Company buys second Oregon District property

An Oregon District company has purchased the former Postal Family Credit Union building. CORNELIUS FROLIK/STAFF
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An Oregon District company has purchased the former Postal Family Credit Union building. CORNELIUS FROLIK/STAFF

A local company has purchased a second commercial property in the Oregon District area with redevelopment plans that currently aren’t being shared.

Be Niice LTD has purchased the former Postal Family Credit Union building at 803 E. Fifth St., across from Dublin Pub, for $210,000.

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Two years ago, Be Niice purchased the long vacant building at 424 E. Fifth St., next to Blind Bob’s, and announced plans to create a new gift boutique an pastry shop and fusion restaurants.

RELATED: Oregon District ‘matures’ with boutique, pastry shop

Clive Wilson, which owns Be Niice in conjunction with his wife Geeta, said he’s researching some uses for the credit union and has plans they are working on. But, he said, he’s not ready to share them just yet.

“We see it as a good, strategic investment, with an eye to the future,” Wilson said.

In 2015, Wilson discussed Be Niice’s plans to open a boutique, pastry shop and fusion restaurant in the three-story building between Blind Bob’s and Newcom’s.

But Wilson said those plans were put on the back burner as he and his wife renovated a house they purchased in the Oregon District just behind their new building.

He said he hopes to resume work on the rehab project later this year, but it’s an expensive undertaking.

“We’re self-funded,” Wilson said, adding that he’ll have to resubmit plans to the city.