National Commercial Auctioneers to Conduct Absolute Bank-Owned Real Estate Auctions in Six States

Sep 26, 2011, 16:02 ET from National Commercial Auctioneers

TULSA, Okla., Sept. 26, 2011 /PRNewswire/ -- National Commercial Auctioneers [] announces a multi-day absolute auction event to liquidate bank-owned properties in six states, October 17 thru 25, 2011, according to Stephen Karbelk, CAI, AARE, CEO & Founder.

"This is a tremendous opportunity to purchase commercial properties at auction prices," said Karbelk. "All of these properties will sell absolute to the highest bidder."

This six-day auction event will kick off on October 17, at 10am, with two like-new office condo units in Bozeman, Montana., finished as a single space. This is a corner unit with lots of windows for natural lighting and conveniently located.  

October 18th will see a 2,000 sq. ft. free-standing, brick-faced commercial building with a 1,440 sq. ft. garage hit the auction block at 9023 South 27th Street in Franklin, Wisconsin. This commercial building, formerly operating as an HVAC business, is in an ideal corner lot location with 150 ft of frontage and easy access to interstates. A 6,222 sq. ft. restaurant at a desirable I-80 exit location in Walnut, Iowa, will go up for bids on October 19, at 10am.

Moving on to Grand Junction, Colorado on October 20th, the auction block will sell a 4,300 sq. ft. commercial building and a two bedroom, one bath home on a 1.58 acre lot, followed by a 2,427 sq. ft. retail building in North Las Vegas, Nev., on October 21st. The Las Vegas property sits on a 6,534 sq. ft. lot and has excellent road frontage.

The final auction day, October 25th, will feature a 14,300 sq. ft. retail center in Paducah, Kentucky. This two-story former lumber center sits on a 24,000 sq. ft. lot.

"We have office condo units, retail buildings and a restaurant up for bids," noted Karbelk.

Broker participation is offered and encouraged. For more details on how to receive the property information package, visit or call toll free at (877) 895-7077.  

National Commercial Auctioneers is a nationwide auction company that specializes in commercial sales for banks, special servicers, receivers, Trustee's and bankruptcy courts.

SOURCE National Commercial Auctioneers