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217 Colfax Avenue Grass Valley, CA $ 1,600,000
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$ 1,600,000 Get more info
217 Colfax Avenue
$ 1,600,000
Back to search
Share Save

217 Colfax Avenue

Grass Valley, CA, 95945
$ 1,600,000
Bedrooms-- Baths-- Sq 2,508

Monthly Estimate*

$ 9,982

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Commercial Property for sale in Grass Valley, CA

for $1,600,000. This 2,508 square foot building was built in 1965 on a lot size of 0.09.

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!

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.09

Year Built

1965

Town/City

Grass Valley

County/Region

Nevada

MLS | Web ID

225066239
Features
General
Heating Central Natural Gas
Cooling Evaporative Cooler
Utilities Above Ground Cable Available Sewer Connected Internet Available Telephone Master Gas Meter Underground Utilities Natural Gas Connected
Roof Flat
Construction Materials Block Brick Concrete Frame Stucco Wood
Year Built 1965
Electric 220 Volts Separate Electric Meter
Tenant Pays None
Stories Count 0
Topography Level
Property Subtype Retail
Current Use Restaurant
Location Neighborhood Downtown Restaurant Nearby Shopping Nearby
Business Type Restaurant
Building Name Diegos
Accessibility AccessibleApproachwithRamp AccessibleKitchen
County Nevada
Property Type CommercialSale
Building Features 1 Restroom Per Unit Under 12 Ft Ceilings Manager's Office 12 to 18 Ft Ceilings Patio Pole Sign Reception Area Cold Storage Refrigeration Restroom(s)-Private Server Room Trade Fixtures Kitchen Facilit
Close Price 0.0
Status Active
Directions From downtown Grass Valley take Hwy 174 East under fwy overpass one block on right.
City Grass Valley
Zoning Description Commercial
Number Of Units Total 0
MLS Area 13105
Lot Size Square Feet 3920.0
Property Condition Exterior-Good Interior-Good
Structure Type Detached
Standard Status Active
Year Built Source Assessor Auto-Fill
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Interior
Walls Sheetrock Concrete Block Wood
Flooring Combo of Materials Concrete Concrete Slab 0
Office Area 0
Total Stories 0
Window Features Window Coverings
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Exterior
Parking Features Open Public Lighted
Lot Features Landscape Misc Curb(s) Curbs/Gutters Sidewalk Sidewalk/Curb/Gutter Street Lights Landscape Back Landscape Front
Water Source Meter on Site Water District
Total Parking 0.0
Foundation Details Block Concrete ConcretePerimeter Slab
Number of Buildings 1
Building Area Total 2508.0
Lot Size Acres 0.09
Lot Size Source Assessor Auto-Fill
Road Frontage Type Is Accessible City Street Freeway Exposure Highway Exposure
Parking Ratio 0.0
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Internal Only
Street Number 1 217
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* Excluded Features
List By
Compass

Broker

shaye@shayeblazer.com

Email

Affordability Calculator

$9,982
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,982
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
295416 Elementary School
295437 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
5/22/2025 $1,600,000 Listed Price

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217 Colfax Avenue, Grass Valley, CA, 95945 is a Commercial Property for sale at $1,600,000 with 2,508 sqft and a lot size of 0.09. 217 Colfax Avenue was built in 1965. The property's zip code is 95945 which is in Grass Valley, CA

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