736 Forest Avenue, Portland, ME 04103
$899,000
Property Type:
Commercial
Square Footage:
3,540
Lot Size (sq. ft.):
3,920
Status:
Active
Current Price:
$899,000
List Date:
9/19/2025
Last Modified:
11/24/2025
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 $3,900/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 MULTI-FAMILY MLS#: 1638196
Supplements: ********
More Information MLS# 1638190
Location Information
Book: 34141
Leased Land: No
Page: 100
Map: 130
Lot: 18
Zoning Overlay: No
Tree Growth Y/N: No
Association Y/N: No
Street #: 736
Street Name: Forest
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04103
Zoning: B2b
Full Tax Amount $: 9005.37
Tax Year: 2026
Geo Lat: 43.673248
Geo Lon: -70.285728
Property Information
Primary Use: Multi Family
Surveyed: Unknown
Deed/Conveyance Type Offered: Warranty
Deed: All
Lot Size Acres +/-: 0.09
Year Renovated +/-: 2025
Total # Floors: 3
Year Built: 1900
SqFt Finished Total: 3540
Location
Business District: 1
Near Shopping: 1
Commercial Bldg Information
Retail SqFt: 829
Total Units: 3
Property Uses
Child Care: 1
Commercial: 1
Convenience Store: 1
Executive Suites: 1
Medical: 1
Office Building: 1
Restaurant: 1
Retail: 1
Basement
Full: 1
Unfinished: 1
Foundation Materials
Brick/Mortar: 1
Poured Concrete: 1
Exterior
Aluminum Siding: 1
Roof
Shingle: 1
Heat System
Direct Vent Heater: 1
Heat Fuel
Gas Natural: 1
Cooling
None: 1
Floors
Wood: 1
Parking
1 - 4 Spaces: 1
On Site: 1
Paved: 1
Electric
Circuit Breakers: 1
Utilities
Utilities On: Yes
Gas
Natural - On Site: 1
Sewer
Public Sewer: 1
Water
Public: 1
Contract Information
Status: Active
Original List Price: 899000
List Price: $899,000
Current Price: $899,000
Property Features
Location: Business District; Near Shopping
Property Uses: Child Care; Commercial; Convenience Store; Executive Suites; Medical; Office Building; Restaurant; Retail
Basement: Full; Unfinished
Foundation Materials: Brick/Mortar; Poured Concrete
Exterior: Aluminum Siding
Roof: Shingle
Heat System: Direct Vent Heater
Heat Fuel: Gas Natural
Cooling: None
Floors: Wood
Parking: 1 - 4 Spaces; On Site; Paved
Electric: Circuit Breakers
Gas: Natural - On Site
Sewer: Public Sewer
Water: Public
Documents
Listing Office:
Elevate Maine Realty
IDX
Last Updated: November - 24 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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