Property Details
About this Property
SELLER FINANCING POSSIBLE - Attractive Terms Discover a truly unique investment opportunity at 55 5th Street in Downtown Gilroy. This historic brick building, once home to the city's fire station, has been adapted into a vibrant restaurant space for decades yet remains ripe for an inspired new vision. Inside, the property is teeming with character and functionality. A full commercial kitchen, two bars, two walk-in refrigeration units, three restrooms, and multiple dining areas accommodate a roster of culinary concepts. Patrons can savor meals or drinks al fresco, thanks to first and second-floor outdoor seating that brings a lively energy to the historic downtown streetscape. Investors will appreciate the balance of historic charm and practical upgrades, including a new warranted TPO roof installed in February 2025, ensuring weather resilience, while prior structural reinforcements add long-term peace of mind. With ample nearby parking, and placement well below appraised value, this property offers a significant upside for those ready to breathe new life into a beloved local landmark. Positioned 25 miles south of San Jose with excellent freeway access and under consideration as a future high-speed rail stop between San Francisco and Los Angeles.
MLS Listing Information
MLS #
ML82039126
MLS Source
MLSListings, Inc.
Days on Site
5
Commercial Information
Parking Spaces
1
Present Use
Business/Professional, Commercial, Food Service, Mixed, Office, Retail
Utilities
Public Utilities, Water - Public
Interior Features
Flooring
Hardwood, Laminate, Other, Vinyl/Linoleum
Cooling
Other
Heating
Other
Exterior Features
Roof
Flat, Other
Foundation
Other
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
C1
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
55 5th St is a Commercial Sale in Gilroy, CA 95020. This 5,040 square foot property sits on a 3,049 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,575,000 and was built in 1920. This address can also be written as 55 5th St, Gilroy, CA 95020.
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This listing information is up-to-date as of March 18, 2026. For the most current information, please contact Christian Renz, (408) 846-1031
