Date
Details
Price
Change
Source
7/27/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/30
$1,600,000
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Property Description
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!
Full Property Details
Full Property Details for 217 Colfax Ave
General
- Price: $1,600,000
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226094698
- Updated: 7/27/2026
- Added to Site: 31 day(s) ago
Business
- Business Type: Restaurant
Interior
- Flooring: Combo of Materials, Concrete, Concrete Slab
Additional Information
- Other Features: 1 Restroom Per Unit, Under 12 Ft Ceilings, Manager's Office, 12 to 18 Ft Ceilings, Patio, Pole Sign, Reception Area, Cold Storage, Refrigeration, Restroom(s)-Private, Server Room, Trade Fixtures, Kitchen Facilities, Landscaping, See Remarks
Parking
- Parking: Open, Public, Lighted
Location
- County: Nevada
- Cross Streets: Hwy 174
- Driving Directions: From downtown Grass Valley, take Hwy 174 East under fwy overpass, one block on right.
- Location Details: Neighborhood, Downtown, Restaurant Nearby, Shopping Nearby
Heating & Cooling
- Cooling Type: Evaporative Cooler
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Meter on Site, Water District
- Cable Available: Yes
- Utility Description: Above Ground, Cable Available, Sewer Connected, Internet Available, Primary Gas Meter, Underground Utilities, Natural Gas Connected
Structural Information
- # Buildings: 1
- Structure Type: Detached
- Construction: Block, Brick, Concrete, Stucco, Frame, Wood
- Foundation: Block, Concrete, ConcretePerimeter, Slab
- Roof: Flat
- Stories/Levels: 0
- Square Feet: 2,508
- Current Bldg. Use: Restaurant
- Year Built: 1965
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Frontage: Is Accessible, City Street, Freeway Exposure, Highway Exposure
- Irrigation System: Public District
- Topography: Level
- Present Use: Restaurant
- Zoning: Commercial
- Lot Description: Landscape Misc, Curb(s), Curbs/Gutters, Sidewalk, Sidewalk/Curb/Gutter, Street Lights, Landscape Back, Landscape Front
Financial Considerations
- Tenant Pays: None
- Tenant Expense: None
Disclosures and Reports
- Special Conditions: None
- APN: 008-472-024-000
Listed by Compass
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Listing agent
— 217 Colfax Ave —
Compass
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 217 Colfax Ave
| Name | Grades | Distance |
|---|---|---|
Bell Hill Academy 342 S. Sch St., Grass Valley, CA 95945 | K-4 | 0.5 mi |
Lyman Gilmore Middle School 10837 Rough and Ready Highway, Grass Valley, CA 95945 | 5-8 | 0.8 mi |
Margaret G. Scotten Elementary School 10821 Squirrel Creek Road, Grass Valley, CA 95945 | K-4 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 217 Colfax Ave
Tax History
Tax History for 217 Colfax Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,523
—
$111,361
2%
2025
$1,523
4%
$109,179
2%
2023
$1,466
—
$107,040
2%
2023
$1,466
1%
$104,942
2%
2022
$1,456
2%
$102,886
2%
2021
$1,432
-78%
$100,870
1%
2020
$6,568
374%
$99,837
2%
2019
$1,386
—
$97,880
2%
2018
$1,382
3%
$95,962
2%
2017
$1,341
3%
$94,082
2%
2016
$1,305
1%
$92,239
2%
2015
$1,291
1%
$90,855
2%
2014
$1,277
1%
$89,077
—
2013
$1,262
—
$88,676
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 217 Colfax Ave
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- Land Residential
- Active
- Updated 2 days ago
- 159.68Acres
Listed by eXp Realty of Northern California, Inc.
- Single Family
- Active
- Updated 11 hours ago
- 3Beds
- 3Total Baths
- 1,216Sq. Ft.
Listed by eXp Realty of California Inc.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 2,095Sq. Ft.
Listed by RE/MAX Gold
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,480Sq. Ft.
Listed by RE/MAX Gold
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- Land Residential
- Active
- Updated 9 hours ago
- 5.07Acres
Listed by South Fork Realty
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 3Total Baths
- 1,291Sq. Ft.
Listed by A List California Properties
- Single Family
- Active
- Updated 9 hours ago
- 3Beds
- 2Total Baths
- 1,582Sq. Ft.
Listed by Recreation Realty
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 3Total Baths
- 4,256Sq. Ft.
Listed by RE/MAX Gold
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- Single Family
- Closed
- 4,220Sq. Ft.
Listed and Sold by BERKSHIRE HATHAWAY Home Services NorCal Real Estate
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,754Sq. Ft.
Listed by Century 21 Cornerstone Realty
Sold by Made 4 More Realty
Sold by Made 4 More Realty
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 3,413Sq. Ft.
Listed by Century 21 Cornerstone Realty
Sold by Nick Sadek Sotheby's International Realty
Sold by Nick Sadek Sotheby's International Realty
- Multi-Family
- Closed
- 3Total Beds
Listed by Century 21 Cornerstone Realty
Sold by Coldwell Banker Grass Roots Realty
Sold by Coldwell Banker Grass Roots Realty
217 Colfax Avenue, Grass Valley, CA 95945 (MLS# 226094698) is a Single Family property with 0 bedrooms and 0 full bathrooms. 217 Colfax Avenue is currently listed for $1,600,000 and was received on July 27, 2026. Want to learn more about 217 Colfax Avenue? Do you have questions about finding other Single Family real estate for sale in Grass Valley? You can browse all Grass Valley real estate or contact a Coldwell Banker agent to request more information.