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$ 925,000
Est. payment /mo
Active
8196 FL-85 Laurel Hill, FL 32567
18,295 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 18,295 sqft
Price per Sqft $50
MLS Listing ID 1002099
Lot Size 0.420 Acres
Acres 0.42
Source Emerald Coast Association of REALTORS®
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!
Location
State FL
County Okaloosa
Area 25 - Crestview Area
Direction Take Highway 85 N to Laurel Hill, the property fronts 85 at the intersection of 85 and 3rd St, across from the Tom Thumb.
Exterior
Garage No
Building
Faces Take Highway 85 N to Laurel Hill, the property fronts 85 at the intersection of 85 and 3rd St, across from the Tom Thumb.
New Construction No
Others
Pets Allowed No
Tax ID 05-5N-22-2510-0003-0140
Listed by Christopher L Wooten Taylor Allen Properties LLC
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