402 W Pender Street

402 W Pender Street
For Sale  
Description

Nestled in the heart of downtown Vancouver at the prominent intersection of West Pender and Homer Street, 402 West Pender Street reflects the area’s rich history and architectural heritage. The building was originally known as The British Columbia Securities Building and within the context of other commercial buildings of similar age and scale, this building dominates its surroundings and is a landmark in the area. This award-winning 9-storey, plus lower level, heritage building is comprised of approximately 46,558 SF and is celebrated for its striking brick, stone, and glazed terra cotta façade, complemented by beautiful interior and exterior detailing.

402 West Pender Street features 9 levels above grade, including a mezzanine level. The lower level/basement houses the mechanical rooms and features secure private storage lockers and a large common bike room.

Nearly $4 million has been invested in capital improvements to enhance the building’s character and meet the demands of today’s dynamic work environment.

402 West Pender Street represents a rare opportunity to acquire a landmark Downtown Vancouver asset offering stable in-place income, future rental growth and longer-term redevelopment potential. For owner-users, the currently leased main-level premises can be made available, providing up to approximately 7,402 SF for occupancy while retaining income from the balance of the building.

Features
• Nearly $4 million has been invested in capital improvements to enhance the building’s character and meet the demands of today’s dynamic work environment.
• Potential opportunity for an owner-user to establish a prominent corporate headquarters within a landmark heritage building while benefiting from rental income generated by the balance of the property.
• Award-winning renovations: The lobby and hallways have undergone a meticulous restoration, earning accolades for their exceptional design and inviting ambiance.
• The building is equipped with two charming heritage style passenger elevators.
• The building currently accommodates a wide range of uses. As per the City of Vancouver*, the existing approved uses within the building include general office, beauty and wellness centers, healthcare offices, and retail.
• Enjoy stunning vistas of the city skyline, North Shore Mountains, and Burrard Inlet from various vantage points within the building.
• The building features high-speed fiber optic internet access, bike storage, steam heating, operable windows and much more, ensuring a comfortable and productive work environment.
• The property presents potential for future redevelopment to support a variety of uses including hotel, residential, and micro-residential. Subject to approval from the City of Vancouver.

*Approved occupancy with the City of Vancouver for Group D Occupancy: Office, Beauty & Wellness (Beauty Salon, Nail Salon, Tattoo Parlour), & Healthcare Office. For Group E Occupancy: Retail. Purchaser is responsible for obtaining all necessary municipal approvals and licenses for their occupancy.

 
Price Brochure
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Details
  • Address 402 W Pender Street
  • District Downtown Vancouver
  • Type Investment
  • Lot Size 6,240 SF
  • Building Size Rentable Area: 49,224 SF | Basic Rentable Area: 46,558 SF | Gross Area: 56,162 SF
  • Zoning DD (Downtown District), Subsection C2
  • Year Built 1913
  • PID 012-169-561,012-169-595
  • Property Taxes $161,100.00 (2026)
Location Map   
Description

Nestled in the heart of downtown Vancouver at the prominent intersection of West Pender and Homer Street, 402 West Pender Street reflects the area’s rich history and architectural heritage. The building was originally known as The British Columbia Securities Building and within the context of other commercial buildings of similar age and scale, this building dominates its surroundings and is a landmark in the area. This award-winning 9-storey, plus lower level, heritage building is comprised of approximately 46,558 SF and is celebrated for its striking brick, stone, and glazed terra cotta façade, complemented by beautiful interior and exterior detailing.

402 West Pender Street features 9 levels above grade, including a mezzanine level. The lower level/basement houses the mechanical rooms and features secure private storage lockers and a large common bike room.

Nearly $4 million has been invested in capital improvements to enhance the building’s character and meet the demands of today’s dynamic work environment.

402 West Pender Street represents a rare opportunity to acquire a landmark Downtown Vancouver asset offering stable in-place income, future rental growth and longer-term redevelopment potential. For owner-users, the currently leased main-level premises can be made available, providing up to approximately 7,402 SF for occupancy while retaining income from the balance of the building.

Features
• Nearly $4 million has been invested in capital improvements to enhance the building’s character and meet the demands of today’s dynamic work environment.
• Potential opportunity for an owner-user to establish a prominent corporate headquarters within a landmark heritage building while benefiting from rental income generated by the balance of the property.
• Award-winning renovations: The lobby and hallways have undergone a meticulous restoration, earning accolades for their exceptional design and inviting ambiance.
• The building is equipped with two charming heritage style passenger elevators.
• The building currently accommodates a wide range of uses. As per the City of Vancouver*, the existing approved uses within the building include general office, beauty and wellness centers, healthcare offices, and retail.
• Enjoy stunning vistas of the city skyline, North Shore Mountains, and Burrard Inlet from various vantage points within the building.
• The building features high-speed fiber optic internet access, bike storage, steam heating, operable windows and much more, ensuring a comfortable and productive work environment.
• The property presents potential for future redevelopment to support a variety of uses including hotel, residential, and micro-residential. Subject to approval from the City of Vancouver.

*Approved occupancy with the City of Vancouver for Group D Occupancy: Office, Beauty & Wellness (Beauty Salon, Nail Salon, Tattoo Parlour), & Healthcare Office. For Group E Occupancy: Retail. Purchaser is responsible for obtaining all necessary municipal approvals and licenses for their occupancy.

 
  • Location 402 W Pender Street
  • Price
  • District Downtown Vancouver
  • Type Investment
  • Lot Size 6,240 SF
  • Building Size Rentable Area: 49,224 SF | Basic Rentable Area: 46,558 SF | Gross Area: 56,162 SF
  • Zoning DD (Downtown District), Subsection C2
  • Year Built 1913
  • Legal Description LT 9, BLK 35, PL VAP210, DL 541, NWLD
  • PID 012-169-561,012-169-595
  • Property Taxes $161,100.00 (2026)
Features
Contact Info
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Agent
  • Name corbel
  • Phone
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  • Email marketing@corbelcommercial.com
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