Methods for quick sale? Inherited property

[Dave Wittnauer]

I'm wondering if there are any paths to a quick sale in the commercial real estate world?

I've inherited a commercial property and have been dealing with it for the last year and really don't enjoy it.  My family has decided it is time for the place to go - the sooner the better.  It's cash flow positive and is a great building for someone to own.  I don't live near the property and  I resent the time it takes monthly to deal with it.  I realize I could farm some of that out to a property manager, but I just want to be done with it.  

I've spoken to a few realtors and they have each given me a price point of 1.25-1.45 million.  They have also told me that it would typically take 6 months to a year to complete the sale with the inspection period, time on the market, etc...  I don't want to own the property for the next year.  

Are there places that I can list the property or advertise, without a realtor, for a quick sale, knowing I would be offering a discount in exchange for a rapid settlement?  If I reduced the price to 1million, it would be almost a 10% cap rate, with leases in place, and the ability to expand and double the square footage if desired.  I feel like that's a lot of upsides and I should be able to find the right buyer, but I don't know how to do it.  This isn't my passion or a field I've ever been part of. 

If I list with a realtor for a discount and pay 100k in fees (commission, taxes, closing, deed, etc.) then it just hurts my ability to walk away since there is a mortgage left on the property, though much less than either asking price.  

This is the long way of asking - is there a place to sell by the owner and offer a discount for a quick settlement, if maximizing my cash return isn't my first priority?

[Drew Sygit]

Find out if your mortgage on the building is assumable, so that a buyer could take it over.

Actually, since the loan was probably guaranteed by the person that passed away, the lender will jump at someone assuming the loan. 

Why is this important? Because if a buyer doesn't have to get their own mortgage on the property, it will bypass the environmental inspection, appraisal, etc. - speeding up the closing timeline.