For Sale
New

217 Colfax Avenue, #C, Grass Valley, CA 95945

$1,600,000(Negotiable)
$1,600,000(Negotiable)
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Overview

ID
3511553
Type
Retail
Parking
No
Build Year
1965
Purpose
For Sale

About This Listing

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!

Last checked: 59 minutes ago
Listing updated: July 27, 2026, 7:53 pm
Listed By: Shaye M Blazer, Compass
Source: MLS Metrolist, MLS#:226094711

Map Location

217 Colfax Avenue, #C,95945,Grass Valley,Nevada,CA

Walk Score

All data, photos, visualizations, and information regarding a property, including the property’s compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
MetroList CA data Last Updated: July 27, 2026, 7:53 pm
Data Source: SACM
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