Rich Products Corporation has grown its Niagara Street footprint. The global food supplier has added the Oliver Gear Inc. properties to its holdings. Rich’s Jenesis Development LLC bought 1112-1114 Niagara Street yesterday for $1.05 million. The two buildings with 31,980 sq.ft. of space are located on 1.13 acres directly south of Rich’s corporate offices at 1150 Niagara Street.
From Queenseye’s Opportunity Knocks post in June 2020:
There are two buildings included in this sale – one is the gorgeous 1930s, art deco brick structure (lead image) that faces Niagara Street, while the other is a light manufacturing and warehouse setup. There is a 2,180 square foot office, and 13′-20′ ceilings in the production area, with basement storage, a newer roof and HVAC, a sprinkler system, 208 volt/800 amp power electric and includes indoor parking. Best of all, the property overlooks the Niagara River, and is in the heart of the “Niagara Street Now” infrastructure improvement zone.
The properties were listed at $1.45 million