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 Auction - Former Damon's Grill Rest.
Bank Owned Property - Bank Owned Auction - Former Damon's Grill Rest.
Twinsburg, Ohio 44087Bank Owned Auction 7,625+/-SF Freestanding Building To be sold to the Highest Bidder at or above a bid price of $550,000! (Currently Appraised...
  • Restaurant
Bank Owned Property - Bank Owned Auction of 19,900sf Building
Bank Owned Property - Bank Owned Auction of 19,900sf Building
Kansas City, Kansas 6610119,948+/- SF 3 story low maintenance brick and masonry multipurpose building with beautiful glass entryway. In addition to several open interior...
  • Office Building
Bank Owned Property - Absolute Auction of Bank Owned .67±acre Tract
Bank Owned Property - Absolute Auction of Bank Owned .67±acre Tract
Falmouth, Massachusetts 02540ABSOLUTE AUCTIONS No Minimums - No Reserves Bank Owned Buildings and Properties in 9 States September 22nd - October 9th, 2014 Selling Onsite...
  • Residential (land)
Bank Owned Property - 698 West MacClenny Retail - Strip Center
Bank Owned Property - 698 West MacClenny Retail - Strip Center
Macclenny, Florida 32063Bank Owned new to market. This retail center is a 16,203 sq ft building located on 62,726 sq ft (1.44 AC) of area. Built in 1987 and zoned as CG...
  • Strip Center
Bank Owned Property - Bank Owned Commercial Land with Freeway Visibility
Bank Owned Property - Bank Owned Commercial Land with Freeway Visibility
Fernley, Nevada 89408REDUCED FOR QUICK SALE...BRING ALL OFFERS! BANK OWNED COMMERCIAL SITE WITH FREEWAY VISIBILITY! Site has a prime location in Fernley with I80...
  • Commercial/Other (land)
Bank Owned Property - Bank REO Industrial with Overhd Dr | Former Studio
Bank Owned Property - Bank REO Industrial with Overhd Dr | Former Studio
Chicago, Illinois 60639Bank Owned Recording Studio - TV / Audio & Video buildout for Multi-media creative types who are looking for first rate acoustic design and...
  • Flex Space
Bank Owned Property - 3 Unit Commercial Building
Bank Owned Property - 3 Unit Commercial Building
Powder Springs, Georgia 30127BANK OWNED REAL ESTATE AUCTION 50± Properties in AL, GA & NC Tuesday, Oct. 14, 11:00 AM Auction Location: Hyatt Regency Suites Atlanta North,...
  • Street Retail
Bank Owned Property -
Bank Owned Property - 939 Salem Street, Unit 9
Groveland, Massachusetts 01834Bank owned retail condo. 1,975 SF. Most currently a day care but space will be delivered vacant. Gas heat, separate utilities. Good visibility...
  • Strip Center
Bank Owned Property -
Bank Owned Property - 939 Salem Street, Unit 1
Groveland, Massachusetts 01834Bank owned retail condo with two small offices. 5,126 SF w/ 1,000 SF loft. Double door loading in rear. Condo fee is $872.06.
  • Strip Center
Bank Owned Property - Commercial Land
Bank Owned Property - Commercial Land
Temple, Georgia 30179BANK OWNED REAL ESTATE AUCTION 50± Properties in AL, GA & NC Tuesday, Oct. 14, 11:00 AM Auction Location: Hyatt Regency Suites Atlanta North,...
  • Commercial/Other (land)
Bank Owned Property - Agricultural Land w/ Industrial Building
Bank Owned Property - Agricultural Land w/ Industrial Building
Roopville, Georgia 30170BANK OWNED REAL ESTATE AUCTION 50± Properties in AL, GA & NC Tuesday, Oct. 14, 11:00 AM Auction Location: Hyatt Regency Suites Atlanta North,...
  • Agricultural
Bank Owned Property - 52 ACRES COMMERCIAL LAND
Bank Owned Property - 52 ACRES COMMERCIAL LAND
Villa Rica, Georgia 30180BANK OWNED REAL ESTATE AUCTION 50± Properties in AL, GA & NC Tuesday, Oct. 14, 11:00 AM Auction Location: Hyatt Regency Suites Atlanta North,...
