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For Sale | 402 W Pender Street | Trophy Downtown Vancouver Investment Opportunity

Market Price

402 West Pender Street, Vancouver, BC V6B 1T6, Canada

Active
Last Updated: 02/03/2025

1,149,118.5

NOI

56,162 sqft

Building Size

Details:
NOI:    $1,149,118.50
Building Size:    56,162 sqft
Lot Area:    6,240 sqft
Year Built:    1913
Zoning:    DD
Number of Elevators:    2
Highlights:
  • Significant Capital Upgrades
  • Award Winning Renovation
  • Passenger Elevators
  • Versatile Uses
  • Breathtaking Views
  • Flexible Office Layouts
  • Amenities
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 trophy asset in Downtown Vancouver, making it an exceptional investment prospect for investors, developers, and owner-users alike.

Map:
Documents:
Title
Pender_St._W_402.pdf
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Location
Gallery