2,508 sqft
$1,600,000
217 Colfax Avenue, Grass Valley CA, 95945
Price per sqft$637.96
Built in1965
Property size2,508 sqft
Property typeCommercial
Overview
Active
Listed May 17, 2025
Updated Jul 3
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 its 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-in fridges 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. Visit diegosrestaurant.com to learn more about why it means so much to purchase this unique building and profitable restaurant. Better yet, stop on in to eat and feel the love!
Additional information
- MLS® ID
- 20251002
Interior Features
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.09 Acres
Other Property Details
- View
- Yes
Listed by COMPASS, Shaye M Blazer,
Listing Contact: 530-581-1882
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Data last updated 2:34 AM UTC, 7/3/2026