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 - Bank Owned - Commercial Property
Bank Owned Property - Bank Owned - Commercial Property
West Columbia, South Carolina 29169ONLINE BIDDING OPENS: April 28 | 10am ONLINE BIDDING CLOSES: April 30 | 12:30pm 9,170+/- sf Beautiful Brick Building 0.52+/- Acre Located on Busy...
  • Religious Facility
Bank Owned Property - Bank Owned - Commercial / Industrial Property
Bank Owned Property - Bank Owned - Commercial / Industrial Property
Rock Hill, South Carolina 29730ONLINE BIDDING OPENS: April 28 | 10am ONLINE BIDDING CLOSES: April 30 | 11:30am 11,668+/- sf Building With 10,684+/- sf Warehouse Area and 984+/-...
  • Warehouse
Bank Owned Property - Bank Owned - Commercial Lot
Bank Owned Property - Bank Owned - Commercial Lot
Rock Hill, South Carolina 29730ONLINE BIDDING OPENS: April 28 | 10am ONLINE BIDDING CLOSES: April 30 | 11am 11+/- Acres Excellent Road Frontage Tranzon Holiday Auctions, LLC |...
  • Commercial/Other (land)
Bank Owned Property - Investment Offering - Dep of Agriculture - 7.1 cap
Bank Owned Property - Investment Offering - Dep of Agriculture - 7.1 cap
Yakima, Washington 98902Investment grade offering with a 7.1 cap for this single-tenant, freestanding office & laboratory building leased to the State of Washington,...
  • Institutional/Governmental
Bank Owned Property - Ridge Pointe Apartments
Bank Owned Property - Ridge Pointe Apartments
Kansas City, Missouri 64138The Orion Property Group is presenting the Ridge Pointe Apartments for sale in the developing South Kansas City sub-market. This property is bank...
  • Garden/Low-Rise
Bank Owned Property - Bank Owned - Commercial Land
Bank Owned Property - Bank Owned - Commercial Land
Chimney Rock, North Carolina 28720ONLINE BIDDING OPENS: April 14 | 10am ONLINE BIDDING CLOSES: April 16 | 1pm 0.79+/- Acre Wonderful View of The Chimney Rock Located in West End...
  • Commercial/Other (land)
Bank Owned Property - Bank Owned - Residential Development Land
Bank Owned Property - Bank Owned - Residential Development Land
Knightdale, North Carolina 27545ONLINE BIDDING OPENS: April 14 | 10am ONLINE BIDDING CLOSES: April 16 | 12:30pm 61.87+/- Acres 3.5+/- Miles From I-540 & 2+/- Miles From Route...
  • Residential (land)
Bank Owned Property -
Bank Owned Property - Route 31 & River Birch Blvd
Crystal Lake, Illinois 60014Bank-Owned vacant commercial development site located in a commercial district of Crystal Lake. Utilities are already at the site, including...
  • Commercial/Other (land)
Bank Owned Property - N. Main St. 3 Buildings
Bank Owned Property - N. Main St. 3 Buildings
Gainesville, Florida 32609Bank Owned on N. Main St. on "car row". 3 Buildings,Appraisal drawings total 14,627 SF overall w/estimated 11,021 SF H&C.. Appraisal states parcel...
  • Vehicle Related
Bank Owned Property - 6144
Bank Owned Property - 6144
Summit, Illinois 60501BANK OWNED SOLD AS-IS, WHERE-IS. NO ADDENDUMS, DISCLOSURES, OR SELLER SURVEY. TAXES CREDIT 100%. CASH OFFERS. 2 COMMERCIAL UNITS 4 APARTMENTS...
  • Neighborhood Center
Bank Owned Property - BANK ORDERED SALE
Bank Owned Property - BANK ORDERED SALE
Elgin, Illinois 60120The property consists of a mixed use commercial/industrial building, containing 33,497 total square feet. Currently divided into 3-units as...
  • Free Standing Bldg
Bank Owned Property - 3325
Bank Owned Property - 3325
Chicago, Illinois 60623BANK OWNED SOLD AS-IS WHERE-IS. NO ADDENDUMS, DISCLOSURES, SELLER SURVEY. TAXES PRO RATED 100%. CASH OFFERS ONLY. I COMMERCIAL FIRST FLOOR, ONE...
