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More_Exhibits_for_128_Margin_Mon_Feb_20_2023 Unofficial Property Record Card - Salem, MA General Property Data Parcel ID 25-0507-0 Account Number Prior Parcel ID -- Property Owner NAUMKEAG REALTY TRUST Property Location 128 MARGIN STREET COPELAS PETER JR/PETER A TRS Property Use Ind.-Whs. Mailing Address 135 BOSTON STREET Most Recent Sale Date 3/16/2020 Legal Reference 38339-84 City SALEM Grantor BEAULIEU PROPERTIES LLC, MaHiflg-State MA Zip 01970 Sale Price 560,000 ParcelZoning R2 "4 Land Area 0.127 acres Current Property Assessment Card 1 Value Building Value 197,000 Xtra FeaturesValue 4,300 Land Value 202,200 Total Value 403,500 Building Description Building Style Office Foundation Type Slab Flooring Type Hardwood #of Living Units 2 Frame Type Steel Basement Floor N/A Year Built 1940 Roof Structure Flat Heating Type Forced H/W Building Grade Average Roof Cover Tar+Gravel Heating Fuel Oil Building Condition Average Siding Conc.Block Air Conditioning 0% Finished Area(SF)3604 Interior Walls Drywall #of Bsmt Garages 0 Number Rooms 0 #of Bedrooms 0 #of Full Baths 0 #of 3/4 Baths 0 #of 1/2 Baths 2 #of Other Fixtures 0 Legal Description Narrative Description of Property This property contains 0.127 acres of land mainly classified as Ind.-Whs.with a(n)Office style building,built about 1940,having Conc.Block exterior and Tar+Gravel roof cover,with 2 unit(s),0 room(s),0 bedroom(s),0 bath(s),2 half bath(s). 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Business Narrative History:The Farm Direct Coop was founded in 1993 in Marblehead as the Marblehead Eco- Farm CSA. (Community Support Agriculture). A pre-cursor to the Farmers Market founded just a few years later. FDC expanded to Salem in 2000, and to Melrose in 2005. Our operation has outgrown our current location & we are looking for new warehouse space. 128 Margin Street is a good fit for us considering dimensions, location, & cost. We offer our leftover produce to the Salem COA twice weekly in the season. Our model: We sell shares to a set number of members, currently 800, in the January through March preseason. Primarily vegetables &fruits, we also have shares of flowers, eggs, mushrooms & cheese. We make purchases of local, organic foods at wholesale cost, passing them to members at retail prices. Members pay for these in advance & receive their shares at off-site pickup spot(s) We strive to match or beat the prices of a farmer's market. We accept SNAP (formerly food stamps) and participate in HIP (Healthy Incentives Program). Participants spend SNAP dollars on fresh fruits & vegetables & receive the same back in their account instantly. Essentially receiving free, fresh food. Timing& Pick-Up Locations: We distribute at off-site locations. Once in February (Hawthorne Hotel), twice a month in March &April, thrice in May, and weekly from June through October, 4 times in November & once in December (locations below) We are not a store. We are not open to the public. We do not prepare foods/cook/make meals We do not have/need a dumpster. There are large swaths of time we are not using our warehouse Pick-Up Locations: Stramski Way in Marblehead (moving to Coffin School this year) Leslie's Retreat Parkway in Salem (aka dog park) The Knoll in Melrose (veterans memorial park) Our move to a larger space will offer us the opportunity to expand our refrigeration &offer more items to our members as well as the possibility of inviting overflow members to pick up at this new location once per week. Employee Parking: The facility will operate with either on e(1) or two(2) regular employees, occasional part-time volunteers, and one delivery truck which will not be parked overnight at this facility.The two (2) existing on-site parking spaces included in our lease will therefore be legally adequate (1 space per 2 employees). There is also substantial on-street parking around and near the site. Activities/traffic at warehouse in a typical week: Saturdays and Sundays: the warehouse is closed except for occasional office work or inventory. Mondays and Wednesdays: shelve, pack and label products for next-day deliveries Tuesdays and Thursdays: organize and pack coolers and boxes of product for deliveries; deliveries packed into delivery truck; loading process takes about 1 hour, and is complete before 1:00 PM. Fridays: clean coolers and check inventory. Most of our traffic occurs off site. Our members arrive at each town & city location listed above on both Tuesday &Thursday. The food for those people does not come to the warehouse (128 margin) but instead goes to our Marblehead location to be further split for the Salem & Melrose locations & members pick up same day, then leftovers go to the COA or a food pantry/soup kitchen. The use of 128 Margin will be limited to storage of shelf stable items, packaging, coolers & coolant (fridge & freezer to create ice) and the food for the Wednesday box shares. We have secured a 2nd Marblehead location (Clifton Church) and