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Investment Highlights

  • Nearly $4 million has been invested in capital improvements to enhance the building's character and meet the demands of today's work environment.
  • The building is equipped with two charming heritage style passenger elevators.
  • Enjoy stunning vistas of the city skyline, North Shore Mountains, and Burrard Inlet from various vantage points within the building.
  • Award-winning renovations: The lobby and hallways have undergone a meticulous restoration, earning accolades for their exceptional design and inviting
  • The building accommodates a wide range of uses. As per the City of Vancouver, the existing approved uses within the building include general office,
  • High-speed fiber optic internet access, bike storage, steam heating, operable windows and more

Executive Summary

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 trophy asset in Downtown Vancouver, making it an exceptional investment prospect for investors, developers, and owner-users alike.

Attachments

Pender St. W 402

Property Facts

Sale Type
Investment
Sale Condition
Historical Site
Property Type
Office
Property Subtype
Office/Residential
Building Size
56,162 SF
Building Class
B
Year Built
1912
NOI
$814,920 USD
Percent Leased
95%
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
5,132 SF
Slab To Slab
10’
Building FAR
9.21
Lot Size
0.14 AC
Zoning
DD - Downtown District.

Amenities

  • 24 Hour Access
  • Property Manager on Site
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Fl-Ste 204
  • 416 SF
  • Office
  • Full Build-Out
  • Now

This 416 square foot office suite offers a compact yet thoughtfully laid-out workspace in the historic 402 West Pender Street building. The suite includes a dedicated waiting room, a bright main workspace with exposed ceilings and LED lighting, and a small utility room for storage or equipment. Large windows overlook Downtown Vancouver, providing natural light and city views, while original heritage details lend character to the space. The building has undergone award-winning renovations and features 24/7 secured access with monitored CCTV, secure tenant bike storage in the original vault, two passenger elevators and optional storage lockers for rent.

  • 2nd Fl-Ste 205 & 206
  • 423-846 SF
  • Office
  • -
  • Now

Bright and efficient small-format office available in a character-rich heritage building at 402 West Pender. Unit #205 & 206 offers 846 SF of functional workspace, ideal for a sole proprietor, start-up, or small professional user seeking a central downtown location. The suite features exposed ceilings with modern LED lighting, operable windows that bring in natural light, and charming heritage details throughout. With views over downtown Vancouver, the space feels open and inviting despite its efficient footprint. Tenants benefit from 24/7 secure access, bike storage, and proximity to Waterfront Station, providing seamless connectivity via SkyTrain, SeaBus, and multiple bus routes. Surrounded by some of Gastown and downtown’s best cafés, restaurants, and amenities, this is a highly convenient and vibrant location to operate from. Units can be demised to 423 sq.ft. and leased independently.

  • 2nd Fl-Ste 217
  • 601 SF
  • Office
  • Full Build-Out
  • Now

This bright and inviting corner office is perfect for a small business or creative workspace. With large windows offering plenty of natural light, stunning city views and the heritage charm 402 West Pender is a highly sought after heritage office building located in the heart of downtown! 402 West Pender provides convenient access to transit, shops, and nearby amenities. It’s the perfect location to grow your business in a professional and inspiring setting.

  • 7th Fl-Ste 706
  • 737 SF
  • Office
  • -
  • Now

Unit 706 at 402 West Pender Street offers a premium 737 SF boutique office opportunity in a beautifully restored heritage building in Downtown Vancouver. This corner unit features unobstructed views of Downtown, excellent natural light, and a highly functional layout including one private office, two boardrooms, and a dedicated reception/client entry area. Additional features include hardwood flooring, LED lighting, and fully operable windows with roller blinds. Located steps from Waterfront Station, the building offers 24/7 secured access, monitored CCTV, bike storage, and immediate access to Gastown’s top cafes, restaurants, and transit.

Space Size Space Use Build-Out Available
2nd Fl-Ste 204 416 SF Office Full Build-Out Now
2nd Fl-Ste 205 & 206 423-846 SF Office - Now
2nd Fl-Ste 217 601 SF Office Full Build-Out Now
7th Fl-Ste 706 737 SF Office - Now

2nd Fl-Ste 204

Size
416 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 205 & 206

Size
423-846 SF
Space Use
Office
Build-Out
-
Available
Now

2nd Fl-Ste 217

Size
601 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

7th Fl-Ste 706

Size
737 SF
Space Use
Office
Build-Out
-
Available
Now

2nd Fl-Ste 204

Size 416 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This 416 square foot office suite offers a compact yet thoughtfully laid-out workspace in the historic 402 West Pender Street building. The suite includes a dedicated waiting room, a bright main workspace with exposed ceilings and LED lighting, and a small utility room for storage or equipment. Large windows overlook Downtown Vancouver, providing natural light and city views, while original heritage details lend character to the space. The building has undergone award-winning renovations and features 24/7 secured access with monitored CCTV, secure tenant bike storage in the original vault, two passenger elevators and optional storage lockers for rent.

2nd Fl-Ste 205 & 206

Size 423-846 SF
Space Use Office
Build-Out -
Available Now

Bright and efficient small-format office available in a character-rich heritage building at 402 West Pender. Unit #205 & 206 offers 846 SF of functional workspace, ideal for a sole proprietor, start-up, or small professional user seeking a central downtown location. The suite features exposed ceilings with modern LED lighting, operable windows that bring in natural light, and charming heritage details throughout. With views over downtown Vancouver, the space feels open and inviting despite its efficient footprint. Tenants benefit from 24/7 secure access, bike storage, and proximity to Waterfront Station, providing seamless connectivity via SkyTrain, SeaBus, and multiple bus routes. Surrounded by some of Gastown and downtown’s best cafés, restaurants, and amenities, this is a highly convenient and vibrant location to operate from. Units can be demised to 423 sq.ft. and leased independently.

2nd Fl-Ste 217

Size 601 SF
Space Use Office
Build-Out Full Build-Out
Available Now

This bright and inviting corner office is perfect for a small business or creative workspace. With large windows offering plenty of natural light, stunning city views and the heritage charm 402 West Pender is a highly sought after heritage office building located in the heart of downtown! 402 West Pender provides convenient access to transit, shops, and nearby amenities. It’s the perfect location to grow your business in a professional and inspiring setting.

7th Fl-Ste 706

Size 737 SF
Space Use Office
Build-Out -
Available Now

Unit 706 at 402 West Pender Street offers a premium 737 SF boutique office opportunity in a beautifully restored heritage building in Downtown Vancouver. This corner unit features unobstructed views of Downtown, excellent natural light, and a highly functional layout including one private office, two boardrooms, and a dedicated reception/client entry area. Additional features include hardwood flooring, LED lighting, and fully operable windows with roller blinds. Located steps from Waterfront Station, the building offers 24/7 secured access, monitored CCTV, bike storage, and immediate access to Gastown’s top cafes, restaurants, and transit.

Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
  • Listing ID: 34567919

  • Date on Market: 1/22/2025

  • Last Updated:

  • Address: 402 W Pender St, Vancouver, BC V6B 1T5

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