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 - Commercial Zoning
Bank Owned Property - Commercial Zoning
West Chicago, Illinois 60185BANK OWNED. 5046 SQ FT SFR 4 BEDS/3.5 BATH WITH 1 BED/1BATH/FULL KITCHEN COACH HOUSE ABOVE THE GARAGE, BASKETBALL COURT, IN-GROUND SWIMMING POOL,...
  • Office Building
Bank Owned Property - Former Valero
Bank Owned Property - Former Valero
Atlanta, Georgia 30318Bank Owned, High Exposure former Valero. Building is 4,620 SF on .658 acres. 151' of frontage with one 30' curb cut. three tanks with estimated...
  • Service/Gas Station
Bank Owned Property - Land For Sale on Grants Mill Rd (Bank Owned)
Bank Owned Property - Land For Sale on Grants Mill Rd (Bank Owned)
Irondale, Alabama 35210Only $85,000 for both lots (Package Deal)
  • Commercial/Other (land)
Bank Owned Property - Former Car Lot/Shop
Bank Owned Property - Former Car Lot/Shop
Macon, Georgia 31206Property consists of 2 buildings: 1,870 sf office and 1,200 sf shop.
  • Office Building
Bank Owned Property - REO | Previewing 11/20 - Calling For  4 All Offers
Bank Owned Property - REO | Previewing 11/20 - Calling For 4 All Offers
Decatur, Georgia 30034Bank Owned, Add-value with significant upside potential for the right, capitalized & strategic investor. Exclusively listed for sale is the...
  • Office Building
Bank Owned Property - 3754-3758 Hialeah DR
Bank Owned Property - 3754-3758 Hialeah DR
Miami, Florida 3314250,000 + warehouse in the hialeah Industrial submarket, property is bank owned and ready for sale. Extremely clean, 3 phase power, ceilings...
  • Warehouse
Bank Owned Property - WINSTED RD. STRIP CENTER
Bank Owned Property - WINSTED RD. STRIP CENTER
Torrington, Connecticut 06790PRICED TO SELL! BANK-OWNED PROPERTY. CORNER COMMERCIAL LOCATION AT TRAFFIC LIGHT AND CLOSE TO ROUTE 8 EXPRESSWAY. 4,994 +/- SQUARE FOOT MASONRY...
  • Strip Center
Bank Owned Property - Arlington Office Lots Near High School
Bank Owned Property - Arlington Office Lots Near High School
Arlington, Tennessee 38002Center at Hayes Crossing office lot. 2.71+- Acres contiguous lots can be sold individually or as a whole. Bank Owned Lots ready to be sold!
  • Office (land)
Bank Owned Property - South Park
Bank Owned Property - South Park
Cheyenne, Wyoming 82007A total of ten(10) 4 plexes --- less than 5 percent vacancy. the units are 2 bedroom 1 and 1/12 bath eat in kitchen with separate laundry room...
  • Duplex/Triplex/Fourplex
Bank Owned Property - 9439 Irving Park Rd
Bank Owned Property - 9439 Irving Park Rd
Schiller Park, Illinois 60176BANK OWNED, brick, 2102 SF building - former restaurant and sports bar & grill. Property feat. dining room/bar area, kitchen area, storage,...
  • Restaurant
Bank Owned Property - East Naples Lots
Bank Owned Property - East Naples Lots
Naples, Florida 34120This is a package of 14 bank-owned vacant residential parcels in the fast growing East Naples submarket. The lots range from 1.14 acres to 2.27...
  • Residential (land)
Bank Owned Property - 2.55 Acres For Sale
Bank Owned Property - 2.55 Acres For Sale
Dublin, Georgia 310212.55 acres of commercial land. Ideal for retail, office or medical. Lots of households and traffic.
  • Office (land)
Bank Owned Property - Bank Owned REO: Multi-Family Building
Bank Owned Property - Bank Owned REO: Multi-Family Building
Youngstown, Ohio 44512INVESTMENT SUMMARY The Maling Team of Colliers International is pleased to exclusively market this bank owned REO asset located at 315 Shields...
