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  1. Commercial Properties
  2. CA
  3. Grass Valley

450 Colfax Ave

For Sale

450 Colfax Ave, Grass Valley, CA 95945

Tucker Commercial is pleased to present 450 Colfax Avenue — a high-quality ±4,308 SF two-story commercial building on ±0.27 acres directly across from Grass Valley’s Memorial Park. Originally built in 1933, the property underwent a studs-up remodel in 2008–2009 with all infrastructure replaced — roof, HVAC, gutters, and sewer — pairing stone-and-timber character with modern systems throughout.

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 terrace overlooking Memorial Park. The ground floor offers a second large open room with stained concrete floors and exposed timber, 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 parking lot (±5.1 spaces per 1,000 SF) is a rarity this close to downtown.

With oversized gas service, substantial electrical capacity, floor drains, dedicated kitchen ventilation, and a Kohler standby generator already in place, the building is ideally suited for a restaurant — while flexible NEC zoning makes it equally well suited to a variety of retail and office uses, or residential conversion of up to four units, in a corridor that continues to draw steady reinvestment a short walk from downtown Grass Valley. 

Building Details

  • For Sale $769,000
  • Property Type Retail
  • Property Size 4,308 SF
  • Lot Size 0.27 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 22
  • Parking Ratio 5.10 / 1,000 SF
  • Year Built 1933
  • Date Updated Sep 18, 2026
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Contacts

TT
Tyson Tucker

Tucker Commercial

JB
Jon Blinder

Tucker Commercial

Location

  • City Grass Valley, CA
  • Zip Code 95945
  • Market Sacramento
  • Map
  • Street
  • Walk score 76/100 Very Walkable
  • Bike score 52/100 Bikeable
Powered by Walk Score ®

Points of Interest

Colfax

9.64 miles

Chevron

0.43 miles

76

0.47 miles

Shell

0.91 miles

Quik Stop

0.98 miles

Tesla Supercharger

1.17 miles

Arco

1.72 miles

Speedway

1.73 miles

Cardlock: 133 Lower Grass Valley Road

2.69 miles

Grass Valley Park And Ride

0.40 miles

Cascade Canal Trail Parking

3.48 miles

Willo parking

3.71 miles

Penn Valley Road Park And Ride

6.18 miles

Coyote Outlook Trailhead

7.59 miles

Pleasant Valley Park And Ride

8.09 miles

North Lot Bridgeport

9.21 miles

South Yuba River State Park

9.23 miles

Stevens Trail Parking Lot

9.48 miles

South Yuba Trailhead

9.82 miles

BackPorch Market

0.34 miles

Safeway

0.49 miles

Natural Selection

0.63 miles

Raley's

1.05 miles

Pine Creek Shopping Center

1.06 miles

JCPenney

1.10 miles

McKnight Crossing Shopping Center

1.13 miles

Target

1.19 miles

SPD Market

1.21 miles

Briar Patch Food Co-Op

1.38 miles

Listing Summary

  • Property Financials

    450 Colfax Ave is currently listed for sale at $769,000 for a price per square foot of $178.51.

  • Property Details

    450 Colfax Ave totals 4,308 square feet of Retail space on a lot spanning 0.27 acres. The property was initially built in 1933.

    There are a total of 22 parking spaces available onsite, with a parking ratio of 5.10 / 1,000 SF.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 76, indicating that it is very walkable.

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