Richter Plaza
Mixed-Use Investment Property in Marda Loop for Sale
Richter Plaza
Rare Investment Property in the Heart of Marda Loop
- Building Size 13,863 SF
- Site Size 0.36 Acres
- Year Built 1981
- Floors 2 + Lower Level
- Zoning Mixed Use + Active Frontage
- Parking 20 Surface Stalls
- Taxes (2025) $91,025
- Occupancy 99% Leased
- Current NOI $340,527
- WALT 3.26
- Sale Price $5,400,000
The Opportunity
A rare opportunity to acquire a cornerstone asset in the heart of Marda Loop, one of Calgary's most vibrant walkable commercial corridors. With frontage on 33rd Avenue SW, the property offers exceptional exposure and convenient access, with parking on-site and prominent signage opportunities.
Richter Plaza offers strong in-place incomes, being 99% leased over three floors, and a strong tenant mix across main floor retail and second floor office spaces.
For additional details regarding the property, including the rent roll, financials, current leases, and operating details, please sign and return the non-disclosure agreement in the documents section.
Building Highlights
Two-storey walk-up building with a rentable lower level premises
All suites are improved
Dedicated surface parking lot with alley access allowing for easy flow through traffic
Prominent signage in place for all tenants
Surrounded by a dense variety of retail, dining, and service amenities
Benefits from the high traffic of Marda Loop which continues to attract residents, and businesses to the area
Copyright © 2025 Avison Young. All rights reserved. Powered by SharpLaunch