  • Garden/Low-Rise
Bank Owned Property - Newcastle WA Residential Land
Bank Owned Property - Newcastle WA Residential Land
Newcastle, Washington 98059The subject parcel is approximately 10.05 acres and zoned R-1 (one dwelling unit per acre) within the city limits of Newcastle, Washington. The...
  • Residential (land)
Bank Owned Property - 5353 W NORTH AVE
Bank Owned Property - 5353 W NORTH AVE
Chicago, Illinois 60639BANK OWNED SOLD AS-IS. NO ADDENDUMS, DISCLOSURES OR SURVEY. TAXES PRO RATED 100%. MIXED USE FRONT 2 COMMERCIAL ARE SET UP AS A CHURCH, 3 SECOND...
  • Neighborhood Center
Bank Owned Property - Bank-Owned Restaurant
Bank Owned Property - Bank-Owned Restaurant
Kingsland, Georgia 31548- Major I-95 interchange - Near by the Kings Bay Navy Base with approximately 9,000 employees - Over 45,000 VPD on I-95 and over 25,000 VPD on E...
  • Restaurant
Bank Owned Property - 2001 North US 31
Bank Owned Property - 2001 North US 31
Petoskey, Michigan 49770For Sale Bank Owned - 8.27 +/- Acres of Vacant Land with Blended Zoning. 267' of frontage on US 31. Zoned: B-1 Local Tourist Business District,...
  • Retail (land)
Bank Owned Property - Bank Owned | Canes Crossing Lots + Acreage
Bank Owned Property - Bank Owned | Canes Crossing Lots + Acreage
Macon, Georgia 31211***PRICE REDUCED*** 26 subdivision lots plus 61.39 acres. Level to gently rolling topography. Additional three (3) parcels at neighborhood...
  • Residential (land)
Bank Owned Property - Express Car Wash off Lee Hwy
Bank Owned Property - Express Car Wash off Lee Hwy
Chattanooga, Tennessee 37421Express Car Wash is an active self-service Car Wash located on Lee Highway a couple hundred yards northeast of Highway 153. Traffic counts on Lee...
  • Special Purpose (Other)
Bank Owned Property - Casa Grande Medical Plaza
Bank Owned Property - Casa Grande Medical Plaza
Port Charlotte, Florida 33952Casa Grande Medical Plaza is a bank-owned, multi-tenant office building situated within the Parkside Community Redevelopment Area, the heart of...
  • Medical Office
Bank Owned Property - Brunswick Medical Park
Bank Owned Property - Brunswick Medical Park
Supply, North Carolina 28462This is one of 6 bank owned medical office condos being offered for sale in Brunswick Medical Park, an office complex adjacent to the former...
  • Medical Office
Bank Owned Property - SONIC - MID FLORIDA
Bank Owned Property - SONIC - MID FLORIDA
Middleburg, Florida 32068Former Sonic Free Standing facility for sale. Bank owned and recently reduced for quick sale. Constructed in 2003, this facility offers a geat...
  • Free Standing Bldg
Bank Owned Property - Bank Owned Industrial Condo For Sale
Bank Owned Property - Bank Owned Industrial Condo For Sale
Lake Zurich, Illinois 60047The property is a 3,346 square foot vacant industrial condo unit located in the Lake Zurich Corporate Park. Well located among several industrial...
  • Flex Space
Bank Owned Property - Bank Owned Multi-Tenant Building
Bank Owned Property - Bank Owned Multi-Tenant Building
Coeur d Alene, Idaho 83815An approximate 9,100 sq. ft. multi-tenant office/retail building situated on 1.377 acres of commercial zoned land. The building is demised into 3...
  • Strip Center
Bank Owned Property - Bank-Owned Mixed-Use Opportunity:Galewood/Austin
Bank Owned Property - Bank-Owned Mixed-Use Opportunity:Galewood/Austin
Chicago, Illinois 60302The subject property is comprised of a 4,500 land site improved with a 4,050 SF two-story (commercial and residential) building. The structure is...
  • 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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