Conventional Restaurant

Grafton, IA Conventional Restaurants for Sale

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Upgraded Restaurant and Bar
Updated: Oct 9, 2025
Upgraded Restaurant and Bar

306 3rd ST, Grafton, IA 50440

$149,900
Restaurant and bar property built in 1960
Roof improvements and updated electrical systems
Remodeled interior with concrete and vinyl flooring
Added outdoor patio for seasonal use
Restaurant contents and food inventory in coolers and freezer included
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Grafton, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Gas Station With Lighted Canopy
Gas Station With Lighted Canopy

1400 14th St NW, Austin, MN 55912

$1,250,000
5,052 sqft

Convenience retail property combines fuel service, a leased fast-food restaurant, and billboard income.

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Remodeled Restaurant with Overhead Doors
Remodeled Restaurant with Overhead Doors

30 E State St, Mason City, IA 50401

Contact for pricing
10,310 sqft

Three levels include restaurant improvements, an unfinished upper floor, and lower-level storage.

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Restaurant Building with Covered Parking
Restaurant Building with Covered Parking

501 W Oakland Avenue, Austin, MN 55912

$239,900
0.14 AC lot

Existing restaurant building with forced-air heat, covered parking, and ramp access.

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Family Restaurant Building
Family Restaurant Building

1327 N Federal, Mason City, IA 50401

$150,000

Existing restaurant property offered with the building and operating equipment included.

View details

Grafton, IA Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Grafton, IA on our real estate platform.

Sale prices for conventional restaurants in Grafton, IA average $149,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 275
Population Growth (5Y) -50.6%
Median Household Income $58,750
College Educated 19.8%

High-Yield Neighborhoods for Investment

Identify Grafton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50440 $149.9K

Taxes & Financing

Tax Rate (average for all types) 2.05%
Property Tax per SF $13.24 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

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