178 East Pender Street

Vancouver, BC

FOR SALE

Property details

  • Rentable area 12,867 sf
  • Site size 6,100 sf
  • Site dimensions 50 ft x 122 ft
  • Year built 1971
  • Assessed Value (2024) $5,481,000
  • Pricing $6,880,000

Opportunity

Avison Young is pleased to present the opportunity to acquire a 12,867-sf commercial building in one of Vancouver’s most historic neighborhoods. Positioned on a 6,100-sf site, this two-story property features prominent frontage along East Pender Street. The building offers owner-users a unique opportunity to utilize the vacant main and basement levels while benefiting from an income-generating second floor, which has been extensively renovated and is currently leased to a well-known yoga studio with an exceptional covenant. For investors, the vacant bottom two floors provide significant potential for customization and tenant selection, allowing for the creation of additional income streams tailored to market demand, further enhancing the property’s value and revenue potential.

Property highlights

12,867-sf commercial building in Vancouver’s Chinatown neighbourhood

Existing income from Yoga Studio located on the second floor
Vacant main and basement floor for owner-users or an investor to lease at market rates

Well maintained concrete building with frontage onto Pender St

Location Map

Downloads

Team

Kevin Murray

Vice President
Avison Young
+1 604 260 1873

Carey Buntain

Principal
Avison Young
+1 604 647 1352

Chris Wieser

Principal
Avison Young
+1 604 647 5089

Megan Low

Associate
Avison Young
+1 604 646 8389

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