Bank Owned Properties For Sale

Bank Owned Commercial Properties available for sale on the #1 commercial real estate marketplace online

Search for Bank Owned Property or Commercial Real Estate on LoopNet.com

Bank Owned Properties Currently for Sale

Welcome to the LoopNet.com Bank Owned Property page. Browse our inventory of current Bank Owned Commercial Properties available for sale. Listed are current short sales, REO properties and commercial foreclosure listings.

LoopNet is the top site for commercial real estate online and operates the most heavily trafficked website for bank owned properties. LoopNet has more than $425 billion worth of commercial real estate posted for sale and around 6.3 billion sq ft of commercial real estate space for lease. LoopNet hosts a community of over 7 million members. Many of these real estate professionals specialize in bank owned properties, making LoopNet not only a hub for the best finds in real estate but specifically property that is now owned by a bank.

Below are the available Bank Owned Properties on LoopNet.com.

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Bank Owned Property - Absolute Auction of Bank Owned .67±acre Tract
Bank Owned Property - Absolute Auction of Bank Owned .67±acre Tract
Falmouth, Massachusetts 02540ABSOLUTE AUCTIONS No Minimums - No Reserves Bank Owned Buildings and Properties in 9 States September 22nd - October 9th, 2014 Selling Onsite...
  • Residential (land)
Bank Owned Property - Bank Owned - Wacca Wache Marina
Bank Owned Property - Bank Owned - Wacca Wache Marina
Murrells Inlet, South Carolina 29576Full Service Marina with 97 wet slips, dry-stack building with 135 racks for indoor storage of vessels, haul and launch services with fork truck,...
  • Marina
Bank Owned Property - 698 West MacClenny Retail - Strip Center
Bank Owned Property - 698 West MacClenny Retail - Strip Center
Macclenny, Florida 32063Bank Owned new to market. This retail center is a 16,203 sq ft building located on 62,726 sq ft (1.44 AC) of area. Built in 1987 and zoned as CG...
  • Strip Center
Bank Owned Property - BANK OWNED FORMER GAS STATION
Bank Owned Property - BANK OWNED FORMER GAS STATION
Stephentown, New York 12168SELLING ON BEHALF OF THE FDIC. 5,600 SF GAS STATION AND MINI-MART WITH THREE BEDROOM OWNER'S RESIDENCE ON SECOND FLOOR. PROPERTY IS CURRENTLY...
  • Service/Gas Station
Bank Owned Property -
Bank Owned Property - 2620 BRIDGE LANE
Woodstock, Illinois 60098PRICE REDUCED*PROPERTY IS BANK OWNED AND READY TO SELL*EXCEPTIONAL CLASS "A" 7368 SQ FT OFFICE/WAREHOUSE BLDG IN PRISTINE CONDITION*4800 SQ FT IS...
  • Office-Warehouse
Bank Owned Property - Bank REO Industrial with Overhd Dr | Former Studio
Bank Owned Property - Bank REO Industrial with Overhd Dr | Former Studio
Chicago, Illinois 60639Bank Owned Recording Studio - TV / Audio & Video buildout for Multi-media creative types who are looking for first rate acoustic design and...
  • Flex Space
Bank Owned Property - 1706 Northeast 8th Avenue, Gainesville, FL 32641
Bank Owned Property - 1706 Northeast 8th Avenue, Gainesville, FL 32641
Gainesville, Florida 32641Bank Owned/ Motivated Seller Zoned MU-1 - mixed use, store, office, residential
  • Office Building
Bank Owned Property - BANK OWNED AUCTION: 26 Acres Raw Land
Bank Owned Property - BANK OWNED AUCTION: 26 Acres Raw Land
Milledgeville, Georgia 31061BANK OWNED REAL ESTATE AUCTION And Other Secured Parties FL, GA, NC & SC September 17 & 18, 11:00 A.M. Online Bidding Available! 39 Properties...
  • Commercial/Other (land)
Bank Owned Property - BANK OWNED AUCTION: Commercial Land
Bank Owned Property - BANK OWNED AUCTION: Commercial Land
Jasper, Georgia 30143BANK OWNED REAL ESTATE AUCTION And Other Secured Parties FL, GA, NC & SC September 17 & 18, 11:00 A.M. Online Bidding Available! 39 Properties...
  • Commercial/Other (land)
Bank Owned Property - BANK OWNED AUCTION: 11 Residential Lots
Bank Owned Property - BANK OWNED AUCTION: 11 Residential Lots
Ellijay, Georgia 30536BANK OWNED REAL ESTATE AUCTION And Other Secured Parties FL, GA, NC & SC September 17 & 18, 11:00 A.M. Online Bidding Available! 39 Properties...
  • Residential (land)
Bank Owned Property - BANK OWNED AUCTION: Agricultural Land
Bank Owned Property - BANK OWNED AUCTION: Agricultural Land
Homer, Georgia 30547BANK OWNED REAL ESTATE AUCTION And Other Secured Parties FL, GA, NC & SC September 17 & 18, 11:00 A.M. Online Bidding Available! 39 Properties...
