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 - 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 - 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 - 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
Bank Owned Property - 700 E HENRY ST
Bank Owned Property - 700 E HENRY ST
Joliet, Illinois 60433BANK OWNED SOLS AS-IS, WHERE-IS. NO ADDENDUMS, OR DISCLOSURES OR SELLER SURVEYS. TAXES PRO RATED @100%, MIXED USE. FORMER RESTAURANT AND SFH...
  • Free Standing Bldg
Bank Owned Property - Hwy 211/ Old Winder Hwy
Bank Owned Property - Hwy 211/ Old Winder Hwy
Braselton, Georgia 305172.52 Acres on Hwy 211 in Braselton. Multiple residential subdivisions in area including Chateau Elan. Great location for a retail center, medical...
  • Commercial/Other (land)
Bank Owned Property - Bank Owned!
Bank Owned Property - Bank Owned!
Tallahassee, Florida 32303" Zoning: Industrial " Property Sub-type: Warehouse " Lot Size: .83 Acres " Building Size: 8,850 SF " Year...
  • Flex Space
Bank Owned Property - BANK OWNED 2 STORY END UNIT OFFICE CONDO!
Bank Owned Property - BANK OWNED 2 STORY END UNIT OFFICE CONDO!
Hiram, Georgia 30141Bank Owned! Instant Equity! Large, End Unit, 2 Story Office Condo in a Great Location! Building has a Reception Area with Hardwood Floors. Main...
  • Office Condo
Bank Owned Property - 22,000 SF Building - Bank Owned REO!
Bank Owned Property - 22,000 SF Building - Bank Owned REO!
Pembroke Pines, Florida 33023This vacant +/-22,000 square foot freestanding commercial building is bank-owned REO! The Property represents an excellent redevelopment...
  • Office Showroom
Bank Owned Property - 1.35 Acres with 16,478 +/- SF Commercial Bldg
Bank Owned Property - 1.35 Acres with 16,478 +/- SF Commercial Bldg
Emerson, Georgia 30137BANK OWNED!!! Approximately 16,478 square foot metal building that was used as a church. This property has high ceilings, large halls, 5 offices,...
  • Religious Facility
Bank Owned Property - 2035 W Manchester Avenue
Bank Owned Property - 2035 W Manchester Avenue
Los Angeles, California 90047Bank owned. Last sold for 349K in '08. Can be delivered vacant. Pretty nice freestanding 2500 sq. ft. retail/office building on 25 x 120 street to...
  • Free Standing Bldg
Bank Owned Property - Bank Owned Corner Lot
Bank Owned Property - Bank Owned Corner Lot
Acworth, Georgia 30101Closed C-store along with adjacent house (4963 Ross Rd.) makes up this 1.3 acre property. Zoned C-2 for commercial use. Property is rectangular,...
  • Retail (land)
Bank Owned Property - Bank Owned Office or Retail Building
Bank Owned Property - Bank Owned Office or Retail Building
Lithonia, Georgia 300582600 SF Office or Retail Space for sale. Great for small business or start-up company.
  • Office-Business Park
Bank Owned Property - Chandler Commons
Bank Owned Property - Chandler Commons
Buford, Georgia 305182 story all brick office building. 7 offices, reception area, break room and 2 bathrooms on first floor. 8 offices, reception area and 2 bathrooms...
  • Office Building
Bank Owned Property - Bank Owned - 4 Unit Mixed Use
Bank Owned Property - Bank Owned - 4 Unit Mixed Use
West Chicago, Illinois 60185***BANK OWNED 4 UNIT MIXED USE BLDG*** Ground level is garage/storage that can be leased out separate or combined with main level retail. Second...
  • Retail (Other)
Bank Owned Property - Bank Owned 100% Leased Retail Building For Sale
Bank Owned Property - Bank Owned 100% Leased Retail Building For Sale
Ferriday, Louisiana 71334Building Area: 12,000 SF Land Size: 1.88 Acres Tenant: Fred's Metal & Concrete Block building with 39,600 SF +/- concrete parking. Contact...
  • Free Standing Bldg
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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

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