217 Colfax Avenue, Grass Valley, CA 95945

$1,600,000

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List Price
$1,600,000
MLS#
226094698
Status
ACTIVE
Type
Single Family Residential
Zip
95945
City
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!

Additional Information

Land Area (Acres)
0.09
Year Built
1965
Subtype
Mixed Use
Construction
Block, Brick, Concrete, Stucco, Frame, Wood
Foundation
Block, Slab, Concrete, Concrete Perimeter
Garage
Open, Public, Lighted
Floor Coverings
Combo of Materials, Concrete, Concrete Slab
Cooling
Evaporative Cooler
Heat
Central, Natural Gas
Water
Meter on Site, Water District
Utilities
Above Ground, Cable Available, Sewer Connected, Internet Available, Primary Gas Meter, Underground Utilities, Natural Gas Connected
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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