  • Agricultural
Bank Owned Property - BANK OWNED AUCTION: Apartment Building
Bank Owned Property - BANK OWNED AUCTION: Apartment Building
Austell, Georgia 30106BANK OWNED REAL ESTATE AUCTION And Other Secured Parties FL, GA, NC & SC September 17 & 18, 11:00 A.M. Online Bidding Available! 39 Properties...
  • Mid/High-Rise
Bank Owned Property - BANK OWNED OFFICE BLDG, RIO RANCHO
Bank Owned Property - BANK OWNED OFFICE BLDG, RIO RANCHO
Rio Rancho, New Mexico 87124Custom constructed builders headquarters building located in New Mexico Business Tech Center. Office with small warehouse and yard. 5,826 SF...
  • Office Building
Bank Owned Property - 562 East Lake Street
Bank Owned Property - 562 East Lake Street
Harbor Springs, Michigan 49740For Sale Bank Owned - 0.12 +/- Acre Vacant Residential Condominium Lot located within the Arboreal Condominium Association. Utilities are...
  • Residential (land)
Bank Owned Property - 558 East Lake Street
Bank Owned Property - 558 East Lake Street
Harbor Springs, Michigan 49740For Sale Bank Owned - 0.13 +/- Acre Vacant Residential Condominium Lot located within The Arboreal Condominium Association. Utilities are...
  • Residential (land)
Bank Owned Property - 556 East Lake Street
Bank Owned Property - 556 East Lake Street
Harbor Springs, Michigan 49740For Sale Bank Owned - 0.12 +/- Acre Vacant Residential Condominium Lot located within The Arboreal Condominium Association. Utilities are...
  • Residential (land)
Bank Owned Property - 4,022 SF - BANK OWNED DUPLEX - FOR SALE
Bank Owned Property - 4,022 SF - BANK OWNED DUPLEX - FOR SALE
West Palm Beach, Florida 33407The property was totally renovated in 2001, significantly reducing the effective age. A new roof was installed and all windows were replaced. ...
  • Duplex/Triplex/Fourplex
Bank Owned Property - COMMERCIAL REDEVELOPMENT OPPORTUNITY
Bank Owned Property - COMMERCIAL REDEVELOPMENT OPPORTUNITY
Kalamazoo, Michigan 49048COMMERCIAL REDEVELOPMENT OPPORTUNITY - 9,425 SF retail center on .78-acre corner lot on Riverview Drive in Kalamazoo. Well located near Walgreen's...
  • Retail (land)
Bank Owned Property - Bank Owned Lots on Jetton Rd
Bank Owned Property - Bank Owned Lots on Jetton Rd
Cornelius, North Carolina 28031Highlights: Bank owned lots ready for development with zoning in place. Located on Jetton Rd near Greentree Financial Center. Lots are part of the...
  • Office (land)
Bank Owned Property - Bank Owned Lots on Jetton Rd
Bank Owned Property - Bank Owned Lots on Jetton Rd
Cornelius, North Carolina 28031Highlights: Bank owned lots ready for development with zoning in place. Located on Jetton Rd near Greentree Financial Center. Lots are part of the...
  • Office (land)
Bank Owned Property - Downtown Opportunity
Bank Owned Property - Downtown Opportunity
Gulfport, Mississippi 39501Bank owned 2-story office building, foreclosed during construction. Steel construction. Roof and rear wall has extensive damage. THE site for...
  • Office Building
Bank Owned Property - FORMER DIAMOND CREEK COUNTRY STORE
Bank Owned Property - FORMER DIAMOND CREEK COUNTRY STORE
Three Rivers, Michigan 49093AVAILABLE FOR SALE - This 15,750 SF former Diamond Creek Country Store is located on the busy US-131 retail corridor in Three Rivers. This...
  • Free Standing Bldg
Bank Owned Property - 6,448 SF Bank Owned - Office Bldg FOR SALE
Bank Owned Property - 6,448 SF Bank Owned - Office Bldg FOR SALE
West Palm Beach, Florida 33407This two-story 6,448 sf multi-tenant commercial office building consists of 5,286 square feet on the main floor and 1,162 square feet on the...
  • Office Building
Bank Owned Property - Bank Owned Lots on Jetton Rd
Bank Owned Property - Bank Owned Lots on Jetton Rd
Cornelius, North Carolina 28031Highlights: Bank owned lots ready for development with zoning in place. Located on Jetton Rd near Greentree Financial Center. Lots are part of...
  • Office (land)
Bank Owned Property - Newer Construction In East Brainerd
Bank Owned Property - Newer Construction In East Brainerd
Chattanooga, Tennessee 37421BUYER TO VERIFY SQUARE FOOTAGE. Beautiful nearly new BANK OWNED home tucked away in private wooded area off Standifer Gap Road. Gleaming hardwoods...
  • Single-Unit (SFR/Condo)
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Bank Owned Properties on LoopNet.com

