In the heart of downtown Vancouver, at the intersection of West Pender and Homer, stands an iconic property that seamlessly marries early 20th-century charm with 21st-century utility.
Known originally as The British Columbia Securities Building, 402 West Pender Street is now an award-winning, nine-storey heritage property that offers investors and owner-users a rare foothold in the city’s tightly held commercial core.
Celebrated for its rich brick, stone, and glazed terra cotta façade, the 46,558 sq. ft. structure commands the corner it occupies, standing tall among a backdrop of newer developments and high-rise towers.
The building’s historical charm and presence is unmistakable.
With over 95% of its rentable space currently leased, and a projected net income exceeding $1.1 million, the property is more than a visual anchor — it’s a high-performing investment in a highly coveted location.
Beyond its grand exterior, the building has undergone nearly $4 million in capital upgrades, including an award-winning restoration of the lobby and common hallways, which blend timeless design with modern-day functionality. Two heritage-style elevators serve the building, while the lower level features secure storage lockers and a generously sized bike room — a nod to the active, urban lifestyle of many downtown tenants.
Inside, each floor offers flexible office layouts capable of accommodating both boutique and larger-scale tenants. Steam heating, operable windows, high-speed fibre optic internet, and renovated washrooms ensure Tenants are provided with contemporary comforts. From the building's upper levels, views stretch across the Burrard Inlet, North Shore Mountains, and the city skyline, providing an inspiring daily backdrop for those who work within.
Zoned DD (Comprehensive Development), the property is approved for a range of uses including general office, retail, healthcare offices, and beauty and wellness services.
Location-wise, the address is as central as it gets. In close proximity from CF Pacific Centre, Holt Renfrew, and Apple, it’s also surrounded by a host of standout local spots like Revolver Coffee, Purebread, and Chambar. The Financial District, Gastown, Crosstown, and Chinatown are all within easy walking distance, as are the city’s major transit lines via Granville and Waterfront Stations.
Add to that the fact that neighbouring sites — including 414, 424, and 430-440 West Pender — are already seeing significant redevelopment interest, and this offering becomes all the more compelling. With a Walk Score of 99 and a Transit Score of 100, 402 West Pender Street isn’t just well located — it’s the definition of urban accessibility.
Specs
- Address: 402 West Pender Street, Vancouver
- Lot Size: 6,240 sf. ft (Approximate)
- Size (Approximate): 46,558 sq. ft (Basic Rentable) | 49,224 sf. ft (Rentable) | 56,162 (Gross Building Area)
- Zoning: DD (Comprehensive Development)
- Price: Please Contact Agent
- Listed By: Corbel Commercial Real Estate Services
Whether viewed through the lens of legacy, income, or long-term opportunity, this property ticks all the boxes. It's a rare occasion when a downtown Vancouver landmark comes to market — and this one brings both pedigree and performance.
To learn more, visit the listing via Corbel Commercial Real Estate Services.WELCOME TO 402 WEST PENDER STREET
______________________________________________________________________________________________________________________________
This article was produced in partnership with STOREYS Custom Studio.
