450 S Hill Street

    Globe, AZ 85501
    • $249,900
    • STATUS: Active Under Contract
    • ON SITE: 253 days
    • MLS #: 5982372
    Under Contract
    UPDATED: 143 min ago
    $249,900
    • 0
      BEDS
    • 0.79
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 31,078
      SQFT
    • $8
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    Description

    Former Hill Street School is up for sale. This is a building of poured concrete which is fully sprinkled. It consists of 3 floors, each with 10,000 sf on each floor, with ceilings between 10 & 14 feet tall. There is a large parking area on the property and the entire premises is just under 7/10 of an acre. FIRST FLOOR: On the first floor are a series of large rooms, one of which is padded, that was apparently used for wrestling when the school was in operation. Also on the first floor is a very large gymnasium & basketball court, with ceilings of 25 feet which extend to the top of the 2nd floor. Further, there is a large men's and women's bathroom and a shower room that would accommodate at least 6 people at a time. Additionally, at the end of the basketball court, there is a stagearea and there are staircases in one side wal, leading to the second story of this structure. Finally, there are a variety of smaller rooms and within the FIRST FLOOR there could be a small cafe installed, along with a store selling a variety of items, similar to a Circle K or a 7/11 Store. SECOND FLOOR: There are 5 very large classrooms with end enclosed coat/supply closets and all the hardware of vintage chracter is intact here. A large room, overlooking Hill Street, is at the end of this floor and this could easily be turned into an apartment for a Caretaker. Also here are front and rear staircases to the ground floor and third floor . AN UNUSUAL FEATURE: There is a RUNNING TRACK extending above the Basketball Court, which is about 6 ft wide and apparently was used for this purpose. It is slanted slightly toward the center of the building and although it has supported persons walking across it, it is likely not safe and should probably be removed. THE RECOMMENDATION is provided here that this "RUNNING TRACK" should be removed and a full floor be erected by extending the flooring across this open space. this would provide significantly more space on the 2nd floor. THIRD FLOOR: There are six very large classrooms, again coat/supply closets on one end of each of these rooms. Tall ceilings of (rounded) 14 ft exist here and also staircases at the front and rear of this floor exist. SPECIAL FEATURES: ROOFING: Some 10 years ago, a new foam roof was installed on this former school. There is a brochure in file, provided by the original company who installed this improvement, explaining the (a) materials and (b) processes used for this installation, which is available for inspection. ELECTRICAL SYSTEM: Up until 2 years ago, this building was leased for some 3 years as a Roller Skating Rink. Lessons in this sport were provided by a professional in the field and there was significant activity in this building. In essence, the full electrical system was in use here for this prior time period and met all needed codes. NATURAL GAS SYSTEM: At the time of the purchase of this former school, there was a very large GAS METER existing on the premises. It has been removed (but could be reinstalled, if this utility was needed) because the gas service here was not used/turned on for several years. Still existing in some rooms are overhead gas heaters for winter time use. WINDOW SITUATIONS: New double paned windows were installed around the front of the 3 stories near Hill Street. It is recommended that ALL NEW WINDOWS be installed on the remaining openings, when time permits. An inspection suggests that the old windows can be released from the concrete framing by removing the inside and outside surrounds and reinstalling new windows. In 2015, an estimate was received from THE HOME DEPOT store in Mesa, AZ to deliver, to the site, all the remaining windows, and this was stated at (rounded) $25,000. Installation expense would be above this figure and could be done with local labor. ELEVATOR POTENTIAL: About 5 years ago, an Elevator installation firm from Phoenix looked at the potential of installing a tower and walkways into each of the three floors of this facility. At one time, also discussed with officials of the CITY OF GLOBE was the prospect of abandoning the street on the right hand side of the structure, so as to be able to extend this ELEVATOR STRUCTURE into this area and also provide more direct parking to the building. This information was provided by a party familiar with the activities of the prior buyers, who failed to close escrow, resulting with the building coming on the market for the current owner. INTERESTING POTENTIAL FOR THIS BUILDING: WORKING WITH LOCAL SENIORS: There are NO CONDOMINIUM PROJECTS in Globe and only one "Over 55" project of Rental Apartments. To illustrate, within the last several years, I was stopped by a local citizen who indicated that if the former Hill Street School was ever turned into a residential facility, she would like to be able to live in the room where she was formerly taught "Arithmetic", "Mathematics or Calculus", so it appears that many Seniors could be attracted to this building, because of their former schooling there. NATIONAL REGISTER OF HISTORIC PLACES: This structure is NOT on the National Register, but should easily qualify, due to its age and community importance. The current owner inquired as this potential in 2016 and it was determined that a Historic Architect in Tucson could and would do this job for a fee somewhere around $2500. PHASE I - Has been completed - No Asbestos, Lead, etc. Report is available to a potential buyer when in contract.

