55 5th St | Gilroy, CA 95020
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- LoopNet Team
55 5th St
Gilroy, CA 95020
Restaurant/Bar - Seller Financing Available · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand-new warranted TPO roof was installed in February 2025, along with prior structural reinforcements, providing excellent long-term durability.
- Priced below the appraised value of $2.37M (2022), allowing investors to capture significant upside potential by reimagining this Downtown Gilroy gem.
- Equipped for future restaurant operations with a commercial-grade kitchen, two bars, multiple dining areas, and two levels of outdoor seating.
- Two nearby convenient surface parking lots provide hassle-free access for guests and support customer traffic and repeat business.
- Rare opportunity to own a historic brick property, offering built-in character from Gilroy’s original fire station and local legacy appeal.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,980 SF
Building Class
C
Year Built/Renovated
1920/2004
Tenancy
Single
Building Height
2 Stories
Building FAR
1.63
Lot Size
0.07 AC
Zoning
C1 - General Commercial
Frontage
45’ on 5th St
AMENITIES
- 24 Hour Access
- Corner Lot
- Food Court
- Restaurant
- Signage
- Skylights
- Tenant Controlled HVAC
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | 799-50-007 | Improvements Assessment | $318,441 |
| Land Assessment | $129,839 | Total Assessment | $448,280 |
PROPERTY TAXES
Parcel Number
799-50-007
Land Assessment
$129,839
Improvements Assessment
$318,441
Total Assessment
$448,280
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