The Clarence Economic Development Office and The Clarence Community Advancement Group is partnering with Mr. & Mrs. Stewart who own this building consisting of 9,975 square foot, located at 103 West Chestnut Street in Clarence, Missouri.. The building was built in 1996 and encompasses a space of 100 to 102.5 feet by 141 feet (14,325 square feet). The Clarence Community Advancement Group, a non-profit organization formed to improve economic conditions in Clarence, is actively seeking potential industries to occupy this vacant building.

The building is available for immediate occupancy.

The Clarence Economic Development Office and the Advancement Group are interested in partnering with your company to fill your business expansion/relocation needs. We are working closely with the Missouri Department of Economic Development and other state agencies on this project. Please visit their web site at www.ecodev.state.mo.us.

Clarence Missouri is located in Northeast Missouri on highway 36 and highway 151. It is a small community with a lot of energy. We would be delighted to discuss the possibility of having your business locate here and we would be happy to answer any questions you might have. Please contact Cindy Bowman, Economic Development Director, at 660-699-2270. You can contact Cindy by e-mail by mailing to cclarence@centurytel.net.

BUILDING INFORMATION

The building has four lots (103, 105, 107 and 109 West Chestnut)that encompass a space of 100 to 102.5 feet by 141 feet (14,325 square feet). Ample paved street parking is available.

The building was constructed in 1996.

The Building is 9,975 square feet designed according to BOCA (Building Officials and Code Administrators International, Inc.) codes. Ladies and gentlemen's toilets are handicap accessible.

The building was originally designed as a full-service 128-capacity restaurant with lounge and 120-capacity banquet room. With little remodeling, the building can be subdivided into 5 separate enterprises.

Ceiling speakers are wired for a cental PA system. Motion, smoke and fire detectors are designed with central monitoring and automatic emergency response calls.

An outdoor patio area is enclosed by cedar fencing and lattice; 21'x 45', one-half is under roof.

The estmated value (of the land and building), by the cost approach method, is $508,501.00. Shelby County Assessors established the real estate value at $552,200 in 1996. The real estate property tax is $7,698 for the county and $565 for the city. Utilities (gas, water and electricity) averaged $2,860 per month in 1998 during 7-days per week operation