736 Forest AVE, Portland, ME 04103
736 Forest AVE, Portland, ME 04103
736 Forest AVE, Portland, ME 04103
28
Listed by Melanie Crane Michael Navarro Elevate Maine Realty
Bought with Alessandra Malone Waypoint Brokers Collective
$770,000
$799,000
3.6%
Est.Price: ?

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3,540 SqFt

736 Forest AVE Portland, ME 04103

Est. payment /mo
SOLD DATE : 09/25/2026

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Key Details

Sold Price $770,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,540 sqft

Price per Sqft $217

MLS Listing ID 1665887

Sold Date 09/25/26

HOA Y/N No

Year Built 1900

Tax Year 2026

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Mixed Use

Source Maine Listings

Land Area 3540

Property Description

High-visibility mixed-use opportunity in Portland's B-2B Mixed Use Zone, prominently positioned on the corner of Forest Ave & Pleasant Ave just north of Woodford's Corner. Offering exceptional exposure with a traffic count of approximately 35,000+ vehicles per day, the property features an 829 SF first-floor commercial corner suite--ideal for retail, office, salon/barber, or other permitted uses (see land use documents). In addition to the commercial space are two fully renovated and occupied residential units with separate entrances, creating immediate income potential. The second floor offers a 2BD/1BA unit (945 SF) currently rented for $2,500/month plus utilities, while the third floor features a spacious 4BD/2BA unit (1,766 SF) rented for $3,400/month plus utilities. Modern updates and strong rental demand make these units well-positioned for long-term performance. Additional highlights include off-street parking for 3 vehicles, abundant street parking, and direct access to public transportation. Conveniently located just minutes from I-295 and downtown Portland, and within a half-mile of Back Cove, the Stevens Ave/Deering neighborhood, and local favorites such as Norimoto Bakery, Rambler Café, Pat's Meat Market, and Woodford Food & Beverage. This property offers a blend of income, flexibility, and unmatched visibility. Also listed as MULTI-FAMILY MLS# 1665886.

Location

State ME

County Cumberland

Zoning B2b

Direction Corner of Forest Ave & Pleasant Ave, just north of Woodford's Corner

Rooms

Basement Full, Unfinished

Interior

Interior Features Storage

Heating Gas Natural, Direct Vent Heater

Cooling None

Flooring Wood, Luxury Vinyl

Exterior

Parking Features 1 - 4 Spaces, On Site, Paved

Roof Type Shingle

Building

Lot Description Business District, Near Shopping

Story 3

Foundation Stone, Poured Concrete, Brick/Mortar

Water Public

Others

Tax ID PTLD-000130-H000018-000001

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Maine MLS (MREIS) IDX

Nearby Locations

Elevate Maine Realty

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+1(207) 331-4565

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

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