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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Caleb DeVries

Caleb DeVries

+1(603) 937-7784
Listed by Melanie Crane Michael Navarro Elevate Maine Realty
$ 799,000
Est. payment /mo
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736 Forest AVE Portland, ME 04103

3,540 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,540 sqft

Price per Sqft $225

MLS Listing ID 1638190

HOA Y/N No

Year Built 1900

Tax Year 2026

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Multi Family

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 plus utilities) and a 4BD/2BA (1,766 SF, $3,4000/month plus utilities). 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 MULTI-FAMILY MLS#: 1638196

Location

State ME

County Cumberland

Zoning B2b

Direction Corner of Forest Ave and Pleasant Ave, Portland. Easy to park on Pleasant Ave

Rooms

Basement Full, Unfinished

Interior

Interior Features Storage

Heating Gas Natural, Direct Vent Heater

Cooling None

Flooring Luxury Vinyl, Wood

Exterior

Parking Features 1 - 4 Spaces, On Site, Paved

Roof Type Shingle

Building

Lot Description Business District, Near Shopping

Story 3

Foundation Brick/Mortar, Poured Concrete

Water Public

Others

Tax ID PTLD-000130-H000018-000001

Maine MLS (MREIS) IDX
Caleb DeVries

Caleb DeVries

Broker Associate

+1(603) 937-7784

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736 Forest AVE