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$1,600,000
47 Days On Site

217 Colfax Avenue
Grass Valley, CA 95945

For Sale|Business|Active
0
Beds
0
Total Baths
2,508
SqFt
$638
/SqFt
County:
Nevada
217 Colfax Avenue217 Colfax Avenue217 Colfax Avenue217 Colfax Avenue
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Monthly Payment (Est.)

$7,300
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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 restaurant it'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 foot traffic and street exposure, this freestanding property features two beautifully charming indoor dining spaces and an inviting outdoor patio dining area nestled amongst it's magical gardens. The restaurant's highlights are it's fully equipped front open grill, 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 to life, this is a rare opportunity to own a piece of Grass Valley history with 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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Listing Snapshot
Price 
$1,600,000
Days On Site 
47 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,508 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.09 Acres
Year Built 
N/A
MLS® Number 
225066273
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.09
Cross Street 
Hwy 174
Foundation 
BlockConcrete PerimeterSlab
Number Of Stories 
1
Parking 
LightedOn Street
Property Sub Type 
Business
Sewer 
Public Sewer
SqFt Total 
2508
Utilities 
Natural Gas AvailableCable AvailableNatural Gas Connected
Water Source 
Public
Zoning 
Commercial
Interior Features
Electric 
220 Volts
Flooring 
Concrete
Heating 
Natural GasCentral
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Exterior Features
Construction Details 
Wood SidingBlockBrickConcrete
Lot Features 
Level
Road Frontage 
City Street
Roof 
CompositionOther
Community Features
Accessibility Features 
Accessible EntranceAccessible Approach with RampAccessible Kitchen
Financing Terms Available 
CashConventional
MLS Area 
13105
Listing courtesy of Compass



All measurements and all calculations of the area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify the accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList® may not reflect all real estate activity in the market. All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination. Terms of Use
Last checked 2025-07-07 03:03 PM PDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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