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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 - 5051 Villa Linde Parkway
Bank Owned Property - 5051 Villa Linde Parkway
Flint, Michigan 48532For Sale Bank Owned, 3,349 +/- Square Foot Medical Office Condo Unit built in 1981. Property is zoned O-1 Office District and includes several...
  • Medical Office
Bank Owned Property - 1651
Bank Owned Property - 1651
Chicago, Illinois 60620BANK OWNED SOLD AS-IS, WHERE-IS. CASH OFFERS ONLY. NO ADDENDUM, DISCLOSURES, SURVEY. TAXES PRO-RATED 100%. BRING FLASHLIGHT TO SHOWING
  • Free Standing Bldg
Bank Owned Property - 6341
Bank Owned Property - 6341
Chicago, Illinois 60636BANK OWNED SOLD AS-IS, WHERE-IS. NO DISCLOSURES, ADDENDUMS, SELLER SURVEY. TAXES PRO-RATED AT 100%. CASH OFFERS ONLY
  • Neighborhood Center
Bank Owned Property - 1725
Bank Owned Property - 1725
Melrose Park, Illinois 60160BANK OWNED SOLD AS IS WHERE IS. NO ADDENDUMS, SELLER SURVEY TAXES PRO-RATED AT 100%. EMAIL FOR SHOWING INSTRUCTIONS NO PHONE CALLS PLEASE ALL...
  • Distribution Warehouse
Bank Owned Property - 7203 S ASHLAND
Bank Owned Property - 7203 S ASHLAND
Chicago, Illinois 60636BANK OWNED SOLD AS-IS, WHERE-IS. NO ADDENDUMS, DISCLOSURES OR SELLER SURVEY. TAXES PRO-RATED AT 100%
  • Neighborhood Center
Bank Owned Property - Bank Owned 62 Arce Estate
Bank Owned Property - Bank Owned 62 Arce Estate
Meredith, Colorado 81642Very private residential retreat with a Log Home of 4261 square feet, large wooden deck, mountain views, trees, mountains and peace & quiet. Home...
  • Pasture/Ranch
Bank Owned Property - Bank Owned Liquor Store Albany
Bank Owned Property - Bank Owned Liquor Store Albany
Albany, Georgia 31707Stand Alone Retail Building. Former Liquor store with walk in coolers.
  • Free Standing Bldg
Bank Owned Property - 900 N Pulaski Rd , Chicago, Illinois 60651
Bank Owned Property - 900 N Pulaski Rd , Chicago, Illinois 60651
Chicago, Illinois 60651BANK OWNED, brick, mixed-use property feat. corner/vacant convenient store, 4 apartments (one 2 bedroom and three 1 bedroom units, 2 are currently...
  • Garden/Low-Rise
Bank Owned Property - Viking Professional Park
Bank Owned Property - Viking Professional Park
Fort Walton Beach, Florida 32548Viking Professional Park is BANK OWNED, and is one of the finest Class A Office Parks in all of Fort Walton Beach, Florida. This executive style...
  • Office-Business Park
Bank Owned Property - Hayes Run Plaza
Bank Owned Property - Hayes Run Plaza
Marshall, North Carolina 28753BANK OWNED NEIGHBORHOOD STRIP CENTER: Established community strip center. 3044 SF Restaurant space, 2000 SF former arcade space (both operated...
  • Community Center
Bank Owned Property - 1361 N Garfield Avenue
Bank Owned Property - 1361 N Garfield Avenue
Pasadena, California 91104Bank owned. Cute updated 2 bed SFR on flat corner R3 lot w/235' of street frontage and great curb, on quiet tree lined street. Legal 2 bed, 1 bath...
  • Residential (land)
Bank Owned Property - Waterfront Residential Lot
Bank Owned Property - Waterfront Residential Lot
Middleburg, Florida 32043Beautiful wooded navigable water lot along John Boy Creek. Adjacent to large newer home. Private area with easy access. Waterfront with direct...
  • Residential (land)
Bank Owned Property - Retail Parcel on Rt 29 in Madison County, VA
Bank Owned Property - Retail Parcel on Rt 29 in Madison County, VA
Madison, Virginia 227275.74 Acre Commercial Development Parcel in Madison County. Corner Parcel located directly on s/b Rt 29 on the south side of Campground Lane. +/-...
