736 Forest Avenue | Image 1
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$899,000

For Sale

6 months ago

MLS® 1638196

0 Bed

4 Bath

3540 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 3540 sqft
Garage No
HOA Fees 
Taxes $9,005
Days Active 173
Approx. Age 1900
Avg. Price Per Sqft $253
MLS® Number 1638196

Property Address: 736 Forest Avenue, Portland, ME, 04103

Average square foot calculated using Size range provided by listing agent.

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
MLS® Number1638196
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 19, 2025List Date
$899,000List Price
  • Commute

Commute

Starting Address
Destination Address
736 Forest Avenue, Portland, ME

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