Mixed-Use Corner Retail Office
1900-1904 Arsenal St Saint Louis, MO 63118
1900-1904 Arsenal St, Saint Louis, MO, 63118
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For Sale
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Corner retail and office building with multiple distinct spaces, including former restaurant and arcade layouts.
Property Size13,527 SF
Price / SF$133.07
Days on Market50
Property Features for 1900-1904 Arsenal St
General Information
- Standard status
- Active
- Size
- 13,527 SF
- Property subtype
- RETAIL
Listing agency
Savoy Properties, LLC
(314) 308-3194
Listed by
Tom Weiler
Source
Moodyscre
Added: Jun 2 Updated: Jul 10 at 3:59PM Checked: Jul 21 at 6:19AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $301.9k | $22.32 |
| − Vacancy | −$81.8k | −$6.05 |
| EGI | $220.1k | $16.27 |
| − OpEx | −$55.0k | −$4.07 |
| NOI | $165.1k | $12.20 |
13,527 SF · lease $22.32/SF/yr · vacancy 27.10% · expense 25.00%
Alternative Uses
Best Use
Retail
$2.60M
$2.27M – $3.03M
NOI $181,969 @ 7.0% cap · market cap 10.11%
Second Best
Office B
$2.36M
$2.06M – $2.75M
NOI $165,076 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$2.90M
$2.54M – $3.39M
NOI $203,219 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
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