  • Retail (land)
Bank Owned Property - Hampton Beach, NH MOTEL - STARTING BID $700,000
Bank Owned Property - Hampton Beach, NH MOTEL - STARTING BID $700,000
Hampton Beach, New Hampshire 03842BANK OWNED PUBLIC AUCTION BIDDING STARTS AT $700,000! Sale is subject to confirmation by the lender Hampton Beach Motel 18 Rooms/Suites plus...
  • Economy/Limited Service
Bank Owned Property - 300 Grandview Street
Bank Owned Property - 300 Grandview Street
Pasadena, California 91104Bank owned. 2 classic 1950 houses sold for land value on flat 11,301 sq.ft. R3 lot on quiet tree lined street. Houses are well maintained,...
  • Residential (land)
Bank Owned Property - Irrigated Farm near Malheur Wildlife Reguge
Bank Owned Property - Irrigated Farm near Malheur Wildlife Reguge
Burns, Oregon 97720640± acre farm located in Harney Valley, 16 miles east of Burns, with 530± acres under irrigation. Three bedroom, two bathroom manufactured home,...
  • Agricultural
Bank Owned Property - Highway 50 Commercial Development Site
Bank Owned Property - Highway 50 Commercial Development Site
Shingle Springs, California 95682This 12.86± acre bank-owned development site along Highway 50, located in Shingle Springs, is 40 miles east of Sacramento, and near the historic...
  • Commercial/Other (land)
Bank Owned Property - Industrial Site by I-5 Exit
Bank Owned Property - Industrial Site by I-5 Exit
Saginaw, Oregon 97424This bank-owned 37.38± acre Willamette Valley industrial site has a strategic location at Exit 176 on I-5, is located 16± miles south of Eugene,...
  • Manufacturing
Bank Owned Property - Office Building in Klamath Falls
Bank Owned Property - Office Building in Klamath Falls
Klamath Falls, Oregon 97601This 2,500± square foot, two-story bank-owned office building is located at 189 East Main Street, in Klamath Falls. The property had been used by...
  • Office Building
Bank Owned Property - Two Bank Owned Industrial Buildings
Bank Owned Property - Two Bank Owned Industrial Buildings
Glenwood, Illinois 60425Two industrial buildings totaling 9,702 SF on .88 acre. Building A is 4,047 SF with 2 drive in doors. Building B is 5,655 SF. 2,866 SF of office...
  • Flex Space
Bank Owned Property - Sarasota Office Buildings - 6428 & 6432 Parkland
Bank Owned Property - Sarasota Office Buildings - 6428 & 6432 Parkland
Sarasota, Florida 34243Two office building compound suitable for corporate office, light manufacturing and call center. Each of the buildings are two-story containing...
  • Office Building
Bank Owned Property - East Side Office Condo
Bank Owned Property - East Side Office Condo
Saint Charles, Illinois 60174PRICE REDUCTION: Suite 90 - SALE: 1,587 sq ft office condo features reception/admin area, 1 private office, large conference room (can be divided...
  • Office Building
Bank Owned Property - .98 ACRE IN GROWING AREA BRUNSWICK
Bank Owned Property - .98 ACRE IN GROWING AREA BRUNSWICK
Brunswick, Georgia 31523BANK OWNED Zoned PD-G. This 0.98+/- acre property is located in the growing Southside Brunswick/Glynn County location. Property is convenient to...
  • Commercial/Other (land)
Bank Owned Property - BANK OWNED SALE 36 Furnished Units
Bank Owned Property - BANK OWNED SALE 36 Furnished Units
Ephraim, Utah 84627BANK OWNED 36 UNIT APARTMENT COMPLEX OFFERING BEST UTAH MULTIFAMILY STUDENT HOUSING VALUE See Property Profile Attachment. No other...
  • Garden/Low-Rise
Bank Owned Property - Princeton IL Commercial Site w/ 3 Steel Bldgs
Bank Owned Property - Princeton IL Commercial Site w/ 3 Steel Bldgs
Princeton, Illinois 61356Bureau County commercial parcel with three steel buildings situated on 23 acre site. Improvements consists of a pre-engineered steel building of...
  • Manufacturing

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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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