55 5th St - Restaurant FOR SALE
Gilroy, CA 95020 |
55 5th St
Gilroy, CA 95020
HIGHLIGHTS
- Brand-new warranted TPO roof was installed in February 2025, along with prior structural reinforcements, providing excellent long-term durability.
- Two nearby convenient surface parking lots provide hassle-free access for guests and support customer traffic and repeat business.
- Priced below the appraised value of $2.37M (2022), allowing investors to capture significant upside potential by reimagining this Downtown Gilroy gem.
- Rare opportunity to own a historic brick property, offering built-in character from Gilroy’s original fire station and local legacy appeal.
- Equipped for future restaurant operations with a commercial-grade kitchen, two bars, multiple dining areas, and two levels of outdoor seating.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Restaurant/Bar - Seller Financing Available
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Bar, Fast Food
TOTAL BUILDING SIZE
4980
STORIES
2
YEAR BUILT
1920
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
799-50-007
