307 3rd Street Grafton, IA ^$ 23,900

307 3rd Street

^$ 23,900

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Recently Listed

307 3rd Street

Grafton, IA, 50440

^$ 23,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 147

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Commercial Property for sale in Grafton, IA

for $23,900. This building was built in 1921 on a lot size of 0.09.

A small town money making opportunity. This main street building was originally a bank. Main level is ready for your imagination - as commercial space or potential living space. Upper level is already set up as a generous sized apartment. Property needs rehab, but offers a great place to start. Great value with a lot of upside. Check it out for yourself.

Commercial Active

Price

^$ 23,900

Property Type

Commercial

Taxes

^$ 434

Style

Mixed Use

Lot Size

0.09

Year Built

1921

Town/City

Grafton

County/Region

Worth

MLS | Web ID

6336360

Features

General

Sewer City Sewer/Connected

Heating Other

Cooling None

Utilities None

Garage Spaces 0

Architectural Style Mixed Use

Construction Materials Block

Year Built 1921

Tax Year 2024

Current Use Commercial Residential

Accessibility None

County Worth

Property Type Commercial Sale

Contingency None

Possible Use Income Office Professional/Office Retail Other

Status Active

Directions 307 3rd St Grafton IA

Association Name NCIR

Open Parking Spaces 0

Number Of Units Total 2

Lot Size Units Acres

Lot Size Square Feet 3920.4

Tax Annual Amount 434

Living Area Units Square Feet

Standard Status Active

Legal Description Per legal of record.

Interior

Basement Unfinished

Exterior

Parking Features Outside

Water Source Public

Lot Dimensions 29 x 140

Lot Size Acres 0.09

* Excluded Features

List By

Matt Wolff

Listing Agent

Lake-Iowa Realty

Broker

641-357-6123

Contact

Affordability Calculator

$183

Per Month

Monthly Principal & Interest: $147
Monthly Property Taxes: $36
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Grafton, IA

Average List Price ^$23,900

Percent of Sale Price 0%

About Grafton, IA

191 Population

-14% Since 2002

^$46,176 Median Income

46.65 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
3/14/2026	$23,900		Listed Price

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307 3rd Street, Grafton, IA, 50440 is a Commercial Property for sale at $23,900 with a lot size of 0.09. 307 3rd Street was built in 1921. The property's zip code is 50440 which is in Grafton, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 3/15/2026.

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307 3rd Street

Commercial Property for sale in Grafton, IA

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