Bank Owned Properties For Sale

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

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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 - Income-Producing Medical Office Building
Bank Owned Property - Income-Producing Medical Office Building
East Moline, Illinois 61244Multi-Tenant Income-Producing Medical/Office Building Long Term Lease With GSA (Veterans Administration) Stabilized Income Stream with Value-Add...
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$950,000
23,484 SF
N/A
Office
Office Building
Bank Owned Property - 5399 Maysville Rd
Bank Owned Property - 5399 Maysville Rd
Commerce, Georgia 3052937+ acres of open land on state hwy, approximately 1 mile from, I-85. Convenient to Tanger. Bank owned with special bank financing available.
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$309,673
37.31 Acres
Land
Residential (land)
Bank Owned Property - 32 Bath Borough Townhouse lots
Bank Owned Property - 32 Bath Borough Townhouse lots
Bath, Pennsylvania 18014DEVELOPMENT OPPORTUNITY/BANK OWNED - 32 Townhouse lots. Total site is 4.89 acres includes three parcels K6-4-5C-0503, K6-4-5D-0503, &...
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$900,000
4.89 Acres
Land
Multifamily (land)
Bank Owned Property -
Bank Owned Property - 1517 N Nova Rd
Holly Hill, Florida 321172006 built drive-thru restaurant located on major 4 lane road with exceptional ingress and egress near signalized intersection. This 1,245sqft...
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$475,000
1,245 SF
N/A
Retail
Restaurant
Bank Owned Property - Bank Owned REO: Vacant Office Building
Bank Owned Property - Bank Owned REO: Vacant Office Building
Vancouver, Washington 98661INVESTMENT HIGHLIGHTS - Bank Owned REO Asset - Low Price Per Square Foot - Ideal for Owner/User - Abundant Parking with Approximately 14 Spaces -...
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$325,000
3,734 SF
N/A
Office
Office Building
Bank Owned Property - Broadway Diner
Bank Owned Property - Broadway Diner
Pennsville, New Jersey 08070Bank owned Diner with additional property in the rear. 50 Parking Spaces. Property is in Shell Condition. Exterior Brick is in good shape.
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$420,000
2,200 SF
N/A
Retail
Restaurant
Bank Owned Property -
Bank Owned Property - 3116 S Main St
Akron, Ohio 44319Location, Location, Super Location! Large warehouse block and brick building. Front building has tenant. Fabulous commercial opportunity. Office...
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$189,900
20,000 SF
N/A
Industrial
Warehouse
Bank Owned Property - Rincon Market Place
Bank Owned Property - Rincon Market Place
Rincon, Georgia 31326Multiple tenant strip center currently occupied by three tenants including a full service, sit-down (southern style) restaurant, national home...
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Not Disclosed
12,400 SF
10.00%
Retail
Street Retail
Bank Owned Property - 824SF OFFICE/RETAIL CONDO FOR SALE
Bank Owned Property - 824SF OFFICE/RETAIL CONDO FOR SALE
West Dundee, Illinois 60118BANK OWNED--"AS IS." Chalet Style Condo Unit, 824SF approx on 3 floors. Two baths in unit with a kitchenette. This unit is located within minutes...
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$37,500
834 SF
N/A
Office
Office Condo
Bank Owned Property - BANK OWNED Turnkey Restaurant
Bank Owned Property - BANK OWNED Turnkey Restaurant
Woonsocket, Rhode Island 02895Bank Owned 6,232 SF turn key restaurant built in 2005. Restaurant is spread out over two levels with a bar on each plus an outdoor patio. Fully...
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$479,000
6,232 SF
N/A
Retail
Restaurant
Bank Owned Property - 4.57 Acres-4 Parcels For Development!
Bank Owned Property - 4.57 Acres-4 Parcels For Development!
Hugo, Minnesota 550384.57 Acres of Commercial land for Development. Bank-owned/REO. 4 Parcels & PIDs: 2903121210016, 2903121220008, 2903121220006, 2903121220005. Zoned...
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$649,600
0.42 - 1.68 Acres
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Commercial/Other (land)
Bank Owned Property -
Bank Owned Property - 97 E Bremer Ave
Waverly, Iowa 50677Bank owned and priced for immediate Sale! Current Tenant on month-month lease and willing to extend. Also available to owner/user.
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$89,000
1,452 SF
6.22%
Retail
Street Retail
Bank Owned Property - Bank Owned Property - 2.208 Acres in Fort Mill, SC
Bank Owned Property - Bank Owned Property - 2.208 Acres in Fort Mill, SC
Fort Mill, South Carolina 29708Bank owned property. Selling by order of Colony Bank. 2.208+/- Acres of Vacant Land. One of the few remaining multi-family sites in Fort Mill...
