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217 Colfax Avenue

Grass Valley, CA 95945
  • $1,600,000
  • STATUS: Active
  • ON SITE: 240 Days
  • MLS #: 225066239
UPDATED: 41 min ago
$1,600,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,508
    SQFT
  • $638
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1965
County:
Area:

School Ratings & Info

Description

An iconic opportunity in the heart of historic Grass Valley - Diego's Restaurant and its prime 2,500 sq ft commercial building are officially on the market! This turnkey, well-loved establishment is more than a restaurantit's a local staple known for it's vibrant eclectic atmosphere, loyal clientele, strong local following and unique Chilean inspired South American cuisine. Now,both the business and the real estate are available in a rare all-in-one offering! Situated on a high-visibility lot with ample foottraffic and street exposure, this freestanding property features two beautifully charming indoor dining spaces and an invitingoutdoor patio dining area nestled amongst it's magical gardens. The restaurant's highlights are it's fully equipped front opengrill, waitress station, along with a large commercial kitchen space, separate dessert & baked goods prep area, two walk-infridges and multiple pantries. Whether you're looking to continue the legacy of Diego's or bring your own culinary vision tolife, this is a rare opportunity to own a piece of Grass Valley historywith the stability of owning the building and land especially in one of Nevada County's most charming and fast-growing communities. Stop by for a bite to eat and come feel the love yourself!

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Metrolist MLS logo © 2026 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2026-01-18T14:39:48.037. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.yubasutterproperties.com/homes/164108270
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217 Colfax Avenue Grass Valley, CA 95945

  • Price: $1,600,000
  • Status: Active
  • On Site: 240 Days
  • Updated: 41 min ago
  • MLS #: 225066239
0
Beds
0
Baths
0
½ Baths
0.09
Acres
2,508
SQFT
$638
$/SQFT
1965
Built
Neighborhood:
Grass Valley
County:
Nevada
Area:
Grass Valley
Property Description
An iconic opportunity in the heart of historic Grass Valley - Diego's Restaurant and its prime 2,500 sq ft commercial building are officially on the market! This turnkey, well-loved establishment is more than a restaurantit's a local staple known for it's vibrant eclectic atmosphere, loyal clientele, strong local following and unique Chilean inspired South American cuisine. Now,both the business and the real estate are available in a rare all-in-one offering! Situated on a high-visibility lot with ample foottraffic and street exposure, this freestanding property features two beautifully charming indoor dining spaces and an invitingoutdoor patio dining area nestled amongst it's magical gardens. The restaurant's highlights are it's fully equipped front opengrill, waitress station, along with a large commercial kitchen space, separate dessert & baked goods prep area, two walk-infridges and multiple pantries. Whether you're looking to continue the legacy of Diego's or bring your own culinary vision tolife, this is a rare opportunity to own a piece of Grass Valley historywith the stability of owning the building and land especially in one of Nevada County's most charming and fast-growing communities. Stop by for a bite to eat and come feel the love yourself!
Exterior Features

Construction Materials BlockBrickConcreteFrameStuccoWood Dock Doors 0 Foundation BlockConcreteConcretePerimeterSlab Loading Drive-In Lot Features Landscape MiscCurb(s)Curbs/GuttersSidewalkSidewalk/Curb/GutterStreet LightsLandscape BackLandscape Front Num Of Floors 0 Parking Features OpenPublicLighted Road Frontage Is AccessibleCity StreetFreeway ExposureHighway Exposure Roof Flat Total Parking Spaces 0 Walls SheetrockConcrete BlockWood

Interior Features

Cooling Evaporative Cooler Flooring Combo of MaterialsConcreteConcrete Slab Heating CentralNatural Gas Office Sq Ft 0 Retail Sq Ft 0 Warehouse Sq Ft 0

Property Features

Accessibility Features AccessibleApproachwithRampAccessibleKitchen Building Features 1 Restroom Per UnitUnder 12 Ft CeilingsManager's Office12 to 18 Ft CeilingsPatioPole SignReception AreaCold StorageRefrigerationRestroom(s)-PrivateServer RoomTrade FixturesKitchen FacilitiesLandscapingSee Remarks Business Type Restaurant Current Use Restaurant Electric 220 VoltsSeparate Electric Meter Income Includes See Remarks Lease Deposit 0 Location NeighborhoodDowntownRestaurant NearbyShopping Nearby Operating Expense Includes Employee(s) SalaryInsuranceUtilitiesOther Property Condition Exterior-GoodInterior-Good Property Subtype Retail Property Type CommercialSale Special Listing Conditions None Structure Detached Tenant Pays None Utilities Above GroundCable AvailableSewer ConnectedInternet AvailableTelephoneMaster Gas MeterUnderground UtilitiesNatural Gas Connected Water Source Meter on SiteWater District Year Renovated 0 Zoning Commercial

Metrolist MLS logo Listing provided courtesy of Compass: . Listing information © 2026 MetroList Services, Inc.


Metrolist MLS logo © 2026 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2026-01-18T14:39:48.037. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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