LACROSSE, Wis. – Considering the price of restaurant-grade stainless steel kitchen appliances these days, somebody got quite a bargain at Red Lobster in the Onalaska mall shopping neighborhood. The whole kitchen, as well as all interior furnishings, went as a single package for $15,000 at an auction. It was an ignominious end for the once-popular Onalaska restaurant and clears the way for something new at the. property. The location across from Valley View Mall  is prime real estate. The auction company didn’t release the names of bidders. Bidding had gone to $11,100 before the final $15,000. The LaCrosse auction was simultaneous with liquidation auctions at 47 Red Lobster locations nationwide that the financially strapped corporate owners closed suddenly.

Earlier: Credit crisis forces major trims at Red Lobster