450 Colfax Ave 4,300 SF Retail Building Grass Valley, CA 95945 $769,000 ($178.84/SF)

Tucker Commercial is pleased to present 450 Colfax Avenue — a ±4,308 SF two-story commercial building on a ±0.27-acre corner lot at Colfax Avenue and Stennett Street, directly across from Grass Valley's Memorial Park. Originally built in 1933 and rebuilt top to bottom in 2008–2009, the property pairs stone-and-timber character with updated systems: roof, HVAC, gutters, and sewer all replaced at the remodel.

The building last operated as a full-service restaurant, and the heavy infrastructure remains in place — oversized gas service, substantial electrical capacity, floor drains, dedicated kitchen ventilation, and a Kohler standby generator that keeps the building running through PG&E outages — a six-figure head start for the next food-service operator. The second floor is an open hall with vaulted ceilings, wide-plank pine floors, and a granite-topped service bar, opening through a wall of glass doors to an oversized wraparound terrace overlooking Memorial Park. The ground floor offers a second large open room with stained concrete floors and exposed timber, plus a roll-up door for easy loading and deliveries, and dedicated storage. Three restrooms serve the two levels, and the concrete-paved 22-space on-site lot (±5.1 spaces per 1,000 SF) is a rarity this close to downtown.

NEC zoning permits a broad range of uses — restaurant, office, retail, or residential conversion of up to four units — in a corridor that continues to draw steady reinvestment, a short walk from downtown Grass Valley.