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    Grafton, IA
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    Grafton, IA Restaurants for Sale

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    Saint Ansgar, IA Osage, IA Mason City, IA Northwood, IA Nora Springs, IA Rudd, IA Glenville, MN Rockford, IA
    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
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Grafton, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    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.

    View details
    Mixed-Use Diner with Apartment
    Mixed-Use Diner with Apartment

    721 Main St, Osage, IA 50461

    $295,000
    1,716 sqft

    Operating diner with an updated dining room, commercial kitchen, and furnished residential space above.

    View details
    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
    Bowling Alley, Restaurant, and Apartment
    Bowling Alley, Restaurant, and Apartment

    3689 Highway 218, Osage, IA 50461

    $300,000
    10,960 sqft

    Established bowling alley, restaurant/bar, and apartment for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Interstate Commercial Development Land
    Interstate Commercial Development Land

    21133 775th St, Albert Lea, MN 56007

    $975,000
    6.50 AC lot

    Commercial land with IDD zoning, utility availability, and direct connectivity to Interstate 35 and East Main Street.

    View details

    Off-Market Properties in Grafton, IA

    Consider similar Off-Market properties in Grafton, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    306 3rd St
    RESTAURANT

    306 3rd St, Grafton, IA 50440-7559

    Estimated value:
    $235,000
    2,672 sqft 0.12 AC lot
    View details

    Grafton, IA Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Grafton, IA on our real estate platform.

    Sale prices for restaurant properties 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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