Millman Team Real Estate

$1,575,000
0.07 Acre Lot

55 5th Street, Gilroy, California 95020

  • Commercial Sale Property Type
  • 1920 Year Built
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.

Basic Details
Commercial Sale
For Sale
ML82039126
$1,575,000
1920
0.07 Acre
Active
: Other, Flat
Features
$0
Address Map
CA
Santa Clara
Gilroy
95020
5th
55
Street
W122° 25' 47.3''
N37° 0' 30.1''
699 - Not Defined
C1
Additional Information
$0
$0
$0
$0
$0
5040
: Commercial
2026-03-18
2
: Public
Broker/Agent Information
Renz & Renz
Christian Renz
Financial
1.0
Listing Information
ML477967
ML38669
Active
2026-03-18T16:37:09Z
CRMLS
2026-03-18T02:23:15Z
Agent info
Ray Millman
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