Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Corner Retail Office Building Title is generated by Realmo AI

    1900-1904 Arsenal St, Saint Louis, MO 63118

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Corner retail and office building with multiple distinct spaces, including former restaurant and arcade layouts.

    Type:RETAIL
    Property size:
    13,527 SF
    Price / SF:
    $133/SF
    Added:
    Jun 2, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 5 at 2:17 am

    Property Features for 1900-1904 Arsenal St

    General Information

    Standard status
    Active
    Size
    13,527 SF
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Tom Weiler
    Tom Weiler

    Listing agent Tom Weiler

    Listing office Savoy Properties, LLC

    Listing date Jun 2, 2026

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Savoy Properties, LLC

    HighLights

    • 13,527 SF Benton Park corner retail/office building with multiple distinct spaces
    • For lease: 1st floor space includes 3,641 SF former restaurant and 3,103 SF former arcade
    • Additional leased space includes lower‑level office space and 2nd‑floor space with 6 office spaces
    • 2nd‑floor space includes a shared rooftop deck
    • Great visibility at the corner of Arsenal St and Lemp Ave

    Overview

    The property is a 13,527-square-foot Benton Park retail/office building offering multiple space types. For lease, available space includes the 1st floor, with 3,641 SF listed as a former restaurant and 3,103 SF listed as a former arcade. Additional leased space is described as lower-level office space and a 2nd floor with 6 office spaces plus a shared rooftop deck.

    The building is positioned for high street presence at the corner of Arsenal St and Lemp Ave. The availability of separate areas across levels supports operators and tenants looking for a variety of retail and office configurations within one building.

    This setup can work well for a restaurant or hospitality concept given the former restaurant space, while the former arcade area may appeal to entertainment-style uses that can be reconfigured to meet tenant needs. The lower-level and second-floor office components provide additional options for office users alongside a retail presence, depending on the tenant’s buildout and operational requirements.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.219048
    Latitude
    38.597197

    Nearby Similar for Sale

    • $650,000
      16,441 SF

      Versatile Brick Building in Prime Location

      16,441 SF mixed-use building on 1.92 acres for sale.
      9707 Chicago Heights Boulevard, Unincorporated, MO 63132
      View Details
    • $1,699,000
      45,612 SF

      Cool Valley Redevelopment Opportunity

      45,612 square foot property on 10.74 acres in Cool Valley.
      206 Emerling Drive, Cool Valley, MO 63121
      View Details
    • $2,399,999
      27,946 SF

      St. John Multifamily Investment Opportunity

      Well-maintained 24-unit apartment community with value-add potential.
      9310 Shirley Gardens Drive, St John, MO 63114
      View Details
    • $100,000

      Remodeled Retail Building with Highway Access

      Freestanding commercial building with highway access, suitable for various businesses.
      1310 S Florissant Road, Cool Valley, MO 63121
      View Details
    • $249,900
      2,983 SF

      Mixed Use Three-Level Building

      Updated three-level building offers flexible space with multiple unit potential and convenient paved parking.
      2731 Telegraph Road, Unincorporated, MO 63125
      View Details
    • $800,000
      16,144 SF

      School/Church

      All-brick building suitable for various businesses, church, or school.
      9707 Chicago Heights Blvd, Saint Louis, MO 63132
      View Details
    • $800,000
      16,144 SF

      9707 Chicago Heights Blvd

      Versatile brick building suitable for various businesses or redevelopment.
      9707 Chicago Heights Blvd, Saint Louis, MO 63132
      View Details
    • $1,490,000
      4,250 SF

      Medical Office in High-Traffic Area

      Well-equipped medical office with high visibility and ample parking.
      5701 Chippewa St , Saint Louis, MO
      View Details
    • $1,895,000
      37,544 SF

      Soulard Office/Warehouse Buildings For Sale

      Two buildings with office and warehouse space in Soulard.
      620 Shenandoah & 2322 South 7th Street, Saint Louis, MO 63104
      View Details
    • $3,895,000
      44,125 SF

      Industrial Property with Modern Office

      Well-maintained industrial building with upgraded features and ample parking.
      3555 Scarlet Oak Blvd, Saint Louis, MO 63122
      View Details
    • $599,000
      11,520 SF

      Equipped Auto Body Shop

      Equipped auto body shop with dealer licenses and fenced storage.
      5310 Martin Luther King Blvd, Saint Louis, MO 63140
      View Details
    • $350,000
      2,643 SF

      Office Building with Road Frontage

      Office space for lease or sale with excellent road frontage.
      10236 Halls Ferry Rd, Saint Louis, MO
      View Details

    FAQs

    What type of property is this?
    Retail space - Corner retail and office building with multiple distinct spaces, including former restaurant and arcade layouts.
    Where is this retail space located?
    The property is located at 1900-1904 Arsenal St Saint Louis, MO.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 13,527 SF Benton Park corner retail/office building with multiple distinct spaces; For lease: 1st floor space includes 3,641 SF former restaurant and 3,103 SF former arcade; Additional leased space includes lower‑level office space and 2nd‑floor space with 6 office spaces
    (314) 909-8400 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tom Weiler
    Tom Weiler
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1900-1904 Arsenal St, Saint Louis, MO 63118
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!