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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
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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 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 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!

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.09

Town/City

Grass Valley

County/Region

Nevada

MLS | Web ID

225066273
Features
General
Sewer Public Sewer
Heating Central Natural Gas
Cooling Evaporative Cooler
Utilities Cable Available DSL Available Phone-Multi Wiring Hot Water Internet Available Master Meter(s) Sewer Connected Natural Gas Connected
Roof Cement Composition Other
Construction Materials Block Brick Concrete Wood Masonry
Year Built 0
Electric 220 Volts
Stories Count 1
Topography Level
Location Neighborhood Commercial City Public Transportation Nearby Downtown Commercial Residential Area Restaurant Nearby Freeway Nearby Shopping Center Nearby
Business Type Restaurant Food & Beverage
Accessibility AccessibleApproachwithRamp AccessibleKitchen
Business Name Diegos
County Nevada
Property Type BusinessOpportunity
Building Features 8-10 Ft Ceilings 11-15 Ft Ceilings Kitchen Facilities Landscaping Outside Sign Reception Area Rest Room(s)-Private
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
MLS Area 13105
Lot Size Square Feet 3920.0
Property Condition Exterior-Good Interior-Good
Lease Renewal Y/N N
Standard Status Active
Total Actual Rent 0
Ownership Type Partnership
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Interior
Walls Sheetrock Concrete Block Wood Plaster
Flooring Concrete Concrete Slab
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Exterior
Parking Features Public Street Lighted
Lot Features Landscape Misc Curb(s) Curbs/Gutters Sidewalk Sidewalk/Curb/Gutter Street Lights Landscape Back Landscape Front
Water Source Water District Public
Total Parking 0.0
Inclusions Accounts Receivable Building License Name Fixtures & Equipment Real Estate Goodwill Inventory
Foundation Details Block Concrete ConcretePerimeter Slab
Building Area Total 2508.0
Lot Size Acres 0.09
Lot Size Source Assessor Auto-Fill
Road Frontage Type City Street Freeway Exposure Highway Exposure
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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
See complete school information
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. The property's zip code is 95945 which is in Grass Valley, CA

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