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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 - Whittier 5 unit
Bank Owned Property - Whittier 5 unit
Minneapolis, Minnesota 55408William-Robert is pleased to present for sale this five unit building located on 3rd Avenue in Minneapolis. This building is on the Eastern edge...
  • Garden/Low-Rise
Bank Owned Property - Long Leaf RV Park (Bank Owned)
Bank Owned Property - Long Leaf RV Park (Bank Owned)
Defuniak Springs, Florida 32435Parcel(s) in Walton County FL : 26-2N-19-18100-000-0010 26-2N-19-180000-009-0040 26-2N-19-18000-009-0030 LESS AND EXPECT Any portion of the...
  • Commercial/Other (land)
Bank Owned Property - 27,000SF Heavy Industrial Facility For Sale
Bank Owned Property - 27,000SF Heavy Industrial Facility For Sale
Mobile, Alabama 36618Bank Owned Heavy Industrial Building with 3.09 acre fenced yard. Zoned for Heavy Industrial Building size is 20,400 sq ft warehouse 21' eave...
  • Manufacturing
Bank Owned Property - Fort Riley Townhouses
Bank Owned Property - Fort Riley Townhouses
Ogden, Kansas 6651716 three & four bedroom 2.5 bath 2 car garage townhouses. Conveniently located between Manhattan & Fort Riley. Current leases @ $1275 /month...
  • Garden/Low-Rise
Bank Owned Property - 10 UNITS 9000 S THROOP
Bank Owned Property - 10 UNITS 9000 S THROOP
Chicago, Illinois 60620BANK OWNED 10 UNIT BUILDING ALL ONE BEDROOM UNITS ONE A CENTRAL BOILER. CURRENT MONTHLY INCOME AT 70% OCCUPANCY IS $3,960. EXCELLENT OPPORTUNITY...
  • Garden/Low-Rise
Bank Owned Property - 2968 S. Waterworks Rd.
Bank Owned Property - 2968 S. Waterworks Rd.
Buford, Georgia 305182.022 +/- Commercial Acres. More than 175' of frontage on S. Waterworks Rd. Zoned M-1 (Light Industry), City of Buford. Great location for...
  • Retail (land)
Bank Owned Property - 1187 Caratoke Highway
Bank Owned Property - 1187 Caratoke Highway
Moyock, North Carolina 27958The site contains approximately 101.09 acres, 66.66 useable acres and 34.43 acres of wetlands. The wetland delineation has been recertified and is...
  • Commercial/Other (land)
Bank Owned Property - Bank Owned Real Estate Auction July 30th 11:00am
Bank Owned Property - Bank Owned Real Estate Auction July 30th 11:00am
Austintown, Ohio 44515BANK OWNED REAL ESTATE AUCTION Thursday, July 30th, 2015 @ 11:00 AM Prime location at the intersection of St Rt 46 & Silica Rd. Across from the...
  • Strip Center
Bank Owned Property - Destination Daytona
Bank Owned Property - Destination Daytona
Ormond Beach, Florida 32174The MPUD zoned property allows for Hotel, Retail, Vehicle Sales,Distribution, Restaurant, or other light industrial uses. 14.5 Gross Acres with...
  • Commercial/Other (land)
Bank Owned Property - Downtown Commercial Building
Bank Owned Property - Downtown Commercial Building
Emmett, Idaho 83617Bank Owned Commercial Building in a great downtown location. Easy access with ample parking. Remodeled in 1980. Current tenant: Delta Athletic...
  • Free Standing Bldg
Bank Owned Property - Bank Owned | Former Daycare Center
Bank Owned Property - Bank Owned | Former Daycare Center
Macon, Georgia 312202,803 SF building includes one (1) office, six (6) classrooms, three (3) restrooms, utility room and kitchen.
  • Day Care Facility/Nursery
Bank Owned Property - 0.91 Acre Parcel For Sale - Zoned C-2
Bank Owned Property - 0.91 Acre Parcel For Sale - Zoned C-2
Norfolk, Virginia 23518Bank owned 0.91 acre, unimproved land parcel available with 250' of road frontage along the west side of Shore Drive (33,000 vpd) in Norfolk, VA. ...
