Personal Pic

Sean Kim

Broker
RE/MAX Real Estate Centre Inc., Brokerage Independently owned and operated. 1140 Burnhamthorpe Rd W #141-A, Mississauga, Ontario L5C4E9 Cell: 416-998-1113Office: 905-270-2000Fax: 905-270-0047

$199,900
Available - For Sale
Listing ID: X12904956
766 Adelaide Street North , London East, N5Y 2L6, Middlesex


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.
Price $199,900
Taxes: $0.00
Tax Type: N/A
Occupancy: Owner
Address: 766 Adelaide Street North , London East, N5Y 2L6, Middlesex
Postal Code: N5Y 2L6
Province/State: Middlesex
Legal Description: N/A
Directions/Cross Streets: Oxford St E
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Art Gallery
Building Percentage: T
Total Area: 0.00
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 10-5
Employees #: 2
Seats: 0
Sprinklers: No
Washrooms: 1
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TRILAND REALTY
Personal Picture
Sean Kim
Broker
Dir:
416-998-1113
Bus:
905-270-2000
Fax:
905-270-0047
 
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At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: London East
Neighbourhood: East G
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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