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Historic Gilroy Restaurant Opportunity
For Sale
$1,575,000
Pending

55 5th St, Gilroy, CA 95020

Unique restaurant space in a historic brick building.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market152

Property Features for 55 5th St

General Information

Standard status Pending
Lot size 0.07 Acres
Property subtype Commercial

Building Details

Year Built 1920
Stories 2
Listing Agency: RENZ & RENZ
Listed By: Christian Renz · License #01911413
Source: Elliman
Added: Mar 24 Changed: Aug 8 Last Checked: Aug 21 at 1:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RENZ & RENZ

Investment Insights

Based on property information with market context.

Located in Downtown Gilroy at 55 5th Street, this historic brick building, formerly the city's fire station, has been adapted into a restaurant space. The property features a full commercial kitchen, two bars, two walk-in refrigeration units, three restrooms, and multiple dining areas. First and second-floor outdoor seating areas enhance the dining experience. A new warranted TPO roof was installed in February 2025. Structural reinforcements have been added. Ample nearby parking is available. The property is positioned 25 miles south of San Jose with excellent freeway access and is under consideration as a future high-speed rail stop between San Francisco and Los Angeles. Seller financing is possible with attractive terms. The property offers upside potential for revitalization.

Key Highlights

  • Seller financing available with attractive terms.
  • Prime downtown location in a historic brick building**, formerly Gilroy's fire station.
  • Equipped with a full commercial kitchen, two bars, two walk‑in refrigeration units, and three restrooms.**

Property Analytics

Current Use

The Old Firehouse Tour Operator Station 55 Restaurant Station 55 Seafood ... Restaurant

Suggested Use

Top Pick Garden Center Pet Grooming Service (Bike/Boat/Book/etc) Store Electrical Service Pet Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,537
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 84% Shops & Services 12% Home Improvements & Furnishings 3%
Jack in the Box Dining
12,407 visits/mo 0.5 miles
Puerto Vallarta Dining
4,961 visits/mo 0.4 miles
BMO Harris Bank Shops & Services
1,851 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
697 visits/mo 0.4 miles
Ferguson Home Improvements & Furnishings
661 visits/mo 0.5 miles

Demographics for 95020, CA

68,090
Population
20,679
Households
3.3
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
151.8 sq mi
ZIP Area
449
Density / Sq Mi
$134,242
Median Household Income
$50,421
Median Earnings
$2,256
Median Rent
$1,005,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Elegant Events and Catering 865 greenwich dr, gilroy, ca 95020
  • Kneaded Bakery and Catering 290 Ioof Ave, Gilroy, CA 95020

Frequently Asked Questions

What type of property is this?
Restaurant - Unique restaurant space in a historic brick building.
Where is this restaurant located?
The property is located at 55 5th St Gilroy, CA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Seller financing available with attractive terms.; Prime downtown location in a historic brick building**, formerly Gilroy's fire station.; Equipped with a full commercial kitchen, two bars, two walk‑in refrigeration units, and three restrooms.**
More about this property
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