217 Colfax Avenue

Grass Valley, CA95945

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!

Listing courtesy of Shaye M Blazer of COMPASS



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Data last updated at: 2026-01-10 12:34 AM UTC