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Faits saillants de l'investissement
- Rare Offering
- 2 Walk In Coolers
- 2022 Appraised at $2,369,000
- Full Commercial Kitchen
- New Roof 2025
- Discounted based on condition
Résumé de l'annonce
Investment Summary:
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, Gilroy is a thriving community of over 58,000 residents with a median age of 36, a
median household income of $131,554, and a median property value of $975,800. Renowned for its Garlic Festival, Gilroy
Premium Outlets, Gilroy Gardens Family Theme Park, and access to more than 20 wineries and tasting rooms along the Santa Clara Valley Wine Trail, Gilroy continues to grow and attract new opportunities. Seize this chance to invest in Downtown
Gilroy’s renaissance and craft an unforgettable destination at 55 5th Street.
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, Gilroy is a thriving community of over 58,000 residents with a median age of 36, a
median household income of $131,554, and a median property value of $975,800. Renowned for its Garlic Festival, Gilroy
Premium Outlets, Gilroy Gardens Family Theme Park, and access to more than 20 wineries and tasting rooms along the Santa Clara Valley Wine Trail, Gilroy continues to grow and attract new opportunities. Seize this chance to invest in Downtown
Gilroy’s renaissance and craft an unforgettable destination at 55 5th Street.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
5 040 pi²
Classe d’immeuble
C
Année de construction
1920
Prix
2 143 843 $ CAD
Prix par pi²
425,37 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,65
Taille du lot
0,07 AC
Zone de développement économique
Oui
Zonage
C1 - Commercial Général
Façade
45’ sur 5th St
Commodités
- Accès 24 heures
- Lot de coin
- Aire de restauration
- Restaurant
- Affichage
- Puits de lumière
- CVCA contrôlé par le locataire
- Climatisation
- Balcon
Walk Score®
Très pratique à pied (88)
Bike Score®
Très cyclable (82)
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 799-50-007 | Évaluation des bâtiments | 433 452 $ CAD |
| Évaluation du terrain | 176 733 $ CAD | Évaluation totale | 610 185 $ CAD |
Impôts fonciers
Numéro de lot
799-50-007
Évaluation du terrain
176 733 $ CAD
Évaluation des bâtiments
433 452 $ CAD
Évaluation totale
610 185 $ CAD
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Vue depuis la rue
Rue
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Présenté par
55 5th St
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