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About this home
1108 Commercial Way is a 1988-built home in Acreage, Spring Hill. Listed at $6,995,000 (about $315/sqft), 87 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Offered for sale is the Spring Hill, FL Family Car Wash & Multi-Tenant Retail Strip, a unique opportunity to acquire both the real estate and the established Family Car Wash business. This offering presents investors and owner-operators with the opportunity to acquire an established operating business alongside an income-producing retail center, creating multiple revenue streams and long-term investment potential in one of Hernando County's most active retail corridors. The property consists of a 22,217-square-foot retail center and the Family Car Wash business situated on approximately 2.60 acres. Originally constructed in 1988, the asset features a complementary mix of retail tenants that generate recurring rental income while the established Family Car Wash business provides an additional operating revenue component. The property also offers excellent visibility, prominent monument signage, convenient ingress and egress, and exposure to more than 40,000 VPD providing exceptional accessibility and long-term stability. Strategically positioned along Commercial Way (US-19), the property benefits from continued residential growth, strong consumer demographics, and a concentration of national retailers and service-oriented businesses. This offering provides the rare opportunity to acquire a well-established operating business together with an income-producing commercial real estate asset, offering both immediate cash flow and future upside through business operations, tenant income, and potential operational or leasing enhancements. To protect the confidentiality of the operating business, detailed financial information, business records, and operational data will be made available only to qualified purchasers following execution of a (NDA) and verification of financial capability. We encourage interested parties to contact the listing team for additional information regarding this exclusive acquisition opportunity.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$6,995,000
$315 per sq ft
Size
22,217 sq ft
Time on market
87 days
Year built
1988
Monthly payment
About $41,887/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $22,890 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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