“Tobacco Road,” the storied blues-bar and one-time gambling den, which claims to hold the oldest liquor license in the city of Miami, shutdown after one last hurrah Saturday night.

Developers purchased the bar’s 99-year-old building and much of the surrounding block for $12.5 million in 2012. They gave the Tobacco Road’s current owners, Patrick Gleber and his partners, a three-year lease lease to wind up the business. The developers, which include a Colombian auto executive, have a permit to demolish the premises, but they have not yet submitted any plans for what would replace it, the Miami Herald reports.

“Tobacco Road was the people. It was the employees. It was the musicians,’’ Gleber told the Herald. “Am I going to miss the building? Yes. What made it great? Everyone who walked in the door made it great.’’

Though its origins reach back decades further, Tobacco Road in its current form rose to prominence in the early 1980s, when it became recognized as one of the country’s foremost blues and roots-rock venues. The bar featured a beloved house band, Iko-Iko, who wowed crowds with their unique mash-up of blues and New Orleans “swamp music.”

“It’s like someone’s died,’’ Iko-Iko’s leader, Graham Wood Drout, told the Herald. “I’ve gone through all the stages — grief, anger, resignation, all of it.’’

The stories, legends, and myths about the “Road” are numerous, but the truth is even more fun. In its ode to the bar, the Herald recounts how an overzealous doorman once turned away supermodel Cindy Crawford because she lacked proper ID (he let her in once she got back from her limo with her driver’s license). The bar also hosted a phone call from sitting President George H.W. Bush, an honor few dive bars can claim. He dialed in to congratulate the federal prosecutors who had just convicted Manuel Noriega. Naturally, the feds were partying in the Road’s private, upstairs room.

“What made Tobacco Road great was its casualness, the people from all walks of life who let their hair down, relax, and drank side by side,” Mark Weiser, Tobacco Road’s longtime talent coordinator, told Reuters.