406 E Adams St - Storefront Retail/Residential FOR SALE


Springfield, IL 62701- Downtown Springfield
$260,000 USD
217-547-6650
406 E Adams St, Springfield, IL for Sale
$260,000 USD
Storefront Retail/Residential - FOR SALE
1/21
null | Request Cap Rate

NEW


406 E Adams St
Springfield, IL 62701
Downtown Springfield


HIGHLIGHTS

  • Prime Downtown Location
  • Consistent Pedestrian Traffic
  • Extensive Improvements (2017-2024)
  • Ideal for Bar/Taproom
  • Light Kitchen Capability (2nd FL)
  • Strong Tourism Anchors Nearby

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$260,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Craft Brewery & Taproom

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,052 SF

ZONING

S-3

APN/PARCEL ID

14-34.0-107-003

ASK ABOUT THIS PROPERTY

Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

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Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.