55 5th ST, Gilroy, CA 95020

$1,575,000

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Listed by Christian Renz, 408-846-1031 from Renz & Renz
(If provided) CoList: from

List Price
$1,575,000
Closing Date
Jul 20, 2026
MLS#
ML82039126
Status
PENDING (DO NOT SHOW)
Lot Size
3,049
Listing Area
Morgan Hill / Gilroy / San Martin
Year Built
1920

Property Description

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.

Additional Information

Amenities
Floor Drain, Skylight, Wet Bar
Cooling System
Other
Days On Market
Unknown
Floor Covering
Hardwood, Laminate, Vinyl / Linoleum, Other
Foundation
Other
Garage Parking
On Street, Parking Area, Other
Heating System
Other
Lot Size
3,049
Neighborhood
Morgan Hill / Gilroy / San Martin
Other Utilities
Public Utilities
Present Use
Business/Professional, Commercial, Food Service, Mixed, Office, Retail, Tavern/Bar
Roof
Flat / Low Pitch, Other
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
C1

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