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Former Craft Brewery & Taproom 406 E Adams St 3,740 SF Retail Building Springfield, IL 62701 $355,404 CAD ($95.03 CAD/SF)



Investment Highlights
- Prime Downtown Location
- Extensive Improvements (2017-2024)
- Light Kitchen Capability (2nd FL)
- Consistent Pedestrian Traffic
- Ideal for Bar/Taproom
- Strong Tourism Anchors Nearby
Executive Summary
Coldwell Banker Commercial Devonshire Realty (CBCDR) is pleased to present a unique opportunity to acquire a former craft brewery and taproom property located in the heart of the “Adams Street Family” corridor in Downtown Springfield, IL. The former Buzz Bomb Brewing Co. property features a two-story masonry building with a full unfinished basement, extensively renovated between 2017 and 2024. The property is set up well for a new bar, brewery, or hospitality concept with much of the infrastructure already in place. The first floor (1,820 SF) includes a fully built-out bar and seating area, a production room, and two ADA-compliant restrooms. The bar is equipped with a 3-compartment sink, handwashing sink, and walk-in cooler with tap lines, including updated glycol and CO2 systems. The second floor (1,920 SF) offers additional seating areas, a secondary bar with a 3-compartment sink and handwashing sink, two restrooms, and a small kitchen equipped with a small range hood, 3-compartment sink, handwashing sink, and above grade grease interceptor. Notable enhancements include an EPDM rubber roof and exterior stucco improvements (2024), glass garage door entrance, custom shelving, extensive electrical upgrades, including a new exterior panel and 240 V service + lighting throughout, flooring, CAT5 cabling throughout, structural reinforcements to support prior brewery operations (all in 2017), and updated plumbing throughout the basement up to the City connection (2018-2021). Furniture and equipment are not included in the offering but may be available for purchase.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,740 SF
Building Class
C
Year Built/Renovated
1900/2024
Price
$355,404 CAD
Price Per SF
$95.03 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.05 AC
Zoning
S-3 - Central Shopping District
Frontage
20’ on E. Adams St
Amenities
- Atrium
- Controlled Access
- Security System
- Signage
- Storage Space
- Air Conditioning
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-34.0-107-003 | Improvements Assessment | $105,249 CAD |
| Land Assessment | $19,572 CAD | Total Assessment | $124,821 CAD |
Property Taxes
Parcel Number
14-34.0-107-003
Land Assessment
$19,572 CAD
Improvements Assessment
$105,249 CAD
Total Assessment
$124,821 CAD
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Former Craft Brewery & Taproom | 406 E Adams St
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