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Renanza Realty
For sale

766 ADELAIDE STREET N

London East (East G), Ontario

MLS® X12904956

$149,900

Status
Active
Property type
Business
MLS® number
X12904956
Bedrooms
Bathrooms
1
Year built

Listing description

Operating successfully since 1995, The Art Bank is a recognizable and reputable art gallery and custom framing business located at a prominent, high-traffic corner with exceptional visibility from multiple directions. Positioned at a major intersection, the business benefits from strong exposure and prominent signage that attracts both local and passing clientele. The impressive retail space features soaring 16-foot ceilings, ideal for displaying even the largest canvases, while expansive windows flood the gallery with natural light, creating an open, inviting atmosphere for customers and collectors alike.

The main floor offers over 1,500 square feet of retail space, complemented by a lower-level workshop and additional storage areas that support the business' multiple revenue streams. Adding to the character and versatility of the property are two unique bank vaults, offering creative potential for storage, private display areas or imaginative adaptive reuse. The abundance of space lends itself to a variety of opportunities such as private paint workshops, stained glass classes, or other artistic events that can further expand income potential.

The business has built a strong reputation for its extensive collection of artwork, giftware, and professional custom framing services, serving both corporate and private clients. All inventory, framing equipment, and supplies are onsite and included, making this a true turnkey opportunity for a new owner to step in and continue operating immediately. Convenient parking on the south and east sides accommodates several vehicles for customers and staff.

A rare opportunity to acquire a well-established creative business with strong visibility, character-filled space, and multiple avenues for growth.

Property summary

MLS® number
X12904956
Property type
Business
Days on market
166 days

Features & details

Heating
Forced air, Natural gas, Radiator
Cooling
Fully air conditioned
Lot features
Irregular lot size

What would this home cost you?

Based on the $149,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$697 /mo

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Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE TRILAND REALTY, LONDON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.