736 Forest AVE Active Save Request In-Person Tour Request Virtual Tour
Portland,ME 04103
Key Details
Property Type Multi-Family
Listing Status Active
Square Footage 3,540 sqft
Price per Sqft $253
MLS Listing ID 1638196
Style New Englander
Full Baths 3
Half Baths 1
Year Built 1900
Annual Tax Amount $9,005
Tax Year 2026
Lot Size 3,920 Sqft
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 vacant, fully renovated residential units with separate entrances: a 2BD/1BA (945 SF, projected rent $2,750/month) and a 4BD/2BA (1,766 SF, projected rent $3,9000/month). Strong rental demand and modern finishes position these units for immediate occupancy. 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 COMMERCIAL MLS#: 1638190
Location
State ME
County Cumberland
Zoning B2b
Interior
Heating Direct Vent Heater
Cooling None
Flooring Wood
Exterior
Parking Features 1 - 4 Spaces,Paved,On Site
Utilities Available 1
View Y/N No
Roof Type Shingle
Building
Lot Description Corner Lot,Sidewalks,Near Shopping,Near Turnpike/Interstate,Near Town,Neighborhood,Near Public Transit
Story 3
Foundation Concrete Perimeter,Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Wood Frame