Laura Miller206.351.3573 laura@gibraltarusa.com

Connor Sims253.797.3896connors@gibraltarusa.com www.gibraltarusa.com

GIBRALTARINVESTMENT PROPERTY SOLUTIONS

NEW PRICE! $249,000

This information has been obtained from sources believed reliable. No guarantee, warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions withdrawal without notice, and to any special listing conditions, imposed by our principals. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property.

HIGHLIGHTS• One of a kind opportunity to purchase two highly regarded established Capitol Hill restaurants in a prime Capitol Hill corner location on the east edge

of the Pike/Pine corridor.• Ideal for hands-on operator to continue existing concept or easy to convert to different concept.• Display kitchens with high end equipment package, type 1 hood, two full bars, open kitchen, wood-burning pizza oven, modern chic decor, operable

storefront windows and dedicated west-facing sidewalk dining areas, shared restrooms.• 2,809 comprised of 1,644 SF Anchovies & Olives and 1,165 SF Bar Cotto, the wall separating the two spaces can be removed to combine the two

restaurants.• Adjacent spaces can be easily combined or kept as two concepts.• Attractive lease terms: Monthly Base Rent: $8,244.13 plus NNN $1,835.12 = $10,079.25. Expires October 31, 2022 Plus (2) 5-year options to extend the lease.

www.ethanstowellrestaurants.com/locations/anchovies-and-olivesLocated in the heart of the upper Pike/Pine Capitol Hill corridor. The surrounding neighborhood businesses include Naka, Skillet Diner, Spinasse, Artusi, Lit-tle Uncle, Trader Joe’s, Honor Coffee, and Central Co-op. Capitol hill is packed with bars, laid back coffee shops, hip eateries, and restaurants. Positioned at the base of the Pearl building which features 80 apartments, 7,691 SF of retail, large storefront windows, and extra wide sidewalks. The location also receives an outstanding walkscore of 99 “Walkers Paradise”!

CAPITOL HILL • ANCHOVIES & OLIVES • BAR COTTO

Demographics (2017) 1 mile 2 mile 3 milePopulation 70,741 152,155 210,859

Total Households 39,875 84,598 113,352

Average Household Income $93,496 $104,811 $108,549

Bullitt Center

Honor Coffee Andana

Trader Joes

Madison Coop

Offered for: $249,000

ANCHOVIES & OLIVES

Offered for: $249,000

1546 15th ave.anchovies & olives

1550 15th ave.(e) restaurant

3'-4

1 4"

23'-2

1 2"

(e) dining area

shared prep area

(e) kitchen

kitchen

electricinductionburner

(e) bar

pantry

sharedwalk-in

8'x11'+/-

18x3

6m

etro

she

lves

18x3

6m

etro

she

lves

18x36metro shelves

18x36metro shelves

k12

k4

k6

k7

(e) accessiblewomens' restroom

accessory space

k13

pos

win

e / s

erve

r

bar

(10

seat

s)

accessiblemens' restroom

accessory space

u.c.cooler

k2

12' t

ype-

2 ho

od a

bove

u.c. coolerk8

slicerk1

u.c. frzr. k3

tiled gaspizza oven

floormixer

k9h.sink

server printer

pos

6'-538" 3'-11

4" 4'-838"

8'-1

78"

3'-0

" cle

aralign

101

match ceiling heightto (e) adj. in shared hall

4'-4

58"

11'-012"

102

k14

18x3

6m

etro

she

lves

b7

f.d.

EXIT

EXIT

EXITEXITno work in hatched

areas, typ.

no work in hatchedareas, typ.

no work in hatchedareas, typ.

20"x20"prep sink

k15

(e) d.w.

(e) 3-comp.sink

(e) icemachine

(e) mopsink

(e) s.s.table

(e) cooler

(e) shelve

s

ladder tomechanicalplatform above

b3well

b6h.sink

b2d.sink

u.c.cooler

29 30

28

27

26

25

24

23

22

21

f.d.

bar34.5"h

36"h

42"hzinctop

37"h

b5

36"hoaktop

shel

ves

belo

w

kegdisp.

b4posb7

37"h oaktop

12'-3

"51 2"

6" 1'-4" 2'-8"

1'-9"

glasswasher

b1

f.s.

18x26 full-sheets

u.c.cooler

k2

shlvs below

3'-434" 3'-111

4" +/-

14'-4

34"

10'-1

"

2'-2"3'-378"1'-101

8"

1'-4" 2'-8"3'-714" 7'-03

8" +/- 2'-3"

8'-1

58"

+/-

6'-4

1 2"

18x36 built-ins.s. table

s.s. shelfabove

built-ins.s. table

(size to fit)

2'-6

"

1'-1"

k7

tiled gaspizza ovenespresso

machine

maintainexisting 1 hr

fire separation

b6h.sink

1'-8

"

3'-0"

36" h. S.S.top

16

26x28zinc 2-top

5'-0

38"

21

43

65

87

109

1211

1413

15

17

18

19

20

dining area(20 seats)

5'-634" 3'-43

4" 2'-512"

5'-7

"5'

-7"

5'-7

"

26x28zinc 2-top

26x28zinc 2-top

26x28zinc 2-top

26x28zinc 2-top

26x28zinc 2-top

26x28zinc 2-top

26x28zinc 2-top

26x28zinc 2-top

26x28zinc 2-top

W2

maintainexisting 1 hr

fire separation

maintainexisting 1 hr

fire separation

Offered for: $249,000