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 - BANK OWNED COMMERCIAL BUILDING
Bank Owned Property - BANK OWNED COMMERCIAL BUILDING
Saginaw, Michigan 48607ONLINE REAL ESTATE AUCTION November 11, 2014 from 8 am - 2 pm. Opening Bid only $5000. This property features an old Consumers building with...
  • Office Building
Bank Owned Property - Bank Owned 2550 Rte 52 former  Restaurant
Bank Owned Property - Bank Owned 2550 Rte 52 former Restaurant
Hopewell Junction, New York 12533Former Restaurant, great for any type of retail, office, or multiple uses. well and septic have been upgraded. Property needs work. detached...
  • Restaurant
Bank Owned Property - Bank Owned 104 unit Town House Dev approved
Bank Owned Property - Bank Owned 104 unit Town House Dev approved
Newburgh, New York 12550104 Unit approved town home development, The development has full approvals from the Town of Newburgh. Town Water and Sewer. good topo, and ready...
  • Multifamily (land)
Bank Owned Property - 2800 S Market St-Chattanooga
Bank Owned Property - 2800 S Market St-Chattanooga
Chattanooga, Tennessee 37410BANK OWNED-FORECLOSURE PROPERTY. Time to own your own business in the Southside of Chattanooga! This building is just minutes to (I-24 and Hwy27)...
  • Office Building
Bank Owned Property - North Unity Grove Road
Bank Owned Property - North Unity Grove Road
Locust Grove, Georgia 30248The 91.75 Acres is located east side of North Unity Grove Road, less than ½ mile from the intersection of Peeksville Road and North Unity Grove...
  • Commercial/Other (land)
Bank Owned Property - 3600 Hillcross Dr, Louisville, KY/Multifamily
Bank Owned Property - 3600 Hillcross Dr, Louisville, KY/Multifamily
Louisville, Kentucky 40229BANK OWNED! GREAT OPPORTUNITY HERE! 8-plex with appraisal of $370,000 ''as is!'' All 2 bedroom 1 bath units, full size laundry rooms, separate...
  • Mid/High-Rise
Bank Owned Property - Eastglen Corner Lot
Bank Owned Property - Eastglen Corner Lot
Mesquite, Texas 75149CORNER LOT WITH HIGH VISIBILITY AND DRIVE BY. BANK OWNED - SELLER FINANCE IS AVAILABLE. NORTHEAST CORNER OF EASTGLEN & COLLINS-PIONEER RD
  • Commercial/Other (land)
Bank Owned Property - 221 Springfield
Bank Owned Property - 221 Springfield
Joliet, Illinois 60435Excellent location directly across from Prescence Hospital. 5,980 s.f. can easily be divided into 4 units. Has 5 meters, sprinklers, ample parking...
  • Office Building
Bank Owned Property - 1301 Broadway
Bank Owned Property - 1301 Broadway
Joliet, Illinois 604357,250 s.f. older, multi-unit commercial building for sale. Property has great visibility, easy access and lends itself to many uses based on its...
  • Neighborhood Center
Bank Owned Property - Terrell Office
Bank Owned Property - Terrell Office
Terrell, Texas 75160Investment property - Has approx. ten (10) rooms, two (2) kitchenettes, Five (5) bathrooms, Chapel type area, Fire sprinkler. Lots of parking in...
  • Office Building
Bank Owned Property - Malakoff Rental Home
Bank Owned Property - Malakoff Rental Home
Malakoff, Texas 75148BANK OWNED RESIDENCE NEAR CEDAR CREEK LAKE. COULD BE AN EXCELLENT RENTAL PROPERTY. INCLUDES ADJACENT LOT 34. NEEDS CARPET AND MINOR REPAIRS.
  • Single-Unit (SFR/Condo)
Bank Owned Property -
Bank Owned Property - 2525 Gold Rush Rd
Pigeon Forge, Tennessee 37863Private resort in Dollywood's front door and very close to the new Cal Ripken Park. 41 acres with 15 existing buildings with over 23 acres left...
