439 S Fourth Street

    Globe, AZ 85501
    • $349,900
    • STATUS: Active
    • ON SITE: 253 days
    • MLS #: 5982337
    UPDATED: 157 min ago
    $349,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Wow! This facility consists of 2 buildings one built in 1945 and the other building built in 1906 and is the oldest school building in Globe and has not been used for school purposes since 2009. Each building is constructed with poured concrete, foam-covered roofs and formerly an East Globe Elementary school. These structures are located on a rectangular-shaped full city block, with this entire perimeter covered with 6 foot chain-link metal fencing. The first building has 3 floors each measuring some 5,000 sf. THE FRONT BUILDING faces on U.S. 60 which is named ''Ash Avenue'' as it runs through Globe, AZ and has a total of 15,000 sf. The first floor currently contains administrative offices for a (a) Student Reception area, (b) A School Principal & (c) A School Nurse. These offices areserved by a central air conditioning/heating unit and on the same first floor of the building there are five large classrooms which have an evaporative cooling system with forced air heat. Additionally, there are both men's and women's bathrooms on the ground floor here, along with blackboards and other school accessories in each classroom. Further, all three floors of this building have tile flooring in the rooms and polished cement in the outside hallways. THE SECOND FLOOR in this front building contains a total of 6 classrooms. The third floor has three large rooms, all three of these floors each containing 5,000 sf of space. There are several important security features in this front building. First, there are large chain-link gates on the first floor to enter the building from two sides. Further, chain-link fencing extends above all floor banisters, so no student climbing could provide access. Finally since this building has been continuously used through December 2015 as a school facility, it is fully improved with Wi-Fi access and other accessory features are all up-to-date. REAR BUILDING - There are 2 floors to this structure, each containing 5,000 sf. On the first floor are five classrooms and approximately 75% of all the opening in this building have been refitted, with new vintage-type, appropriate sized & double-paneled, metal-clad windows. Hardwood flooring exists throughout this structure and there are two 1/2 unisex restrooms in this building along with two very large men's and women's bathrooms with plumbing piping but no toilets, shower fixtures or washbasins. SPECIAL FEATURES: 1. Changeable building signate-property front. 2. Regulation Tennis Court. 3. On-site recess areas/3 basketball areas. 4. Boiler, hot water heating system replaced in rear building, circa 2008, at a cost (rounded) $100,000 for radiator-type heat in building. 5. Full fire sprinkler system in rear building. 6. Separate building, which was a former school library, of (rounded) 2,000 sf, that included central air conditioning/heating system and two restrooms. 7. Electrical/gas systems in both buildings are code compliant except for certain short gas plumbing needs in rear building. 8. Two additional large bathrooms in rear building contains plumbing/all fixtures here (toilets, sinks, showers) need to be replaced; 2 1/2 fully equipped restrooms currently existing. 9. On-site parking: 12 spaces in front of building/ 20 spaces in rear and side of site. SPECIAL NOTE ON VALUE ADD OPPORTUNITY It is recognized that the rear right hand section of these premises contains a piece of vacant land of (rounded) one-half acre. This space could accommodate 20 newlt-constructed one-bedroom apartments for seniors. Also, parking spaces for this building could also be conveniently placed here. If it was decided to pursue full service senior housing on this campus, this would be the only facility in the City of Globe to offer such accommodations. Combining (a) this new facility and (b) the existing rear two-story building into both a "lifelong learning" facility and kitchen quarters, would allow a needed service to be available in this town. Finally, this type of program should add a significant revenue stream to the ownership of this premises.

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    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than BIG Helper Realty Group at EXP Realty. Data last updated 2020-06-03T00:11:40.21.
    www.bighelperhomesearch.com/homes/99252532