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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/99253955

    450 S Hill Street Globe, AZ 85501

    • Price: $249,900
    • Status: Active Under Contract
    • Updated: 143 min ago
    • MLS #: 5982372
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.79
    Acres
    31,078
    SQFT
    $8
    $/SQFT
    1962
    Built
    Neighborhood:
    Globe Townsite
    County:
    Gila
    Area:
    Globe
    Property Description
    Former Hill Street School is up for sale. This is a building of poured concrete which is fully sprinkled. It consists of 3 floors, each with 10,000 sf on each floor, with ceilings between 10 & 14 feet tall. There is a large parking area on the property and the entire premises is just under 7/10 of an acre. FIRST FLOOR: On the first floor are a series of large rooms, one of which is padded, that was apparently used for wrestling when the school was in operation. Also on the first floor is a very large gymnasium & basketball court, with ceilings of 25 feet which extend to the top of the 2nd floor. Further, there is a large men's and women's bathroom and a shower room that would accommodate at least 6 people at a time. Additionally, at the end of the basketball court, there is a stagearea and there are staircases in one side wal, leading to the second story of this structure. Finally, there are a variety of smaller rooms and within the FIRST FLOOR there could be a small cafe installed, along with a store selling a variety of items, similar to a Circle K or a 7/11 Store. SECOND FLOOR: There are 5 very large classrooms with end enclosed coat/supply closets and all the hardware of vintage chracter is intact here. A large room, overlooking Hill Street, is at the end of this floor and this could easily be turned into an apartment for a Caretaker. Also here are front and rear staircases to the ground floor and third floor . AN UNUSUAL FEATURE: There is a RUNNING TRACK extending above the Basketball Court, which is about 6 ft wide and apparently was used for this purpose. It is slanted slightly toward the center of the building and although it has supported persons walking across it, it is likely not safe and should probably be removed. THE RECOMMENDATION is provided here that this "RUNNING TRACK" should be removed and a full floor be erected by extending the flooring across this open space. this would provide significantly more space on the 2nd floor. THIRD FLOOR: There are six very large classrooms, again coat/supply closets on one end of each of these rooms. Tall ceilings of (rounded) 14 ft exist here and also staircases at the front and rear of this floor exist. SPECIAL FEATURES: ROOFING: Some 10 years ago, a new foam roof was installed on this former school. There is a brochure in file, provided by the original company who installed this improvement, explaining the (a) materials and (b) processes used for this installation, which is available for inspection. ELECTRICAL SYSTEM: Up until 2 years ago, this building was leased for some 3 years as a Roller Skating Rink. Lessons in this sport were provided by a professional in the field and there was significant activity in this building. In essence, the full electrical system was in use here for this prior time period and met all needed codes. NATURAL GAS SYSTEM: At the time of the purchase of this former school, there was a very large GAS METER existing on the premises. It has been removed (but could be reinstalled, if this utility was needed) because the gas service here was not used/turned on for several years. Still existing in some rooms are overhead gas heaters for winter time use. WINDOW SITUATIONS: New double paned windows were installed around the front of the 3 stories near Hill Street. It is recommended that ALL NEW WINDOWS be installed on the remaining openings, when time permits. An inspection suggests that the old windows can be released from the concrete framing by removing the inside and outside surrounds and reinstalling new windows. In 2015, an estimate was received from THE HOME DEPOT store in Mesa, AZ to deliver, to the site, all the remaining windows, and this was stated at (rounded) $25,000. Installation expense would be above this figure and could be done with local labor. ELEVATOR POTENTIAL: About 5 years ago, an Elevator installation firm from Phoenix looked at the potential of installing a tower and walkways into each of the three floors of this facility. At one time, also discussed with officials of the CITY OF GLOBE was the prospect of abandoning the street on the right hand side of the structure, so as to be able to extend this ELEVATOR STRUCTURE into this area and also provide more direct parking to the building. This information was provided by a party familiar with the activities of the prior buyers, who failed to close escrow, resulting with the building coming on the market for the current owner. INTERESTING POTENTIAL FOR THIS BUILDING: WORKING WITH LOCAL SENIORS: There are NO CONDOMINIUM PROJECTS in Globe and only one "Over 55" project of Rental Apartments. To illustrate, within the last several years, I was stopped by a local citizen who indicated that if the former Hill Street School was ever turned into a residential facility, she would like to be able to live in the room where she was formerly taught "Arithmetic", "Mathematics or Calculus", so it appears that many Seniors could be attracted to this building, because of their former schooling there. NATIONAL REGISTER OF HISTORIC PLACES: This structure is NOT on the National Register, but should easily qualify, due to its age and community importance. The current owner inquired as this potential in 2016 and it was determined that a Historic Architect in Tucson could and would do this job for a fee somewhere around $2500. PHASE I - Has been completed - No Asbestos, Lead, etc. Report is available to a potential buyer when in contract.
    Exterior Features

    Construction BlockTilt-Up Covered Parking Spaces 0.00 Exterior Features Corner Lot Fencing See RemarksWire Freeway Highway Up To 1 Mile Parking FencedFreePaved ParkingPrivate Parking Roads AsphaltCurb(S) & Gutter(S)Sidewalk(S) Roofing Other (See Remarks) Stories 3 - 4 Stories Total Parking Spaces 158.00 Uncovered Parking Spaces 158.00

    Interior Features

    Amenities CafeteriaOther (See Remarks) Ceiling Height 12.1 Feet To 14 Feet16.1 Feet To 28 Feet Cooling Central A/C Flooring Other (See Remarks) Heating Electric Interior Features Finished

    Property Features

    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 Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type CommercialOther (See Remarks) Cross Street S. Hill Street & Us 60 (Ash Street) Current Use Mixed UseOtherSee RemarksService Business Electric City Electric Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number 11 Net Operating Income 0.00 Operating Exp 4212.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 4212.00 Traffic Count Unknown UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water City Franchise Zoning Cnty Prop

    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