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Executive Summary

2–5 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), 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. 48 hour notice to show.

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,660 SF
Building Class
C
Year Built
1940
Price
$360,000
Price Per SF
$37.27
Percent Leased
100%
Building Height
2 Stories
Building FAR
2.69
Lot Size
0.08 AC
Zoning
05 - COMME
Frontage
49’ on Commercial St
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
243401-075-009-0001-034-000-0000
Land Assessment
$17,600
Improvements Assessment
$176,700
Total Assessment
$194,300
  • Listing ID: 40567778

  • Date on Market: 5/18/2026

  • Last Updated:

  • Address: 2-4 Commercial St, Livonia, NY 14487

Contact the Sale Advisor

2-4 Commercial St

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