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766 Adelaide Street

766 Adelaide Street

London East, ON

  • 1 bath
  • Sale Of Business
  • 175 days on market
$149,900Price reduced 25%

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.

Listing Details

Originally Listed
$199,900
Listed
March 16, 2026

Price History

Parking

Garage
None

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Oxford St E
Zoning
AC4
Parcel Number
082790386
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Art Gallery

Community

Postal area N5Y

Population
35,934
Private dwellings
16,194
Median age
35.6
Average household size
2.3
Median household income
$63,600

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in London East · last 12 months

Median sold price
$462,000
Homes sold
1,322
Median days on market
25
Sale-to-list price
97.0%

Based on 1,322 recorded sales of commercial properties in London East over the last 12 months.

Listed by

ROYAL LEPAGE TRILAND REALTY

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