have a staffer who can make home deliveries. If 128 Margin st is convenient to some participants, we anticipate offering this as a pick up location on Wednesday afternoons, possibly 2-4pm, with timed arrivals via Eventbrite. In our experience some members walk, some bike & some drive. This is true in all current locations. Julie Pottier-Brown Operations Manager 978-304-2627 Secretary of the Commonwealth of Massachusetts William Francis Galvin Business Entity Summary ary ID Number: 000473071 Request certificate New search] Summary for: FARM DIRECT CO-OP, INC. The exact name of the Nonprofit Corporation: FARM DIRECT CO-OP, INC. The name was changed from: MARBLEHEAD ECO-FARM, INC. on 02-24-2010 The name was changed from: MARBLEHEAD COMMUNITY ORGANIC FARM AND ECOLOGY CENTER, INC. on 11-22-1996 Entity type: Nonprofit Corporation Identification Number: 000473071 Old ID Number: 000000000 Date of Organization in Massachusetts: Date of Revival: 2/19/2013 12:00:00 AM 08-09-1994 Date of Involuntary Revocation: 06-18- Last date certain: 2012 Current Fiscal Month/Day: 12/31 Previous Fiscal Month/Day: 01/01 The location of the Principal Office in Massachusetts: Address: 4 BERINGER WAY City or town, State, Zip code, MARBLEHEAD, MA 01945 USA Country: The name and address of the Resident Agent: Name: Address: City or town, State, Zip code, Country: The Officers and Directors of the Corporation: Title Individual Nanie Address lean expires PRESIDENT LORI DOBSON 33 MANTON ROAD SWAMPSCOTT, 03-01- MA 01907 USA 2019 TREASURER PATTYE COMFORT 14 CYPRESS STREET MARBLEHEAD, 03-01- MA 01945 USA 2022 TREASURER AMY IMHOFF 6 LAUREL STREET MARBLEHEAD, 03-01- MA 01945 USA 2019 MEMBER HALLEY KAMERKAR 16 SUMMER STREET #1 SALEM, MA 03-01- 01970 USA 2020 MEMBER MELYNN NUITE 3 DEVEREAUX STREET SALEM, MA 03-01- 01970 USA 2020 MEMBER AMY PIANTEDOSI 24 SCHOOL STREET MELROSE, MA 03-01- 02176 USA 2021 MEMBER STEVE FOWLER 62 LAFAYETTE STREET #2 03-01- MARBLEHEAD, MA 01945 USA 2022 MEMBER ANNE MACDONALD- 18 SPEAR STREET MELROSE, MA 03-01- FISHER 02176 USA 2022 MEMBER GRACE TAYLOR 51 HANCOCK STREET SALEM, MA 03-01- 01970 USA 2022 CLERK LEAH HANCOCK 11 OVERLOOK ROAD WAKEFIELD, 03-01- MA 01880 USA 2019 MEMBER SARAH BAROW 17 MIDDLESEX AVE. SWAMPSCOTT, 03-01- MA 01907 USA 2022 DIRECTOR LORI DOBSON 33 MANTON ROAD SWAMPSCOTT, 03-01- MA 01907 USA 2019 Confidential Merger Consent Data Allowed Manufacturing View filings for this business entity: ALL FILINGS Annual Report Application For Revival Articles of Amendment Articles of Consolidation - Foreign and Domestic View filings Comments or notes associated with this business entity: New search The Drumlin Group. 600 Loring Avenue Salem, MA 01970 February 16, 2023 Heather Kaznoski and Mary Stewart Coldwell Banker 2 Atlantic Ave. Marblehead, MA 01945 Rom:_128 Margin St. Salem, MA Dear Heather and Mary: The following is a non-binding Letter-of-Intent on the part of the undersigned Landlord and Tenant to enter into a lease incorporating the following terms and conditions: Landlord: Naumkeag Management-Peter A. Copelas, Manager Tenant: Farm Direct Co-op, Inc. Area: 1,806+/-sq. ft. - (Portion of 128 Margin St., Salem, MA) (Approx. footprint is outlined in blue on attached Exhibit Term of Lease: Tenant's Option to Extend: Base Rent: Option Periods; Rent Real Estate Taxes: Common Area Maintenance: Commercial deal Estate Sales * Leasing Property Management * Consulting (978) 741-3696 Fax (978) 745-1223 Signage: Possession Date: Rent Commencement: Hours of Operation: Security Deposit: Assign/Sublet: Comprehensive Liability & Damage .Insurance: _ Licenses, Permits, &Approvals: Broker's Commission: Lease Form: Contingencies: C)Deal is subject to Tcs�ant securing its Special Permit on,or bdo©.e May 1,202,3. It Tenant does not possess by that Aate, either Party shall have the right to terminate this agreement; with no further recourse or legal action.Tsnant pledges tt diligently pursue all avenues and make every effort ko obtain the I pedal Permit. D) Tenant shall be proactive and contract with a reputable pest control.company for periodic/scheduled inspections and preventive maintenance in, and on the adjoining grounds of, the leased premises.. If the above Proposed terms and conditions presented above are acceptable,will ,you please have your client sign where indicated below and return to me. I will then obtain the Landlord's signature and transmit the fully executed LOI to you. At that' point, Peter will authorize his attorney to generate the lease. Lastly, any deal is subject to the execution and delivery of a mutually agreeable.lea.se document. Looking forward to reaching the successful completion of this transaction. Sincerely yours, The Drumlin Group, Inc. r Mark F. Shapiro Agreed and accepted on this 17th day of February, 2023. TENANT: FARM DIRECT CO-OP, INC. BY: atna�o�ooefo,a. Title: operations Manager Admin + Finance Manager reaeyaaea��no Agreed and accepted on this 18tWay of February, 2023. 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