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!
MLS #
ME225066273
MLS Source
MetroList Services, Inc.
Days on Site
3
Parking Spaces
0
Utilities
Natural Gas Available, Water - Public
Flooring
Concrete
Cooling
Evaporative Cooler
Heating
Central Forced Air, Gas - Natural, Hot Water
Roof
Composition, Concrete, Other
Foundation
Block, Concrete Perimeter, Slab
Sewer
Public Sewer
Zoning
Commercial
217 Colfax Ave is a Business Opportunity in Grass Valley, CA 95945. This 2,508 square foot property sits on a 3,920 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,600,000 and was built in –.
This address can also be written as 217 Colfax Ave, Grass Valley, CA 95945.©2025 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of May 22, 2025. For the most current information, please contact Shaye Blazer, (530) 802-1282