  • Commercial/Other (land)
Bank Owned Property - 10 Acres of Commercial Land
Bank Owned Property - 10 Acres of Commercial Land
Villa Rica, Georgia 30180BANK OWNED REAL ESTATE AUCTION 50± Properties in AL, GA & NC Tuesday, Oct. 14, 11:00 AM Auction Location: Hyatt Regency Suites Atlanta North,...
  • Commercial/Other (land)
Bank Owned Property - 119 Acres of Residential & Agricultural Land
Bank Owned Property - 119 Acres of Residential & Agricultural Land
Ellijay, Georgia 30540BANK OWNED REAL ESTATE AUCTION 50± Properties in AL, GA & NC Tuesday, Oct. 14, 11:00 AM Auction Location: Hyatt Regency Suites Atlanta North,...
  • Agricultural
Bank Owned Property - 2.372 Acres of Commercial Land
Bank Owned Property - 2.372 Acres of Commercial Land
Kennesaw, Georgia 30152BANK OWNED REAL ESTATE AUCTION 50± Properties in AL, GA & NC Tuesday, Oct. 14, 11:00 AM Auction Location: Hyatt Regency Suites Atlanta North,...
  • Commercial/Other (land)
Bank Owned Property - 2 Story Office Building
Bank Owned Property - 2 Story Office Building
Auburn, Georgia 30011BANK OWNED REAL ESTATE AUCTION 50± Properties in AL, GA & NC Tuesday, Oct. 14, 11:00 AM Auction Location: Hyatt Regency Suites Atlanta North,...
  • Office Building
Bank Owned Property - Bank Owned BLDGS For Sale (Morgan Rd)
Bank Owned Property - Bank Owned BLDGS For Sale (Morgan Rd)
Bessemer, Alabama 35022Fully stocked paint and hardware store with over half a million dollars in inventory. Average annual sales 2009-2012 was $550,000 (Former Ken' s...
  • Vehicle Related
Bank Owned Property - Bank Owned - Office/Warehouse, Orange City, FL
Bank Owned Property - Bank Owned - Office/Warehouse, Orange City, FL
Orange City, Florida 32763Bank Owned - Office/Warehouse, Orange City, FL " Five units, mix of office and warehouse spaces " 4,750± sf ur (incl. 2K± sf office) "...
  • Office Building
Bank Owned Property - Bank Owned - Two Multi-tenant Office Buildings, De
Bank Owned Property - Bank Owned - Two Multi-tenant Office Buildings, De
Debary, Florida 32713Bank Owned - Two Multi-tenant Office Buildings, Debary, FL " Up to 24 rentable spaces, most ind. metered " 12,799± total sf, 1.36± acre site "...
  • Office Building
Bank Owned Property - Bank Owned Service Station
Bank Owned Property - Bank Owned Service Station
Mobile, Alabama 36618Bank Owned Former Chevron Branded Gas Station and C-Store.
  • Service/Gas Station
Bank Owned Property - 6443 north ave
Bank Owned Property - 6443 north ave
Oak Park, Illinois 60302BANK OWNED SOLD AS IS. NO ADDENDUMS, DISCLOSURES, OR SURVEY. CASH ONLY.
  • Office Building
Bank Owned Property -
Bank Owned Property - 410 E. 103rd Street
Chicago, Illinois 60628This is a bank owned ~2,900 SF free standing brick retail building formerly used as a furniture store (currently vacant). Large front retail floor...
  • Street Retail
Bank Owned Property - Waterfront Lots at Inlet at Bermuda Bluff
Bank Owned Property - Waterfront Lots at Inlet at Bermuda Bluff
Saint Helena Island, South Carolina 29920Bank Owned Creek/Marsh view lots available in Gated Community of Inlet at Bermuda Bluff. Gorgeous views with Creek access! Private. Excellent...
  • Residential (land)
Bank Owned Property - 200-206 Clarice
Bank Owned Property - 200-206 Clarice
Grand Prairie, Texas 75051- Great location for coin laundry, C-store, restaurants, soft good store, office or apartment. - Approximately 62% Hispanic population within one...
  • Retail (land)
Bank Owned Property - Bank Owned, 418 Acres South of Nixa
Bank Owned Property - Bank Owned, 418 Acres South of Nixa
Nixa, Missouri 65714This property includes seven parcels, which are contiguous to each other with the exception that Riverdale Road bisects the property from west to...
  • Commercial/Other (land)
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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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