55 5th Street, Gilroy, CA 95020
List Price: $1.57M
Listing Status: ActiveUnderContract
0Close Date: 2026-07-15
Days on Market: 70
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1920
Lot Size: 3,049 sq ft
Annual Property Tax: $1
MLS Number: ML82039126
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.
Listing provided by: Christian Renz DRE #01911413 408-846-1031 chris@renzrenz.com, Renz & Renz
Source: CRMLS, MLS #: ML82039126
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.