736 Forest AVE, Portland, ME 04103
736 Forest AVE, Portland, ME 04103
736 Forest AVE, Portland, ME 04103
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Listed by Elevate Maine Realty
$860,000
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3,540 SqFt
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Active

736 Forest AVE Portland, ME 04103

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Key Details

Property Type Commercial Sale

Sub Type Multi Family

Listing Status Active

Square Footage 3,540 sqft

MLS Listing ID 1638190

HOA Y/N No

Year Built 1900

Annual Tax Amount $9,005

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 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 MULTI-FAMILY MLS#: 1638196

Location

State ME

County Cumberland

Zoning B2b

Rooms

Basement Full, Unfinished

Interior

Interior Features Storage

Heating Direct Vent Heater

Cooling None

Flooring Wood

Exterior

Parking Features 1 - 4 Spaces, On Site, Paved

Utilities Available 1

View Y/N No

Roof Type Shingle

Building

Lot Description Business District, Near Shopping

Story 3

Foundation Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding

Others

Energy Description Gas Natural


Maine MLS (MREIS) IDX

Nearby Locations

Elevate Maine Realty

Please Contact Me For More Information.

+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME, 04105-1301, USA

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736 Forest AVE