55 5th St - Restaurant FOR SALE


Gilroy, CA 95020
$1,825,000 USD
408-665-9391
55 5th St, Gilroy, CA for Sale
$1,825,000 USD
Restaurant - FOR SALE
1/26
null | Request Cap Rate

55 5th St
Gilroy, CA 95020


HIGHLIGHTS

  • Rare Restaurant Offering
  • 2 Bars, 2 Walk In Coolers, 3 Bathrooms
  • Structurally Reinforced in 2004
  • Appraised for $2,369,999 in 2022
  • Discounted from appraised value due to need of renovation
  • New Roof February 2025

OVERVIEW

This historic property was once the Gilroy Fire Station but has been an operating restaurant for decades. The property features a full commercial kitchen, 2 bars, 2 walk in refrigeration units, 3 bathrooms, multiple dining areas, 1st and 2nd floor outdoor seating and much more! New Warranted TPO Roof professionally installed February 2025!

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$366 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

C1

APN/PARCEL ID

799-50-007

ASK ABOUT THIS PROPERTY

Christian RenzRenz & Renz Investment & Commercial BrokerageMore Info
408-665-9391

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Christian RenzRenz & Renz Investment & Commercial BrokerageMore Info
408-665-9391

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.