Home | Nevada County | Grass Valley | 95945 | 217 Colfax Ave
MLS: ME226095069 | Status: Active | Price: $1,600,000
Beds/Baths: – / –
Property Type: Business Opportunity
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 2,508 | 3,920 | – |
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!
| Field | Value |
|---|---|
| MLS # | ME226095069 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Flooring | Concrete |
| Cooling | Evaporative Cooler |
| Heating | Central Forced Air, Gas - Natural, Hot Water |
| Feature | Details |
|---|---|
| Roof | Composition, Concrete, Other |
| Foundation | Block, Concrete Perimeter, Slab |
| Feature | Details |
|---|---|
| Sewer | Public Sewer |
| Zoning | Commercial |
| Feature | Details |
|---|---|
| Parking Spaces | 0 |
| Utilities | Natural Gas Available, Water - Public |
Shaye Blazer
Compass
License #: 01429525
Phone: (530) 802-1282
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Nu Tech High School | public | 9-12 | 0.30 mi | N/A |
| Silver Springs High (Continuation) School | public | 9-12 | 0.38 mi | 2 |
| Bell Hill Academy | public | K-4 | 0.45 mi | 7 |
| Lyman Gilmore Middle School | public | 5-8 | 0.82 mi | 4 |
| Grass Valley Preschool | public | UG | 0.88 mi | N/A |
| Margaret G. Scotten Elementary School | public | K-4 | 1.05 mi | 3 |
| Union Hill Middle | public | 7-8 | 1.35 mi | 7 |
| William & Marian Ghidotti High School | public | 9-12 | 1.50 mi | 10 |
| Early Childhood Education | public | UG | 1.50 mi | N/A |
| Nevada Adult | public | UG | 1.60 mi | N/A |
| North Point Academy | public | 9-12 | 1.68 mi | 7 |
| Nevada Union High School | public | 9-12 | 1.68 mi | 7 |
| Earle Jamieson Educational Options | public | 6-12 | 2.73 mi | N/A |
| Deer Creek Elementary School | public | K-3 | 2.93 mi | 6 |
| Nevada County Special Education School | public | K-8 | 2.98 mi | N/A |
| Seven Hills Intermediate School | public | 4-8 | 3.12 mi | 7 |
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This listing information is up-to-date as of July 28, 2026. For the most current information, please contact Shaye Blazer, (530) 802-1282.