Active
$6,995,000
Est. $41,887/mo

1108 Commercial Way, Spring Hill, FL, 34606

$315/sqft·Acreage

0 ba22,217 sqftRetail
Listed by KELLER WILLIAMS REALTY SMART 1· Last updated · MLS# L4963701

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Est. monthly payment
$41,887/mo
Down payment (20%)
$1,399,000
Property taxes
$1,907/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1988
2.55 acres
Lot size
22,217 sqft
Living area

About this home

1108 Commercial Way is a 1988-built home in Acreage, Spring Hill. Listed at $6,995,000 (about $315/sqft), 1 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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.

The essentials

Built
1988
Price / sqft
$315
On market
44 days
Annual tax
$22,890
Flood zone
X · Low risk
Lot
111,165 sqft
Type
Retail

Location

1108 Commercial Way
Spring Hill, FL, 34606·34606 - Spring Hill/Brooksville/Weeki Wachee
Type
Retail
Year Built
1988
Lot
111,165 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Common, Ground Level
Days on Market
44
Flood Zone X

Annual Tax (2025)

$22,890

Parcel #

R32-423-17-0000-0010-0020

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

Acreage

County

Hernando

MLS Area

34606 - Spring Hill/Brooksville/Weeki Wachee

Lot Size

111,165 sqft

Corner LotLandscapedOversized LotShopping Center
Date
Event
Price
7/29/2026
Listed for sale
Source: Stellar MLS #L4963701
$6,995,000+265.3%
$315/sqft
6/27/2014
Sold
Source: Hernando County Public Record
$1,915,000
$86/sqft
Est. monthly payment$41,887/mo
Principal & interest$36,482
Property taxes$1,907
Insurance$3,498
Down payment20% · $1,399,000
Interest rate6.80%
Loan term

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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.

Offer Insights

Choose an offer strength

List price: $6,995,000
$6.92M – $7.00M
98.9% – 100% of listTops out right at the list price
80% of listList price
85 of the last 168 home closings in 34606 landed at this number or higher (51%). The median one sat 29 days before it went under contract, and this one is on day 44.

Sample: 168 closed home sales in 34606 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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