736 Forest Avenue

Portland, ME 04103
Baths
4
Square Ft.
3,540
$899,000
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
Market LogoCourtesy of Elevate Maine Realty 207-203-9022
Listing Snapshot
Days Online
9
Last Updated
Full Baths
3
Partial Baths
1
Square Ft.
3,540
Lot Size
0.09 Acres
Year Built
1900
MLS Number
1638196
Additional Details
Basement
Basement: "Interior", "Full", "Unfinished"
Building
Architectural Style: "New Englander", Building Area Total: 3,540, Construction Materials: "Aluminum Siding", "Wood Frame", Number Of Units Total: 3, Year Built: 1900, 3 stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $0
Floors
Flooring: "Wood"
Foundation
Foundation Details: "Concrete Perimeter", "Brick/Mortar"
Heating
Heating: "Direct Vent Heater", Heating Included
Income
Gross Income: $0
Lot
Features: "Corner Lot", "Sidewalks", "Near Shopping", "Near Turnpike/Interstate", "Near Town", "Neighborhood", "Near Public Transit", 0.09 acres, Area: 0.09, 3,920 square feet
Owner Pays
Owner Name: Dos Mingos LLC
Parking
Features: "1 - 4 Spaces", "Paved", "On Site"
Property
Parcel Number: PTLD-000130-H000018-000001, Zoning: B2b
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $9,005, Tax Lot: 18
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
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30 Days Snapshot Of 04103
$620k
-11%
(avg) sold price
26
0%
homes sold
21
-16%
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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.