KW COMMERCIAL
2331 York Road, Ste. 100
Timonium, MD 21093NICHOLAS PISCATELLIAssociate Broker Keller Williams [email protected] #57522
Stormin Normans
OFFERING MEMORANDUM
PRESENTED BY:
BALTIMORE, MD
OFFERING MEMORANDUM
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KW COMMERCIAL
2331 York Road, Ste. 100
Timonium, MD 21093
NICHOLAS PISCATELLIAssociate Broker Keller Williams [email protected] #57522
Confidentiality & Disclaimer
OFFERING MEMORANDUM
All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third partysources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance orlack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projectedfinancial performance of the property for any party’s intended use or any and all other matters.
Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as toaccuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whetherwritten or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine theseand other matters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for aparty unless otherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspectionsand investigations including through appropriate third party independent professionals selected by such party. All financial data should beverified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independentprofessionals. KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financialdata or assumptions. KW Commercial does not serve as a financial advisor to any party regarding any proposed transaction.
All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by theparty with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions shouldbe discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complieswith applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, otherconsultants and governmental agencies. All properties and services are marketed by Towson in compliance with all applicable fair housingand equal opportunity laws.
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty orrepresentation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, orwithdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance ofthe property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
PRESENTED BY:
BALTIMORE, MD
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PROPERTY INFORMATION
1 | PROPERTY INFORMATION
EXECUTIVE SUMMARY
PROPERTY DESCRIPTION
PROPERTY DETAILS
COMPLETE HIGHLIGHTS
ADDITIONAL PHOTOS
1PROPERTY INFORMATION
STORMIN NORMANS
STORMIN NORMANS
PROPOSAL FOR COMMERCIAL SERVICES
OFFERING MEMORANDUM
Executive Summary
STORMIN NORMANS 1 | PROPERTY INFORMATION
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PROPERTY OVERVIEWPrime location includes large 27000 sf parcel with 6500 servicefacility including 5 service bays with lifts and 3 additional bays, w/additional large fenced storage area. Large open paved lot for usedcar business and guest parking.
PROPERTY FEATURESOpportunity for multiple businesses
27,000 sf on busy thorough fare Near MVA and Midline autoparts
6750 Auto service facility Including 5 Bay w lifts and 3additional bays
Large fenced years with Truck and forklift
Additional rear lot could accommodate car storage
SALE PRICE: $1,600,000
LOT SIZE: 0.62 Acres
BUILDING SIZE: 27,000 SF
YEAR BUILT: 1967
RENOVATED: 2012
ZONING: C-3-2
MARKET: Baltimore Northwest
CROSS STREETS: Tippett
PROPERTY OVERVIEWPrime location includes large 27000 sf parcel with 6500service facility including 5 service bays with lifts and 3additional bays, w/ additional large fenced storage area.Large open paved lot for used car business and guestparking.
LOCATION OVERVIEWLocated on heavily traveled Reisterstown Rd near MVA andMidline Auto parts
BUSINESS INCLUDESAuto Service Center with existing customer base.
ADDTIONAL ASSETSNew Alignment machine, Truck, Forklift and Inventoryall lifts and Co2 machine. Car salvage Inventory
DEALER LICENSEIncluded is a dealer license to sell used cars on the site.
Property Description
STORMIN NORMANS 1 | PROPERTY INFORMATION
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Property Details
STORMIN NORMANS 1 | PROPERTY INFORMATION
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PROPERTY NAME: Stormin Normans
STREET ADDRESS: 5329 Reisterstown Rd
CITY, STATE, ZIP: Baltimore, MD 21215
PROPERTY TYPE: Retail
GROSS LEASABLE AREA: 27000
BUILDING CLASS: Auto Service
ZONING: C-3-2
YEAR BUILT: 1967
NUMBER OF STORIES: 1
FOUNDATION: Concrete
WALLS: Brick and Concrete
Complete Highlights
STORMIN NORMANS 1 | PROPERTY INFORMATION
PROPERTY HIGHLIGHTS
• Opportunity for multiple businesses
• 27,000 sf on busy thorough fare Near MVA and Midlineauto parts
• 6750 Auto service facility Including 5 Bay w lifts and 3additional bays
• Large fenced years with Truck and forklift
• Additional rear lot could accommodate car storage
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Additional Photos
STORMIN NORMANS 1 | PROPERTY INFORMATION
LOCATION INFORMATION
2 | LOCATION INFORMATION
REGIONAL MAP
LOCATION MAPS
AERIAL MAP
ADVISOR BIO & CONTACT 1
2LOCATION INFORMATION
STORMIN NORMANS
STORMIN NORMANS
PROPOSAL FOR COMMERCIAL SERVICES
OFFERING MEMORANDUM
5329 Reisterstown Rd
Regional Map
STORMIN NORMANS 2 | LOCATION INFORMATION
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Location Maps
STORMIN NORMANS 2 | LOCATION INFORMATION
Aerial Map
STORMIN NORMANS 2 | LOCATION INFORMATION
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Advisor Bio & Contact 1
STORMIN NORMANS 2 | LOCATION INFORMATION
Nicholas Piscatelli
ASSOCIATE BROKER KELLER WILLIAMS FLAGSHIP
BACKGROUND
Specializing in the sale of multi-family properties, office buildings, restaurants developing, leasing and consulting on historicproperties. A real estate Broker and developer with over 40 years of experience. Purchased and/or sold over 300 single andmulti family properties. Developed and or operated several restaurants, hotels, and multiple other commercial enterprises.Developed over 400 apartment units in several different apartment buildings, and condominium regimes, Procured andsyndicated several projects using Historic Tax credits and low income housing tax credits. As President of Tax saleInvestors,we purchased over 15,000 tax liens in Maryland for over 7 years. Associate Broker with KW Commercial. Broker ofMaryland Commercial Ventures. Recently certified in International Property Sales as a CIPS designee.
EDUCATION
2016Certified International Property Specialist1979-1980Studied Business and Marketing University of Baltimore1970-1972L'Ecole Bachelors degree Restaurant and Hotel management1968-1970Culinary Institute of America trained as an Executive Chef
MEMBERSHIPS & ASSOCIATIONS
National Association Of RealtorsGreater Baltimore Board of RealtorsCertified International Property SpecialistKnight Of Grace- Order Saint John of JerusalemBoard member Aids Interfaith Residential Services (non-profit) 1990-1996, 2010-2014Board member Jobs Housing Recovery(non-profit) 2012-2014Executive Director American Dream House(non-profit)1996-Present
Awards:Baltimore Heritage AwardHistoric Preservation AwardCraftsmanship AwardDowntown Developer Award Mercantile Bldg. (Baltimore)Midtown Development Award 106 E Chase St (Mt Vernon)(3) Best of Baltimore Awards (Redwood Trust)
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