736 Forest Ave

Portland, ME 04103
  • $799,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 3,540

    SqFt

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). 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.

Listing Highlights

Status Active
Days on Site 5
Property Type Commercial Sale
MLS ® 1665887
Year Built 1900
Total Square Footage 3,540
Lot/Acreage 0.09
County Cumberland

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Gas Natural,Direct Vent Heater
  • Fireplaces:
  • Floor: Wood,Luxury Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full,Unfinished
  • Other: Storage
  • Water: Public

Exterior Details

  • Lot Description: Business District,Near Shopping
  • Garage Capacity: N/A
  • Zoning: B2b
  • Roof: Shingle
  • Others:
  • Sewer: Public Sewer
  • Parking Features: 1 - 4 Spaces,On Site,Paved

Financial Details

  • Tax Amount: $9,005
  • Taxes w/Assessments: N/A
  • Tax/Property ID: PTLD-000130-H000018-000001
  • Tax Year: 2026

Payment Calculator

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736 Forest Ave Portland, ME 04103

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Originating MLS: Maine Listings

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