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Active
$3,350,000
3007 Commercial Way, Spring Hill, FL, 34606
$540/sqft·Commercial Way Commons
Est. $17,472/moSee payment-
beds
0
baths
6,208
sqft
-
garage
Listed by COMPASS FLORIDA LLC· Last updated · MLS# O6415163
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About this home
3007 Commercial Way is a 2018-built home in Commercial Way Commons, Spring Hill. Listed at $3,350,000 (about $540/sqft), 59 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
From the listing
Exceptional turn-key 2nd generation restaurant on US-19/Commercial Way in the heart of Spring Hill's primary commercial corridor. This 2018-built, 6,208 SF free-standing single-tenant restaurant property sits on 0.74 acres with 144 feet of frontage and 85 paved parking spaces (10/1,000 SF). Block & stucco construction, central air, Zone X (no flood insurance required), and C19S restaurant zoning. The property delivers a complete commercial kitchen, dedicated bakery line, retail deli display, full bar, and three walk-in refrigeration units. Traffic count exceeds 45,000 CPD. Three-mile demographics: 39,166 population growth booming through 2030, 11,289 daytime employees, $128.7M annual food and beverage spending. Established operating business included with $1M+ annual revenue, 8 years of operating history, and Top 3 BusinessRate 2025 award. Available as a turnkey purchase or real estate only for a new restaurant concept.
The essentials
Built
2018
Price / sqft
$540
On market
77 days
Annual tax
$21,601
Flood zone
X · Low risk
Lot
32,085 sqft
Type
Restaurant
Location
Type
Restaurant
Year Built
2018
Lot
32,085 sqft
Cooling
Central Air
Heating
-
Parking
-
Days on Market
77
Flood Zone X
Annual Tax (2025)
$21,601
Parcel #
R21-223-17-1579-0000-00B0
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Commercial Way Commons
County
Hernando
MLS Area
34606 - Spring Hill/Brooksville/Weeki Wachee
Lot Size
32,085 sqft
Date
Event
Price
6/9/2026
Listed for sale
Source: Stellar MLS #O6415163
$3,350,000+509.1%
$540/sqft
10/16/2014
Sold
Source: Hernando County Public Record
$550,000
$89/sqft
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Loan Details
$100K$2M
Your Results
Total Monthly Payment
$19,572
Principal, interest, tax, insurance
- P&I$17,472
- Tax$1,800
- Insurance$300
Loan Amount
$2,680,000
Down Payment %
20.0%
First Year Summary
Principal
$28,290
Interest
$181,369
Balance
$2,651,710
Total Interest
$3,609,774
Total Cost
$6,289,774
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