Salehian.com 647-325-5000

766 Adelaide Street N

East G, London East, N5Y 2L6

$149,900

Reduced $50,000 from $199,900

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  • 1 bathrooms

Listed 214 days ago · MLS® X12904956

About this home

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.

Details

Type
Sale Of Business
Garage
None
Neighbourhood
East G
Municipality
London East

Interior

Bathrooms
1 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Water and sewer
Sanitary+Storm
Utilities
Yes

More

Possession
seller available to assist with transfer of ownership
Cross street
Oxford St E
Business type
Art Gallery

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 2 grocery stores, 14 cafés and restaurants, 5 parks, 2 pharmacies. Nearest grocery: Metro (850 m). Nearest park: McMahen Park (450 m).

Schools nearby

Elementary

  • St. Michael Separate School Catholic
    EQAO: Gr 6 reading 94%, math 53%    11 min walk
  • St George's Public School Catholic
    EQAO: Gr 6 reading 90%, math 81%    14 min walk
  • Lord Roberts Public School15 min walk
  • Knollwood Park Public School
    EQAO: Gr 6 reading 74%, math 38%    16 min walk

Secondary

  • Catholic Central High School Catholic
    EQAO: Gr 9 math 57%, literacy test 89%    1.4 km
  • London Central Secondary School
    EQAO: Gr 9 math 81%, literacy test 91%    1.4 km
  • H.B. Beal Secondary School
    EQAO: Gr 9 math 56%, literacy test 79%    1.5 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N5Y

Owners / renters
45% / 55%
Median household income
$63,600
Average age
38
Children under 15
16%
Homes
41% detached, 29% high-rise
Commute by transit
12%
Population
35,934

Languages spoken most at home besides English: Nepali 2%, Malayalam 1.7%, Arabic 1.1%, Assyrian Neo-Aramaic 1.1%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown London: 2 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE TRILAND REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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