When a bank acquires a property the mortgage loan no longer exists. The bank will take care of any evictions that are necessary and sometimes pay for repairs or general upkeep. The bank will negotiate with the IRS to get rid of tax liens and other debts. Depending on the details, investing in bank owned properties could be a very wise investment because so many tasks have already been taken care of. LoopNet's advanced search tool helps you find the most valuable investments.

Bank owned properties change hands several times before moving into bank ownership. These properties usually have repossession, foreclosure and mortgage woes in their past. Because of all these issues it can be difficult to determine how much a property should actually cost. LoopNet users can specify their price range, preferred lot size and property type. They can even narrow down property results based on property history by indicating when the buildings were established or browsing its property records.

With so many properties available it's pivotal that the search feature is strong and efficient. Multifamily, Office, Industrial, Retail, Land, Agricultural, Hotel & Motel, Senior Housing, Health Care, Sport & Entertainment, Special Purpose and Residential Income properties are all available. These are a few search features that will be especially powerful with queries in bank owned properties:

  • Location
    The advanced search options feature a location tool. This allows you to zoom in on certain areas and browse the property prices in that location. LoopNet users will be able to compare the price of the bank owned properties with other properties near that address. Using this tool, buyers can be sure that their property is on par with or lower than local prices.
  • Only Property Auctions
    You can activate this search criterion to exclusively view property auctions. Many banks own large portfolios of property. If a bank is deciding to auction off a chunk of their assets then this tab will be the first to find those events. Savvy brokers and first-time buyers alike win deals everyday in property auctions. It can be a powerful investment to keep track of property auctions occurring in your area.
  • Price Range
    Bank owned properties can be especially difficult to price. There is no guarantee on where a pricing from a bank will fall in respect to a property's actual market value. The price range tool lets you easily specify the amount you are willing to invest and not be tempted to go beyond your means.

LoopNet's more than nearly 800,000 commercial properties create an expansive and powerful database for you to navigate. The advanced search features help to focus search and discover the perfect investments for you, whether it be bank owned properties or one of the many other property types that LoopNet offers.

Recent Bank Owned Property Sales Comps

LoopNet's RecentSales is a cost effective and timely source for obtaining sold, leased or off-market Bank Owned Property transaction comps.

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