Active
$3,350,000
Est. $20,947/mo

3007 Commercial Way, Spring Hill, FL, 34606

$540/sqft·Commercial Way Commons

0 ba6,208 sqftRestaurant
Listed by COMPASS FLORIDA LLC· Last updated · MLS# O6415163

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

Est. monthly payment
$20,947/mo
Down payment (20%)
$670,000
Property taxes
$1,800/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
Built 2018
0.74 acres
Lot size
6,208 sqft
Living area

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
94 days
Annual tax
$21,601
Flood zone
X · Low risk
Lot
32,085 sqft
Type
Restaurant

Location

3007 Commercial Way
Spring Hill, FL, 34606·34606 - Spring Hill/Brooksville/Weeki Wachee
Type
Restaurant
Year Built
2018
Lot
32,085 sqft
Cooling
Central Air
Heating
-
Parking
-
Days on Market
94
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
Est. monthly payment$20,947/mo
Principal & interest$17,472
Property taxes$1,800
Insurance$1,675
Down payment20% · $670,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

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: $3,350,000
$3.31M – $3.35M
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 94.

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

Talk through an offer with our team

Keep exploring Tampa Bay

Pick up where you left off, or see what else is out there.