  • Commercial/Other (land)
Bank Owned Property - 149 Acres in Yelm
Bank Owned Property - 149 Acres in Yelm
Yelm, Washington 98597Yelm (south) - 149.92 acres, Rare large Acres, bank owned, priced to sell, lots of possibilities; your own estate, sell off a couple lots & keep...
  • Residential (land)
Bank Owned Property - Bank Owned REO - Vacant Storefront Retail/Office
Bank Owned Property - Bank Owned REO - Vacant Storefront Retail/Office
Covington, Kentucky 41011The subject property, located at 333 Pike Street in Covington, Kentucky consists of a 3,250 square foot vacant storefront retail/office building,...
  • Retail (Other)
Bank Owned Property - Former Quality Inn Mystic
Bank Owned Property - Former Quality Inn Mystic
Mystic, Connecticut 06355-Fee simple interest in bank-owned, 150-room Former Quality Inn Mystic offered at a fraction of replacement of cost -Property offered for sale...
  • Economy/Limited Service
Bank Owned Property - Former Furniture Store
Bank Owned Property - Former Furniture Store
Beaumont, Texas 77701Former Furniture store situated on 2 corners on the recently updated Calder Avenue. Total of 3 buildings with +/-38,903sf of improvements and...
  • Manufacturing
Bank Owned Property - 11.9 Developable Acres on SR 100 in Palm Coast, FL
Bank Owned Property - 11.9 Developable Acres on SR 100 in Palm Coast, FL
Palm Coast, Florida 32136This bank-owned parcel is 23.43 acres in total, with 11.9 acres of developable upland area and approximately 227 feet of frontage along the north...
  • Commercial/Other (land)
Bank Owned Property - Available in Richmond HIll
Bank Owned Property - Available in Richmond HIll
Richmond Hill, Georgia 31324Bank Owned Tract fronts along Hwy 144 approximately 1400 ft. and has about 350 ft. frontage to Sterling Links Way (main entrance to Richmond Hill...
  • Multifamily (land)
Bank Owned Property - Highway 20 Acreage
Bank Owned Property - Highway 20 Acreage
Freeport, Florida 32439BANK OWNED property ready to go. Over 2,000sqft of highway frontage on this 58.2 acre parcel. Just 2 miles east of 331 & 20 intersection makes...
  • Agricultural
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. Updated freestanding 2500 sq. ft. retail/office building on 25 x 120 street to alley lot. See all photos...
  • Free Standing Bldg
Bank Owned Property - Shakers
Bank Owned Property - Shakers
Rome, Georgia 3016513,266 square feet building that has been operated as a restaurant, dance club and lounge. Has operated under the names of Shakers, Bogart's,...
  • Retail (Other)
Bank Owned Property - 7 Units Mixed Use, Hartford, CT
Bank Owned Property - 7 Units Mixed Use, Hartford, CT
Hartford, Connecticut 06106"BANK OWNED" "CASH ONLY SALE" SOLD, "AS IS, WHERE IS" Seller gives No Warranty Nor Makes Any Representations. 7 unit mixed use consisting of 3...
  • Garden/Low-Rise
Bank Owned Property - 1115 Morrow Rd
Bank Owned Property - 1115 Morrow Rd
Morrow, Georgia 30260BANK OWNED! Bank will finance with terms: 85% loan to cost. Buyer pays 15% cash at closing. 10 years. 1st 5 years fixed at 4.5% and 2nd 5 years...
  • Retail (Other)
Bank Owned Property - Sale #3 - ABSOLUTE AUCTION
Bank Owned Property - Sale #3 - ABSOLUTE AUCTION
Roanoke, Virginia 24014ABSOLUTE AUCTION BANK OWNED Auction: Wednesday, July 15, 2015 at 12:00 noon - in the Berglund Hall at The Berglund Center (710 Williamson Road,...
  • Residential (land)
Bank Owned Property - Sale #2 - ABSOLUTE AUCTION
Bank Owned Property - Sale #2 - ABSOLUTE AUCTION
Roanoke, Virginia 24016ABSOLUTE AUCTION BANK OWNED Auction: Wednesday, July 15, 2015 at 12:00 noon - in the Berglund Hall at The Berglund Center (710 Williamson Road,...
  • Single-Unit (SFR/Condo)

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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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