406 East Adams Street, Springfield, IL 62701 For Sale

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).

Location Description

Strategically located along Adams Street, the property benefits from strong foot traffic and visibility within the popular “Adams Street Family” business district. It sits directly along the route of the award-winning Old Capitol Farmers Market that has drawn consistent seasonal and weekend traffic since 1999. Downtown Springfield offers a dynamic mix of tourism and local activity, anchored by major attractions such as the Abraham Lincoln Presidential Library & Museum, Lincoln Home National Historic Site, and the Old State Capitol. The area is further enhanced by a growing arts and entertainment scene, courtesy of the Hoogland Center for the Arts, Levitt AMP Springfield Music Series, and Pharmacy Gallery among others. Future development initiatives, including the Downtown and Medical District Master Plan implementation and the potential $200M expansion of the BOS Convention Center with an adjacent hotel, are expected to further drive traffic, connectivity, and long-term growth in the immediate area.