2 Commercial Street, Livonia, NY 14487

Property Description

2 Commercial St., Livonia is a six-unit mixed-use building with three units rented and three available, providing both current income and near-term upside through lease-up. The property has seen practical, value-focused updates, including new hot water tanks, updated flooring, replacement windows, a relocated electric panel, and a newer power-vent water heater in the common area. Commercial spaces have also been improved with a 2018 furnace, rebuilt central air (2025), new roof and refreshed interiors in select units. Leasing demand is already established, with multiple inquiries received and a list of prospective tenants available for the remaining units. The outstanding vacancy reflects timing—not lack of interest—giving a new owner a head start on filling space and increasing income without needing to create demand.