217 Colfax Avenue, Grass Valley, CA 95945
- $1,600,000
- List Price
- $1,600,000
- MLS#
- 226095069
- 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 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!
Additional Information
- Land Area (Acres)
- 0.09
- Subtype
- Business Opportunity
- Construction
- Block, Brick, Concrete, Wood, Masonry
- Foundation
- Block, Slab, Concrete, Concrete Perimeter
- Stories
- 1
- Garage
- Public, Street, Lighted
- Floor Coverings
- Concrete, Concrete Slab
- Cooling
- Evaporative Cooler
- Heat
- Central, Natural Gas
- Water
- Water District, Public
- Utilities
- Cable Available, DSL Available, Hot Water, Internet Available, Sewer Connected, Primary Meter(s), Natural Gas Connected
- Sewer
- Public Sewer
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Listing courtesy of Compass.
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 .