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 - MAIN STREET
Bank Owned Property - MAIN STREET
Monee, Illinois 60449SHOP, WORK AREA, APARTMENTS AND STOREFRONT. PERFECT FOR START UP BUSINESS AND LIVING ARANGEMENTS OR INVESTOR OPPORTUNITY. PROPERTY IS BANK OWNED...
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$114,900
5,166 SF
N/A
Retail
Street Retail
Bank Owned Property - Western Ave
Bank Owned Property - Western Ave
Blue Island, Illinois 60406GREAT LOCATION IN BLUE ISLAND WITH OPPORTUNITIES FOR INVESTMENT OR START UP. 2 CAR OVERHEAD AND SINGLE CAR OVERHEAD DOORS. PROPERTY IS BANK OWNED...
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$150,000
4,500 SF
N/A
Retail
Street Retail
Bank Owned Property - Professional Office Condominium in Sheppard Park
Bank Owned Property - Professional Office Condominium in Sheppard Park
Voorhees, New Jersey 08043The property consists of two (2) 1,238 SF professional office condominium units which have been combined to form one (1) 2,476 SF suite with a...
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$299,000
2,476 SF
N/A
Office
Office-Business Park
Bank Owned Property - Bank Owned Restaurant
Bank Owned Property - Bank Owned Restaurant
Dade City, Florida 335232400 sf Bank Owned Restaurant for Sale, built in 1960 with kitchen, multiple rooms, bar and storage shed, located in Dade City, Florida on.89...
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$150,000
2,400 SF
N/A
Retail
Restaurant
Bank Owned Property - Scottsdale Development Opportunity
Bank Owned Property - Scottsdale Development Opportunity
Scottsdale, Arizona 85260This well located property is Bank Owned and offers a wide variety of uses. This property fronts on Frank Lloyd Wright Blvd in Scottsdale and...
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$8,754,321
6.75 Acres
Land
Commercial/Other (land)
Bank Owned Property - Bank Owned! Bulk Sale - 107 Residential Homesites
Bank Owned Property - Bank Owned! Bulk Sale - 107 Residential Homesites
New Smyrna Beach, Florida 32168BANK OWNED - BULK SALE! 107 Residential Homesites. Proposed Turnbull Estate 60 Residential Homesites plus 47 scattered lots. Originally approved...
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$575,000
20.52 Acres
Land
Residential (land)
Bank Owned Property - Bank-Owned 4,964 SF of Flex/Office Space Available
Bank Owned Property - Bank-Owned 4,964 SF of Flex/Office Space Available
Hutchinson, Minnesota 55350Bank-Owned, 4,964 SF of Flex/Office Space. Vacant with mezzanine level in front, and large warehouse space in back with loading dock. This great...
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$229,000
4,964 SF
N/A
Industrial
Flex Space
Bank Owned Property - La Plaz Inn (Former Hampton Inn) North Mobile, AL
Bank Owned Property - La Plaz Inn (Former Hampton Inn) North Mobile, AL
Saraland, Alabama 36571Bank Owned 58 Room, Former Hampton Inn, to be converted to Red Roof Inn shortly. Off Interstate 65, this modern hotel is a 7-minute drive from the...
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$2,799,999
28,998 SF
58
Hotel & Motel
Economy/Limited Service
Bank Owned Property - 2848 Pleasant Rd. Suite 101
Bank Owned Property - 2848 Pleasant Rd. Suite 101
Fort Mill, South Carolina 29708Bank Owned office condo in a mixed use development in growth area. Professional building with floor to ceiling windows, exterior signage and...
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$1,050,000
6,875 SF
N/A
Office
Office Building
Bank Owned Property - Old Jackson Villages
Bank Owned Property - Old Jackson Villages
McDonough, Georgia 30252Old Jackson Village is an attractive retail center located in a high growth suburb southeast of Atlanta. This REO / Bank Owned Asset consists of...
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$1,625,000
16,600 SF
8.15%
Retail
Strip Center
Bank Owned Property - Harlan Trace, 30 Vacant Developed Lots
Bank Owned Property - Harlan Trace, 30 Vacant Developed Lots
Villa Rica, Georgia 30180MAKE OFFER! BANK OWNED! 30 VACANT DEVELOPED LOTS (31.139 ACRES) PLUS AN ADDITIONAL 48.73 ACRES OF EXTRA LAND. NO LOTS HAVE BEEN SOLD! TOTAL...
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$565,000
80.12 Acres
Land
Residential (land)
Bank Owned Property - US 41 near Brooksville Bank Owned
Bank Owned Property - US 41 near Brooksville Bank Owned
Brooksville, Florida 34604NAI Tampa Bay is pleased to offer 1046 Broad Street (US 41)in Brooksville , Florida. The property is a bank owned single family home that was also...