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Not Disclosed
2.20 Acres
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Commercial/Other (land)
Bank Owned Property - REO development opportunity
Bank Owned Property - REO development opportunity
Shallotte, North Carolina 28470Bank owned 9.5 acres zoned R-7MF (multi-family) just to the right of the entrance of Brierwood Estates Golf Course located minutes from Ocean Isle...
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$325,000
9.56 Acres
Land
Residential (land)
Bank Owned Property - Railroad Mini-Storage
Bank Owned Property - Railroad Mini-Storage
Long Beach, Mississippi 39560108 Personal Storage Units plus one commercial building and 2 single family houses. Buildings are vacant. Approximately 10 storage units are...
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$179,500
15,000 SF
N/A
Special Purpose
Special Purpose (Other)
Bank Owned Property - 2.24 acres Hernando
Bank Owned Property - 2.24 acres Hernando
Hernando, Mississippi 38632Bank owned 2.24 acres zoned commercial in Hernando Industrial Park. Property is located next door to the new Desoto County jail. Level lot ready...
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$199,000
2.24 Acres
Land
Commercial/Other (land)
Bank Owned Property - Industrial lot for sale Springfield, MO
Bank Owned Property - Industrial lot for sale Springfield, MO
Springfield, Missouri 65803One of two bank owned Industrial lots for sale on E Kerr in Johnston Industrial Park subdivision. This lot is 1.44 ac and is paved.
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$220,000
1.44 Acres
Land
Industrial (land)
Bank Owned Property - 1.68 ac  industrial land -Springfield, MO
Bank Owned Property - 1.68 ac industrial land -Springfield, MO
Springfield, Missouri 658031.67 acre Bank owned industrial lot for sale, already paved. One of two lots for sale on Kerr. This lot is in Johnston Industrial Park 1st...
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$220,000
1.67 Acres
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Industrial (land)
Bank Owned Property - 3125 E Service Road
Bank Owned Property - 3125 E Service Road
Ceres, California 95307Bank owned building pad at one of Ceres busiest intersections near Mitchell Road and Freeway 99
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$380,000
1.36 Acres
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Retail-Pad (land)
Bank Owned Property - BANK OWNED - FORMER RESTAURANT FOR SALE
Bank Owned Property - BANK OWNED - FORMER RESTAURANT FOR SALE
Joliet, Illinois 60432Former McBrody's Restaurant for sale. Great opportunity to revive a former restaurant space that is ideally located downtown Joliet and across...
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$245,000
2,436 SF
N/A
Retail
Restaurant
Bank Owned Property -
Bank Owned Property - 112 Spring St
Newton, New Jersey 07860BANK OWNED! Motivated seller. Mix used retail with 3 apartments. two units rented unit 1 $550 per month Unit 2 650 per month plus ground floor...
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$199,000
4,299 SF
N/A
Retail
Street Retail
Bank Owned Property - Imperial Glass
Bank Owned Property - Imperial Glass
Cleveland, Ohio 44127AUCTION- March 14th, 12P (NOON). This is a bank owned property. Industrial Warehouse. There are 2 tenants still in the bldg. Preview will be...
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Not Disclosed
11,752 SF
N/A
Industrial
Warehouse
Bank Owned Property - 6 unit apartment building Richton Park
Bank Owned Property - 6 unit apartment building Richton Park
Richton Park, Illinois 60471Six unit income apartment building with good cash flow potential. Property in decent repair, bank owned.
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$324,900
6,230 SF
6
14.00%
Multifamily
Garden/Low-Rise
Bank Owned Property - Pine Hill Lotto & Food
Video
Bank Owned Property - Pine Hill Lotto & Food
Orlando, Florida 32808Orlando area property is 2600 Square Foot free standing convinient store plus 1000 square foot rental unit, located in one of the bussiest street...
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$675,000
3,600 SF
N/A
Retail
Service/Gas Station
Bank Owned Property - Bank Owned Warehouse / Vehicle Related
Video
Bank Owned Property - Bank Owned Warehouse / Vehicle Related
Millen, Georgia 30442Property is a 6,000 sqft former automotive shop. Road has been widened to a five lane road. The building would be good for that use or as...
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Not Disclosed
6,000 SF
N/A
Retail
Vehicle Related

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About LoopNet.com

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.

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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