Former Bank brankch excess inventory sale

[Mayer M.]

Hey, Has anyone had any experience purchasing excess bank real estate inventory? Is there anything to specifically look for or be careful of? There’s a former bank branch that I may be able to purchase for really cheap, but have no experience in this or commercial in general. To be honest, I have no plan in this case, but if I can get it for cheap enough perhaps it’s worth it? Thanks!

[Phil Christian]

The vault could/might be impossible to remove without a lot of $$$.  Other than that, bank branches are typically good projects because of their locations and parking. Just generally speaking from SoCal real estate perspective.