306 3rd ST Grafton, IA ^$ 149,900

306 3rd ST

^$ 149,900

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Recently Listed

306 3rd ST

Grafton, IA, 50440

^$ 149,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 946

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Commercial Property for sale in Grafton, IA

for $149,900. This building was built in 1960.

Dreaming of being your own boss! Look no further with this turnkey restaurant and bar. Gobblers Roost has been a north Iowa favorite since 1974. Owners have made extensive upgrades and improvements to the building. Not limited to roof, electrical, remodeling of interior and new patio addition for summertime enjoyment. EVERYTHING will be included in the sale right down to the food in the coolers and freezer. List of upgrades and books available to interested parties. Seller will consider a contract sale

Commercial Active

Price

^$ 149,900

Property Type

Commercial

Taxes

^$ 996

Style

Business

Year Built

1960

Town/City

Grafton

County/Region

Worth

MLS | Web ID

6341007

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Separate Heating Separate Hot Water Separate

Garage Spaces 0

Architectural Style Business

Construction Materials Vinyl Siding

Year Built 1960

Tax Year 2025

Current Use Food Service Restaurant Bar/Tavern/Lounge

Accessibility Other

County Worth

Property Type Commercial Sale

Contingency None

Possible Use Lounge/Bar Restaurant

Status Active

Directions Located on the main street in Grafton Gobblers Roost

Open Parking Spaces 2

Number Of Units Total 1

Lot Size Units Acres

Tax Annual Amount 996

Living Area Units Square Feet

Standard Status Active

Legal Description Lot 2 Block 7 Grafton

Interior

Flooring Concrete Slab Vinyl

Exterior

Parking Features Gravel On Street

Water Source Public

Lot Dimensions 38x140

Road Frontage Type City Street

Road Responsibility Public Maintained Road

* Excluded Features

List By

Shannon Anderson

Listing Agent

Re/Max Heartland Realtors

Broker

sanderson@remax.net

Affordability Calculator

$1,029

Per Month

Monthly Principal & Interest: $946
Monthly Property Taxes: $83
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$149,900

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
7/30/2026	$149,900		Listed Price

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306 3rd ST, Grafton, IA, 50440 is a Commercial Property for sale at $149,900. 306 3rd ST was built in 1960. 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 6.49% 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 8/13/2026.

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306 3rd ST

Commercial Property for sale in Grafton, IA

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