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$925,000 Just Listed
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Property Description
Now offered to the public, in Laurel Hill, Florida, is a unique opportunity to purchase both the real estate and operations of a long-standing, fully established restaurant business. Positioned on a combined ±1.41 acres with approximately 184ft of frontage along Hwy 85, the two-story, 3,766 SF building benefits from strong visibility, convenient access, and a well-established presence within the community. While the restaurant operates on the first floor, the second floor provides an extra ±1,302 SF of space divided among 6 rooms, allowing for alternative business uses. The sale is structured as a true turnkey operation, with major systems in place including 400-amp service, dual 5-ton HVAC units, and a fully equipped commercial kitchen with hood system, grease trap, walk-in cooler, and freezer. Other functional highlights include a dedicated drive-thru for high-volume service and a screened-in pit room featuring a large-capacity smoker. The offering includes three parcels, one of which is improved with a single-family home, providing potential for additional rental income, along with another parcel equipped with septic. Currently licensed for 88 occupants and comfortably seating 68 guests, the site provides approximately 15 dedicated parking spaces with ample room for overflow. Between the operationally robust infrastructure, and a loyal local customer base, this property represents a rare, income-producing asset, whether for an owner-operator looking to take the reins of a local staple or an investor seeking a property with significant future upside!
Full Property Details
Full Property Details for 8196 FL-85
General
- Price: $925,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 1002099
- Updated: 5/1/2026
- Added to Site: 1 day(s) ago
Location
- Area: 25 - Crestview Area
- County: Okaloosa
- Driving Directions: Take Highway 85 N to Laurel Hill, the property fronts 85 at the intersection of 85 and 3rd St, across from the Tom Thumb.
Lot Features
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,295.2
Disclosures and Reports
- Legal Description: LAUREL HILL LOTS 14 TO 16 INC BLK 3 AND COM NW COR LOT 13 S 17 DEG E 167.28 FT TO SE COR LOT 13 N 165 FT W 50 FT TO POB
- APN: 05-5N-22-2510-0003-0140
- Property ID: 05-5N-22-2510-0003-0140
Listed by Taylor Allen Properties LLC and The Property Group 850 Inc
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Schools
Schools serving 8196 FL-85
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Laurel Hill School 8078 4th Street, Laurel Hill, FL 32567 | K-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8196 FL-85
Date
Details
Price
Change
Source
5/01/2026
Listed
$925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8196 FL-85
8196 Fl-85, Laurel Hill, FL 32567 (MLS# 1002099) is a Commercial property. 8196 Fl-85 is currently listed for $925,000 and was received on May 02, 2026. Want to learn more about 8196 Fl-85? Do you have questions about finding other Commercial real estate for sale in Laurel Hill? You can browse all Laurel Hill real estate or contact a Coldwell Banker agent to request more information.