    439 S Fourth Street Globe, AZ 85501

    • Price: $349,900
    • Status: Active
    • Updated: 157 min ago
    • MLS #: 5982337
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1961
    Built
    Neighborhood:
    East Globe Map Unit 1
    County:
    Gila
    Area:
    Globe
    School District:
    000 - Out of Area
    Property Description
    Wow! This facility consists of 2 buildings one built in 1945 and the other building built in 1906 and is the oldest school building in Globe and has not been used for school purposes since 2009. Each building is constructed with poured concrete, foam-covered roofs and formerly an East Globe Elementary school. These structures are located on a rectangular-shaped full city block, with this entire perimeter covered with 6 foot chain-link metal fencing. The first building has 3 floors each measuring some 5,000 sf. THE FRONT BUILDING faces on U.S. 60 which is named ''Ash Avenue'' as it runs through Globe, AZ and has a total of 15,000 sf. The first floor currently contains administrative offices for a (a) Student Reception area, (b) A School Principal & (c) A School Nurse. These offices areserved by a central air conditioning/heating unit and on the same first floor of the building there are five large classrooms which have an evaporative cooling system with forced air heat. Additionally, there are both men's and women's bathrooms on the ground floor here, along with blackboards and other school accessories in each classroom. Further, all three floors of this building have tile flooring in the rooms and polished cement in the outside hallways. THE SECOND FLOOR in this front building contains a total of 6 classrooms. The third floor has three large rooms, all three of these floors each containing 5,000 sf of space. There are several important security features in this front building. First, there are large chain-link gates on the first floor to enter the building from two sides. Further, chain-link fencing extends above all floor banisters, so no student climbing could provide access. Finally since this building has been continuously used through December 2015 as a school facility, it is fully improved with Wi-Fi access and other accessory features are all up-to-date. REAR BUILDING - There are 2 floors to this structure, each containing 5,000 sf. On the first floor are five classrooms and approximately 75% of all the opening in this building have been refitted, with new vintage-type, appropriate sized & double-paneled, metal-clad windows. Hardwood flooring exists throughout this structure and there are two 1/2 unisex restrooms in this building along with two very large men's and women's bathrooms with plumbing piping but no toilets, shower fixtures or washbasins. SPECIAL FEATURES: 1. Changeable building signate-property front. 2. Regulation Tennis Court. 3. On-site recess areas/3 basketball areas. 4. Boiler, hot water heating system replaced in rear building, circa 2008, at a cost (rounded) $100,000 for radiator-type heat in building. 5. Full fire sprinkler system in rear building. 6. Separate building, which was a former school library, of (rounded) 2,000 sf, that included central air conditioning/heating system and two restrooms. 7. Electrical/gas systems in both buildings are code compliant except for certain short gas plumbing needs in rear building. 8. Two additional large bathrooms in rear building contains plumbing/all fixtures here (toilets, sinks, showers) need to be replaced; 2 1/2 fully equipped restrooms currently existing. 9. On-site parking: 12 spaces in front of building/ 20 spaces in rear and side of site. SPECIAL NOTE ON VALUE ADD OPPORTUNITY It is recognized that the rear right hand section of these premises contains a piece of vacant land of (rounded) one-half acre. This space could accommodate 20 newlt-constructed one-bedroom apartments for seniors. Also, parking spaces for this building could also be conveniently placed here. If it was decided to pursue full service senior housing on this campus, this would be the only facility in the City of Globe to offer such accommodations. Combining (a) this new facility and (b) the existing rear two-story building into both a "lifelong learning" facility and kitchen quarters, would allow a needed service to be available in this town. Finally, this type of program should add a significant revenue stream to the ownership of this premises.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Lot Size Dimensions 219.89 X 416.71 X 219.89 X 416.71 Parking FreePaved Parking Roads AsphaltSidewalk(S) Roofing Other (See Remarks)

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Other (See Remarks) Cooling Heat PumpOther (See Remarks) Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Other (See Remarks) Heating Electric

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities Manager Res/OfficeOther (See Remarks)Play AreaSport Court(S)Tennis Court(S) Cross Street Ash St & 4th St Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric City Electric Gas None Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing ConventionalOther (See Remarks)Seller May CarryTrade Operating Exp 5866.00 Other Income 0.00 Other Type Other (See Remarks)Packaged Offering Owner Pays OtherSee Remarks Project Type 13 - 24 Units25 - 50 Units51 - 99 UnitsOther (See Remarks) Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Gila - County Taxes 5866.00 Tenant Pays Other (See Remarks) Vacancy Allowance 0.00 Water City Franchise Zoning Commercial

    Listing courtesy of S.J. Fowler Real Estate, Inc..


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than BIG Helper Realty Group at EXP Realty. Data last updated 2020-06-03T00:11:40.21.
     
    BIG Helper Realty Group at EXP Realty
    2730 S Val Vista Dr. Suite 129
    Gilbert AZ, 85295