering and running a corrupt organization, two counts of second-degree promoting prostitution and conspiracy to commit promoting prostitution.
Daenekindt purchased the building in 2009 and has rented the space for private events. He initially hoped to open a club featuring exotic dancers, however, his application was denied by the ZBA because a 1995 regulation prevented any additional strip clubs from opening in the city.
The state recently purchased the building housing the Bradley Eatery for $103,000, as part of the preparation to replace the bridge over Sodom Brook.
Daenekindt said he plans to dispute the price the state offered for his building. He declined to disclose the offer, but said it was significantly less than the amount offered for the diner property.
Department of Transportation spokesman Judd Everhart said he could not share the price offered as the issue “is currently in litigation.”
Work on the bridge is expected to start in 2018, Everhart said.
The pawn shop will remain open until Aug. 31, Daenekindt said, and will open on North Broad Street the following day.
“It will be open the day we move,” Daenekindt said. “We won’t close a day.”