  • Single-Unit (SFR/Condo)
Bank Owned Property - BIRDS CREEK
Bank Owned Property - BIRDS CREEK
Gatlinburg, Tennessee 37738Approximately 50 acres of land located in the heart of the Arts and Crafts Community in Gatlinburg - a developer's dream or a private estate. ...
  • Residential (land)
Bank Owned Property - COMMERCIAL LAND
Bank Owned Property - COMMERCIAL LAND
Pigeon Forge, Tennessee 37863LOCATION!! Just off strip in Pigeon Forge - great location for hotel, restaurant and retail. BANK OWNED!!
  • Commercial/Other (land)
Bank Owned Property - Centralia WA Mixed Use Properties
Bank Owned Property - Centralia WA Mixed Use Properties
Centralia, Washington 98531The subject property includes three adjacent properties offered together: 608-610 W. Main Street, 108 S. Washington Street and 109 S. Oak Street...
  • Free Standing Bldg
Bank Owned Property - Bank Owned office building
Bank Owned Property - Bank Owned office building
Margate, Florida 33063Lender owned free standing building perfect for medical use, day care, pre-school, retail or any other use allowed under B2 zoning. Adequate...
  • Medical Office
Bank Owned Property - Royal Motel
Bank Owned Property - Royal Motel
Rio Vista, California 94571Property is a bank owned (foreclosure). a multi room(11unit) motel built in 1954. Structure suffered extensive fire damage in 2014 and was...
  • Retail (Other)
Bank Owned Property -
Bank Owned Property - 1623 N. Sheridan
North Chicago, Illinois 600642-Story Brick Commercial/Residential Mixed Use Building w/CASH FLOWING Laundromat. Built in 2007 and in above average condition. Includes 40...
  • Retail (Other)
Bank Owned Property -
Bank Owned Property - 1302 20th St W
Bradenton, Florida 34205Are you looking for your piece of Paradise on your own canal right in your back yard? This is a full duplex and is perfect for an investor. This...
  • Single-Unit (SFR/Condo)
Bank Owned Property - Hanford - Medical
Bank Owned Property - Hanford - Medical
Hanford, California 93230Bank owned medical office in downtown Hanford. Large waiting room and business office, 6 treatment rooms, nurses station, 2 doctor's offices,...
  • Medical Office
Bank Owned Property -
Bank Owned Property - 4340 Ladson Road
Ladson, South Carolina 29456Bank Owned. Possible investment opportunity. High visibility commercial site. Approximately 10,000 sf office/retail building situated on a 3.21...
  • Free Standing Bldg
Bank Owned Property - Denger's Hearth
Bank Owned Property - Denger's Hearth
Nicholasville, Kentucky 40356Former Denger's Hearth property consisting of main showroom and warehouse building directly behind the showroom. Additional adjacent showroom...
  • Flex Space
Bank Owned Property - Denger's Hearth and Patio
Bank Owned Property - Denger's Hearth and Patio
Nicholasville, Kentucky 40356The property is the former's Denger's Hearth and Patio store which is a bank owned property and currently vacant. The building is a combination...
  • Office Showroom
Bank Owned Property - Bank Owned - 1 Acre Paved Corner Mt Dora
Bank Owned Property - Bank Owned - 1 Acre Paved Corner Mt Dora
Mount Dora, Florida 32757Bank Owned Paved Corner Commercial / Professional / Retail Corner 107' Ft on Highland St / Old US Hwy 441, 139' Ft on Camp Ave, 197' Ft on...
  • Office (land)
Bank Owned Property - I-1 Lot Next To Denger's, Means Drive
Bank Owned Property - I-1 Lot Next To Denger's, Means Drive
Nicholasville, Kentucky 40356This lot is bank owned property next to the former Denger's property and is zoned I-1, Light Industrial. The property can be purchased in tandem...
  • Industrial (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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