  • Free Standing Bldg
Bank Owned Property - 4169 E Olympic Boulevard
Bank Owned Property - 4169 E Olympic Boulevard
Los Angeles, California 90023Bank owned. Assessed @ 777K. Cavernous divisible warehouse/manufacturing building at the confluence of the 5, 710 & 60 freeways, 7 minutes east of...
  • Free Standing Bldg
Bank Owned Property - 4048
Bank Owned Property - 4048
Chicago, Illinois 60629MIXED USE. 1 COMMERCIAL, 2 APARTMENTS. BANK OWNED SOLD AS-IS-WHERE-IS. NO ADDENDUMS, DISCLOSURES, OR SELLER SURVEYS. TAXES PRORATED AT 100%...
  • Neighborhood Center
Bank Owned Property - 5584
Bank Owned Property - 5584
Chicago, Illinois 60630BANK OWNED SOLD AS-IS, WHERE-IS. NO ADDENDUMS ,DISCLOSURES OR SELLER SURVEYS. TAXES PRO RATED 100%.
  • Office Showroom
Bank Owned Property - 1005 Alexander Ct. Unit A
Bank Owned Property - 1005 Alexander Ct. Unit A
Cary, Illinois 60013Bank owned 2,000 SF professional brick office condo. Reception area, 6 private offices, 2 baths, kitchenette. Close to restaurants and Walmart...
  • Office Condo
Bank Owned Property - Garden Palms Motel
Bank Owned Property - Garden Palms Motel
Titusville, Florida 32796The Garden Palms Motel is a 110 room BANK OWNED motel that benefits from a well appointed lobby, newly refinished outdoor pool, guest laundry,...
  • Economy/Limited Service
Bank Owned Property - Small Office Building
Bank Owned Property - Small Office Building
Orlando, Florida 32805Perfectly located in central Orlando, commercial office building with great potential. Property has 6 offices, 2 bathrooms, and a conference room...
  • Office Building
Bank Owned Property - Bank Owned Investment Opportunity
Bank Owned Property - Bank Owned Investment Opportunity
Bradenton, Florida 34203Located in one of the busiest and most desirable retail corridors in Bradenton, this 3-story Office Building offers excellent visibility and easy...
  • Office Building
Bank Owned Property - BANK OWNED Streeter Graphics Bldg
Bank Owned Property - BANK OWNED Streeter Graphics Bldg
Augusta, Georgia 30901This property includes an office/warehouse and gravel parking lot located beside it. The property was previously used as a print shop. It is set...
  • Office-Warehouse
Bank Owned Property -
Bank Owned Property - 211 N. Northwest Hwy
Barrington, Illinois 60010Great opportunity to own a 4,200 +/- square foot freestanding Retail/Office building in downtown Barrington location. Situated in high traffic...
  • Free Standing Bldg
Bank Owned Property - 4021 W North Ave , Chicago, Illinois 60639
Bank Owned Property - 4021 W North Ave , Chicago, Illinois 60639
Chicago, Illinois 60639BANK OWNED 4,304 SF mixed-use building, located on busy North Ave. 1st fl. is a 2,500 SF store front, rented for $800/mo and consisting of front...
  • Street Retail
Bank Owned Property - 4011 W North Ave , Chicago, Illinois 60639
Bank Owned Property - 4011 W North Ave , Chicago, Illinois 60639
Chicago, Illinois 60639BANK OWNED 2,822 SF mixed-use building in need of major rehab, located on busy North Ave, just west of North Ave/Pulaski intersection. 1st floor...
  • Street Retail
Bank Owned Property - 543 Old Grassdale Road
Bank Owned Property - 543 Old Grassdale Road
Cartersville, Georgia 30121This Warehouse is Bank-Owned and listing for $350,000. (+/-) 11,820 Sq. Ft. Industrial Building Located on 6 Fenced Acres! Built in...
  • Warehouse
Bank Owned Property - 13711 S SPRINGFIELD
Bank Owned Property - 13711 S SPRINGFIELD
Robbins, Illinois 60472BANK OWNED SOLD AS-IS, WHERE-IS. NO DISCLOSURES OR ADDENDUMS. NO SELLER SURVEY. TAXES PRO RATED 100%. NO PHONE CALLS PLEASE EMAIL: EMAILS RETURNED...
  • Garden/Low-Rise
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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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