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Broad Class C License, Liquor Store, And Bar 45-47 Franklin Street, Bloomfield, NJ 07003
Shopping Center - Restaurant
Business Opportunities (Other)
Property Description
Bar & Market Hub
Presenting a unique opportunity to acquire a rare property that combines a fully licensed bar, retail space, and the infrastructure for a working kitchen—all under one roof. This location offers a rare Broad Class C liquor license, providing tremendous flexibility to serve both food and alcohol onsite while also creating a destination for entertainment and community gatherings. For an operator with vision, this license alone opens the door to a range of profitable concepts ranging from a neighborhood tavern, sports bar, or live music venue to a culinary-driven gastropub.
Currently configured as a bar with an adjacent store, the flow of the space encourages multiple revenue streams. The retail component can be repositioned for carry-out sales, specialty food offerings, or even packaged beverage sales, creating a synergy between the front-of-house and tavern operations. The combination allows an operator to not only capture customers looking for a social experience, but also those seeking convenience and quick purchases—an advantage not typically found in stand-alone restaurant or bar properties.
Equally compelling is the existing kitchen space, which offers the framework for a full culinary program once restored and modernized. By updating it to meet today’s standards, a new operator can elevate the food and beverage experience, creating a vibrant atmosphere that attracts regular clientele and draws in new visitors. With thoughtful renovation, the kitchen can once again serve as a backbone for the business, enhancing both dine-in and takeout offerings.
From an investment perspective, the property is positioned to become a local staple. The versatility offered here—liquor sales, food service, and retail—encourages creativity and provides resiliency against changing market trends. For an entrepreneur seeking a destination business, this is an exceptional foundation on which to build.
Core's is in it's third generation of operation and ownership, one family built and owned it since 1936. Bring the vision, this is your dream property.
Area Description
Prominent corner location at 45-47 Franklin Street in Bloomfield, NJ, offering exceptional visibility and strong traffic counts at a busy intersection. Situated in a well-established neighborhood with steady foot and vehicle traffic, this address provides excellent exposure and accessibility for any business concept.
Highlights
Core's Tavern was established in 1936, by Enrico Core. Enrico built a legacy 80 years ago in the heart of Bloomfield, NJ. In the events of 1929, Enrico received parts of the back bar at the Waldorf Astoria Hotel at Fifth Avenue and 33rd street in New York City, when the hotel closed down from the unfortunate events of the Great Depression. After the ban on the importation and transportation of alcoholic beverages in 1933, Enrico built his dream bar by October of 1936 at Franklin Avenue and Watsessing Avenue. Since then, Cores Tavern became a land mark of memories. From the beautiful structure to the memories of the beautiful times that flow in the tavern, Core's is that special place.
Full Address: 45-47 Franklin Street, Bloomfield, NJ 07003
Listing Type: FOR SALE
Status: Active
Building Class: C
Zoning: R-2B
Region: E-NE
County: Essex County
Use Type: Bar, Liquor Store, Restaurant
Business Type: Bars/Taverns
Property ID: 4085753
Building Sf: 2450
Number Units: 1
Number Buildings: 1
Year Built: 1936
Free Standing: Yes
Tenancy Type: Single-Tenant
Core's Tavern was established in 1936, by Enrico Core. Enrico built a legacy 80 years ago in the heart of Bloomfield, NJ. In the events of 1929, Enrico received parts of the back bar at the Waldorf Astoria Hotel at Fifth Avenue and 33rd street in New York City, when the hotel closed down from the unfortunate events of the Great Depression. After the ban on the importation and transportation of alcoholic beverages in 1933, Enrico built his dream bar by October of 1936 at Franklin Avenue and Watsessing Avenue. Since then, Cores Tavern became a land mark of memories. From the beautiful structure to the memories of the beautiful times that flow in the tavern, Core's is that special place.