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Listed by Melanie Crane Michael Navarro Elevate Maine Realty
$860,000
Est. payment /mo
3,540 SqFt
Exclusive Listing
Active
736 Forest AVE Portland, ME 04103
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,540 sqft
Price per Sqft $242
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 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
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
Interior
Heating Direct Vent Heater
Cooling None
Flooring Wood, Luxury Vinyl
Exterior
Roof Type Shingle
Building
Lot Description Business District
Story 3
Water Public
Others
Tax ID PTLD-000130-H000018-000001
Nearby Locations
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