Alloro Ristorante's downtown Grass Valley dining room is heading for its final service, with the longtime Italian spot set to close after dinner on March 30, 2026. The change comes after the Bank Street building that houses the restaurant was sold. The current team plans to finish out the month, then hand the keys to a new restaurant group that aims to keep an Italian focus while adding daytime lunch service under a new name. The shift winds down a long run for the family operation and tees up a fresh daytime option in the historic district.
According to reporting by The Union, Diego Torres confirmed that the property has been sold, although the buyers have not been publicly identified. The outlet notes that Alloro will stop serving customers after March 30, 2026, closing out its tenure in the space before the new operators step in.
Alloro’s Place on Bank Street
Alloro has operated out of a restored Victorian at 124 Bank Street for years, offering dinner service in a setting that blends small-town charm with white-tablecloth formality. The restaurant lists its hours and reservation details on its own site, where guests are directed to call (530) 273-3555 for bookings and other information, per Alloro's website. Alloro also shows up in the city’s official food and business listings, a small but telling sign of its role in downtown dining and nightlife, according to the City of Grass Valley.
Buyers Plan to Keep the Food, Add Lunch
As reported by The Union, the incoming restaurant entity intends to continue serving Italian cuisine, building on what Alloro established rather than starting from scratch. The new team also plans to expand hours with lunch service, giving downtown Grass Valley an extra daytime option. Torres told the paper that family members will be involved in the new management, and that while the concept will carry a different name, that name has not yet been announced.
Property and Price Background
Before the sale, the Bank Street building had been listed for $895,000 in commercial real estate postings. A listing for 124 Bank Street on LoopNet describes a three-story mixed-use Victorian with a dedicated dining area, upper-level units, and roughly a dozen parking spaces. Those features help explain why the property would draw interest from buyers looking to keep a restaurant in place.
What Diners Need to Know
Alloro's last scheduled service is set for March 30, 2026, and guests who want to book a final meal or confirm plans are advised to call (530) 273-3555 for the latest details, according to Alloro's website. The new operators have not yet shared a reopening timeline, lunch hours or the restaurant’s future name, so diners can expect more updates as the handoff gets closer.
