Portland, ME 04103,736 Forest AVE
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Portland, ME 04103,736 Forest AVE
Portland, ME 04103,736 Forest AVE
Portland, ME 04103,736 Forest AVE
Portland, ME 04103,736 Forest AVE
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Listed by Elevate Maine Realty
$ 899,000
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Active

736 Forest AVE Portland, ME 04103

4 Baths

3,540 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 3,540 sqft

MLS Listing ID 1638196

Style New Englander

Full Baths 3

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 3,540

Year Built 1900

Annual Tax Amount $9,005

Tax Year 2026

Lot Size 3,920 Sqft

Acres 0.09

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 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

Rooms

Basement Interior, Full, Unfinished

Interior

Heating Direct Vent Heater

Cooling None

Flooring Wood

Fireplace No

Exterior

Parking Features 1 - 4 Spaces, Paved, On Site

Utilities Available 1

View Y/N No

Roof Type Shingle

Garage No

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

Architectural Style New Englander

Structure Type Aluminum Siding,Wood Frame

Others

Energy Description Gas Natural


Maine MLS (MREIS) IDX
The Scoville Foley Team

The Scoville Foley Team

+1(207) 885-0500

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736 Forest AVE