---
listing_id: ME225066239
status: Active
price: 1600000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 2508
sqft_lot: 3920
lot_acres: 
year_built: 
property_type: Commercial Sale
property_subtype: 
address: "217 Colfax Ave"
city: Grass Valley
state: CA
zip: 95945
county: "Nevada County"
lat: 39.2158446
lng: -121.0590624
days_on_market: 337
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Shaye Blazer"
list_office: "Compass"
list_agent_phone: "(530) 802-1282"
list_agent_license: 01429525
mls_source: REMTRO
modified: 2025-06-05
transaction_type: buy
---

Home | Nevada County | Grass Valley | 95945 | 217 Colfax Ave

217 Colfax Ave, Grass Valley, CA 95945

MLS: ME225066239 | Status: Active | Price: $1,600,000
Beds/Baths: – / –
Property Type: Commercial Sale

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
2,508 3,920

Remarks

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!

MLS Listing Information

Field Value
MLS # ME225066239
MLS Source MetroList Services, Inc.
Days on Site 337

Features

Interior Features

Feature Details
Flooring Concrete, Varies
Cooling Evaporative Cooler
Heating Central Forced Air, Gas - Natural

Exterior Features

Feature Details
Roof Flat
Foundation Block, Concrete Perimeter, Slab, Concrete Perimeter and Slab

Parking, School, and Other Information

Feature Details
Zoning Commercial

Commercial Information

Feature Details
# Buildings / # Units 1 / 0
Loading Facility DoorDriveIn
Parking Spaces 0
Present Use Food Service, Retail
Utilities Natural Gas Available

Contact Information

Shaye Blazer
Compass
License #: 01429525
Phone: (530) 802-1282

Property Units

# Buildings # Leased Units # Total Units
1 0

School Ratings

School data provided by GreatSchools.org

Nearby Schools

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 0.46 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 1.53 mi 10
Early Childhood Education public UG 1.53 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
Deer Creek Elementary School public K-3 2.93 mi 6
Earle Jamieson Educational Options public 7-12 2.97 mi N/A
Nevada County Special Education School public K-8 2.98 mi N/A
Seven Hills Intermediate School public 4-8 3.14 mi 7

Nearby Homes

Address Price Beds Baths Sq Ft Status
10973 Rough and Ready Hwy $1,700,000 1,248 Active
640 E Main St $1,495,000 10,828 Active

Disclosures

©2026 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.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of June 05, 2025. For the most current information, please contact Shaye Blazer, (530) 802-1282.