NEW! Buy and sell safely with virtual options - Learn More
About the Listing 3572 - 023652
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). Above 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. Whether you're an investor seeking strong cash flow or an owner-occupant looking to combine business and real estate ownership, this versatile property offers a rare blend of income, flexibility, and unmatched visibility. Also listed as COMMERCIAL MLS# 1665887.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
1665886
Year Built
1900
Total Square Footage
3,540
Lot/Acreage
0.09
County
Cumberland
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Gas Natural,Direct Vent Heater
- Fireplaces: 0
- Floor: Wood,Luxury Vinyl
- Above Ground Sq Ft: 3540
- Below Ground Sq Ft: 0
- Basement: Interior Entry,Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Business District,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Corner Lot,Sidewalks,Near Public Transit
- Garage Capacity: N/A
- Zoning: B2b
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,1 - 4 Spaces,On Site
Financial Details
- Tax Amount: $9,005
- Taxes w/Assessments: N/A
- Tax/Property ID: PTLD-000130-H000018-000001
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
736 Forest Ave Portland, ME 04103
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
