736 Forest AVE, Portland, ME 04103
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736 Forest AVE, Portland, ME 04103
736 Forest AVE, Portland, ME 04103
736 Forest AVE, Portland, ME 04103
736 Forest AVE, Portland, ME 04103
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Listed by Melanie Crane Michael Navarro Elevate Maine Realty
$ 799,000
Est. payment /mo
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736 Forest AVE Portland, ME 04103

4 Baths

3,540 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,540 sqft

Price per Sqft $225

MLS Listing ID 1638196

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1900

Tax Year 2026

Lot Size 3,920 Sqft

Acres 0.09

Source Maine Listings

Land Area 3540

Property Description

High-visibility property in the Mixed Use Zone B-2B, located on the corner of Forest Ave & Pleasant Ave, just north of Woodford's Corner. The property offers a first-floor 829 SF commercial corner suite with approx 35,000+ cars/day traffic count - ideal for retail, office, salon/barber, and other permitted uses (see land use docs).

The upper levels contain two, fully renovated and occupied residential units with separate entrances: a 2BD/1BA (945 SF, $2,500/month) and a 4BD/2BA (1,766 SF, $3,4000/month). High rental demand and modern finishes position these units for strong long-term performance. Additional features include off-street parking for 3 vehicles, abundant street parking, and direct access to public transportation.

Strategic location minutes from I-295 and downtown Portland, and within half a mile of Back Cove, Stevens Ave Deering neighborhood (Norimoto Bakery, Rambler Café, Pat's Meat Market), and Woodfords Corner amenities. A flexible investment opportunity suitable for owner-occupiers or investors seeking a mixed-use property with strong signage visibility and cash flow potential.

Also listed as COMMERCIAL MLS#: 1638190

Location

State ME

County Cumberland

Zoning B2b

Direction Corner of Forest Ave and Pleasant Ave, Portland

Rooms

Basement Interior Entry, Full, Unfinished

Interior

Heating Gas Natural, Direct Vent Heater

Cooling None

Flooring Wood, Luxury Vinyl

Fireplace No

Exterior

Parking Features Paved, 1 - 4 Spaces, On Site

Utilities Available Utilities On

Roof Type Shingle

Garage No

Building

Lot Description Business District, Near Public Transit

Story 3

Entry Level Multi-Level

Foundation Poured Concrete, Brick/Mortar

Water Public

Architectural Style New Englander

Others

Tax ID PTLD-000130-H000018-000001


Maine MLS (MREIS) IDX
Tom Landry

Tom Landry

Broker

+1(207) 775-0248

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736 Forest AVE