Salt Lake City public radio station KCPW is being sold [Video]

Salt Lake City public radio station KCPW is soon to be auctioned off to the highest bidder.

What that means for the station’s format is unclear, although there appears to be little chance it will remain a nonprofit, public broadcaster.

According to a notice from media brokerage firm Patrick Communications, the minimum bid for KCPW-FM 88.3 is $350,000, and bids must be submitted by Oct. 4, next Wednesday. If more than one qualified bid is submitted, an auction is scheduled for Oct. 9.

The sale of the station will include its broadcast license, along with other unspecified assets.

Station management could not be reached for comment.

KCPW’s owner, Wasatch Public Media, was formed by local supporters of public radio in 2008 specifically to buy the station. It paid $2.4 million for the radio station, which was about to be sold to a religious broadcaster. It operated out of trailers on the Westminster College campus until moving to studios at the Salt …