736 Forest Avenue, Portland, ME 04103

$860,000

Welcome to 736 Forest Ave. Incredible street visibility for your business!

Unit 1 - Incredible corner visibility with approx 40k cars passing by daily!

Unit 1 - 829 sq ft ready for your business!

Unit 1 - additional room for storage or private office

Property Type: Multi-Family Baths: 4 Square Footage: 3,540 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $860,000 List Date: 9/19/2025 Last Modified: 4/10/2026

Overview

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, fully renovated residential units with separate entrances: a 2BD/1BA (945 SF, $2,500/month) and a 4BD/2BA (1,766 SF, $3,4000/month). High rental demand and modern finishes position these units for strong long-term performance. 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-oc ... (Read more)

Listing Details MLS# 1638196

Location Information

Street #: 736
Street Name: Forest
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04103
Leased Land: No
Book: 34141
Page: 100
Map: 130
Lot: 18
Zoning: B2b
Zoning Overlay: No
Association: No
Full Tax Amount $: 9005.37
Tax Year: 2026
Tree Growth Y/N: No

Contract Information

Original List Price: 899000

Property Information

Surveyed: Unknown
Seasonal: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Number of Units: 3
Total Baths: 4
Total Full Baths: 3
Total Half Baths: Yes
Year Built: 1900
SqFt Finished Above Grade: 3540
SqFt Finished Total: 3540
SqFt Source: Seller
Garage: No
Lot Size Acres +/-: 0.09
Source of Acreage: Public Records
SqFt Finished Below Grade: 0
Garage Spaces: 0

Water Info

Water Frontage: No
Water View: No

Building Info

# Stories: 3
# Heating Units: 7
# Water Heaters: 2

Units

# of 1 BD Units: Yes
# of 2 BD Units: Yes
# of 4+ BD Units: Yes

More Information

Unit 1

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 2500
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 3400
# Full Baths: 2
# of Rooms: 8
# of Bedrooms: 4
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: No
Level: First
Security Deposit: No
# Half Baths: Yes
# of Rooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: Yes
Water: Yes
Monthly Rent: 0

Utilities

Utilities On: Yes

Levels

Multi-Level: Yes

Site

Corner Lot: Yes
Sidewalks: Yes

Location

Business District: Yes
Near Shopping: Yes
Near Town: Yes
Near Turnpike/Interstate: Yes
Neighborhood: Yes

Roads

Public: Yes

Transportation

Major Road Access: Yes
Public Transport Access: Yes

Style

New Englander: Yes

Construction

Wood Frame: Yes

Basement

Full: Yes
Unfinished: Yes

Foundation Materials

Brick/Mortar: Yes
Poured Concrete: Yes

Exterior

Aluminum Siding: Yes

Roof

Shingle: Yes

Heat System

Direct Vent Heater: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 0
Operating Expenses: 0

Cooling

None: Yes

Floors

Luxury Vinyl: Yes
Wood: Yes

Parking

1 - 4 Spaces: Yes
On Site: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Basement Entry

Interior: Yes

Water Heater

Electric: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Corner Lot; Sidewalks Location: Business District; Near Shopping; Near Town; Near Turnpike/Interstate; Neighborhood Roads: Public Transportation: Major Road Access; Public Transport Access Style: New Englander Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Foundation Materials: Brick/Mortar; Poured Concrete Exterior: Aluminum Siding Roof: Shingle Heat System: Direct Vent Heater Heat Fuel: Gas Natural Water Heater: Electric Cooling: None Floors: Luxury Vinyl; Wood Driveway: Paved Parking: 1 - 4 Spaces; On Site; Paved Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Property Disclosure Public Access ›

FEMA FIRMette ›

Lead Paint Addendum Public Access ›

Deed Public Access ›

Tax Map ›

Portland B-2b Land Use ›

IDX

Listing Office: Elevate Maine Realty

Last Updated: April - 10 - 2026

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 ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.