Off Market

217 Colfax Avenue, Grass Valley, CA 95945

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

ID
3462850
Type
Business Opportunity
Parking
No
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 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!

Last checked: 4 hours ago
Listing updated: May 18, 2026, 11:00 am
Listed By: Shaye M Blazer, Compass
Source: MLS Metrolist, MLS#:225066273

Map Location

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

Walk Score

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MetroList CA data Last Updated: May 18, 2026, 11:00 am
Data Source: SACM
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