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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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8196 Fl-85 , Laurel Hill, FL 32567
$925,000
Est. Payment: $5,110.49/mo
0.42 Acres
Status: Active | Days on site: 154
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Harrison Lilly Team
Owner/Operator

House 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 ±2.08 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!

Highlights

Listed by Christopher L Wooten , 850-502-9900 Taylor Allen Properties LLC , 850-259-2894. Emerald Coast Multiple Listing Services

Property Type

Commercial Sale

Lot/Acreage
0.42

County

Okaloosa

Area

25 - Crestview Area

Listing ID

1002099

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Interior Features

Exterior Features

Principal Interest
$5,110
Taxes
$590

Home Price

$925,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$185,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,110.49

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,110.49 $589.69 $0.00 $5,700.18
Yearly $61,325.90 $7,076.25 $0.00 $68,402.15
Total $1,839,777.04 $212,287.50 $0.00 $2,052,064.54

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Laurel Hill, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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