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Writer's pictureMAREJ

Max Spann RE & Auction to sell six former bank branches


NEW JERSEY — Two former bank branches in Brigantine and Bridgeton that can easily be turned into traditional office spaces are going on the auction block in mid-November.

Max Spann Real Estate & Auction Co. is auctioning the former bank property at 3900 Atlantic-Brigantine Blvd. (Route 87) in Brigantine on Thursday, November 19 at 11 a.m. The other property, 15 South Laurel St. in Bridgeton, will be auctioned the same day at 2 p.m.

Property previews for both bank branches are scheduled for Thursday, November 5 from noon to 2 p.m. Two other bank branches are listed in Somerset and Morris Counties. The properties at 302-306 Route 22 West in Green Brook and 202 Route 46 in Budd Lake are up for sale. The former banks are listed for $1.649 million and $525,000, respectively.

Within the past three years, Max Spann Real Estate & Auction Co. has sold more than 25 bank branches. “These former bank branches could easily open as banks or could be converted into regular office spaces for other uses, such as a law firms, financial services offices or accounting firms,” said Bob Dann, executive vice president and chief operations officer of Max Spann.

The commercial buildings feature everything to be expected from former banks, complete with teller windows, offices, ATM vestibules, and vaults. “We even supply the combinations,” said Dann.

All of the banks are on major roadways, offering constant streams of potential customers, Dann said. Dann also noted that two bank branches in Salem and Mercer Counties will also be auctioned on December 9 by order of the bank. Previews for the Carneys Point and Trenton branches will be held on-site on Monday, November 23 from noon to 2 p.m. and Tuesday, December 1 at the same times. The property at 270 Georgetown Rd. in Carneys Point sits on 2 acres and with convenient access to the Delaware Memorial Bridge to Wilmington, DE and South NJ markets. The former bank branch at 150 South Broad St. in Trenton is 4,500 s/f and is move-in ready.

To learn more, call 888-299-1438 or visit maxspann.com to obtain a property information package. Preview the property, attend the auction, and bid.

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