450 Colfax Ave
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
Reach out to the broker for more info on lease terms and amenities
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Contacts
Tucker Commercial
Tucker Commercial
Location
- City Grass Valley, CA
- Zip Code 95945
- Market Sacramento
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Walk score 76/100 Very Walkable
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Bike score 52/100 Bikeable
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
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Property Financials 450 Colfax Ave is currently listed for sale at $769,000 for a price per square foot of $178.51.
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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.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 76, indicating that it is very walkable.