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$59,000
2,354 SF
N/A
Retail
Retail (Other)
Bank Owned Property - Bank Owned Daycare in Buford
Bank Owned Property - Bank Owned Daycare in Buford
Buford, Georgia 30519Bank Owned Daycare 4000SF building on .56 acres of land with playground, parking lot, located in Buford
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$325,000
4,000 SF
N/A
Retail
Day Care Facility/Nursery
Bank Owned Property - Bank Owned | Interstate Frontage
Bank Owned Property - Bank Owned | Interstate Frontage
Perry, Georgia 31069±24.84 acres with approximately 1,509 frontage feet along Interstate 75 and 3,535 frontage feet along Perry Parkway. Level topography. All public...
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$699,000
24.84 Acres
Land
Industrial (land)
Bank Owned Property -
Bank Owned Property - 205 Stockton St
Jacksonville, Florida 32204Bank Owned/Motivated Seller Infill/Convenient Location Great Visibility/Access and Traffic Proximate to Downtown
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$99,000
4,663 SF
N/A
Industrial
Flex Space
Bank Owned Property - Bank Owned - Downeast Paradise
Bank Owned Property - Bank Owned - Downeast Paradise
Gouldsboro, Maine 04607Online Bidding Opens: September 15 | 10am Online Bidding Closes: September 22 | 2pm Property Tours: Call to Book Your Private Tour! Welcome to...
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Not Disclosed
113.00 Acres
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Residential (land)
Bank Owned Property -
Bank Owned Property - 70 Dean Knauss Drive
Narragansett, Rhode Island 02882This two story BANK OWNED office building is perfectly suited for a south county business who wants to be close to URI's Narragansett Bay Campus.
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$499,000
5,784 SF
N/A
Office
Office-Business Park
Bank Owned Property - BANK OWNED: 4,962 +/- Square Foot Restaurant Space
Bank Owned Property - BANK OWNED: 4,962 +/- Square Foot Restaurant Space
Cartersville, Georgia 30120Great in-town location for restaurant, retail, or event space located in heart of Cartersville. Dual road frontage on Tennessee Street and West...
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$279,900
4,962 SF
N/A
Retail
Restaurant
Bank Owned Property - 205 E Walker Road
Bank Owned Property - 205 E Walker Road
Saint Johns, Michigan 48879For Sale Bank Owned - 55,988 +/- Square Foot Single Story Vacant Industrial Building. The property is on 4.28 +/- Acres and was built in 1995...
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$1,150,000
53,050 SF
N/A
Industrial
Manufacturing
Bank Owned Property - Event Center- Jefferson City
Bank Owned Property - Event Center- Jefferson City
Jefferson City, Missouri 65109Formerly LA/MAISON (A private destination event venue) Having been operated for weddings, receptions, private business meetings etc. Had a great...
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$633,500
5,627 SF
N/A
Special Purpose
Special Purpose (Other)
Bank Owned Property - Excellent Commercial Land Opportunity (9.7 Ac)
Bank Owned Property - Excellent Commercial Land Opportunity (9.7 Ac)
Winter Haven, Florida 33881The subject property consists of a 9.7± gross acre commercial land tract. It has a historical commercial use and would be perfect to repurpose. ...
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$120,000
9.70 Acres
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Commercial/Other (land)
Bank Owned Property - 20 & 22 Reilly Rd.
Bank Owned Property - 20 & 22 Reilly Rd.
Frankfort, Kentucky 40601Two Industrial Facilities Bundled for the Price of One! These Bank-Owned Warehouses sit on a combined 3.5 acres in Frankfort, KY. 20-22 Reilly...
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$425,000
45,626 SF
N/A
Industrial
Warehouse
Bank Owned Property - Governors Quarters/W 15th St Ext
Bank Owned Property - Governors Quarters/W 15th St Ext
Hinesville, Georgia 31313Bank Owned Development. Second Phase of PUD with 144 units on 12 Condominium Sites permitted. Some infrastructure in place. The area is serviced...
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$399,000
16.42 Acres
Land
Multifamily (land)
Bank Owned Property -
Bank Owned Property - 3390 E Sierra Madre Ave
Fresno, California 93726BANK OWNED - This is a two story, garden style apartment complex containing six, 2BR/1BA units. Laundry room and carports are present. HVAC is...
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$450,000
6,748 SF
6
6.42%
Multifamily
Garden/Low-Rise
Bank Owned Property - Bank Owned - Mixed-Use Commercial Property
Bank Owned Property - Bank Owned - Mixed-Use Commercial Property
Vineland, New Jersey 08360Online Bidding Opens: August 22 | 10am Online Bidding Closes: August 30 | 10am Preview: August 18 | 11am 12,600+/- sf Building With 2 Commercial...
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Not Disclosed
12,600 SF
N/A
Retail
Free Standing Bldg

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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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