736 Forest Ave, Portland, ME 04103

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Listing courtesy of Elevate Maine Realty.

Selling Office: Waypoint Brokers Collective.

Sold Price
$770,000
List Price
$799,000
Closing Date
Sep 25, 2026
MLS#
1665887
Status
CLOSED
Type
Commercial
City
Portland
County
Cumberland
Living Area
3,540
Lot Size
3,920
Year Built
1900

Property Description

High-visibility mixed-use opportunity in Portland's B-2B Mixed Use Zone, prominently positioned on the corner of Forest Ave & Pleasant Ave just north of Woodford's Corner. Offering exceptional exposure with a traffic count of approximately 35,000+ vehicles per day, the property features an 829 SF first-floor commercial corner suite--ideal for retail, office, salon/barber, or other permitted uses (see land use documents). In addition to the commercial space are two fully renovated and occupied residential units with separate entrances, creating immediate income potential. The second floor offers a 2BD/1BA unit (945 SF) currently rented for $2,500/month plus utilities, while the third floor features a spacious 4BD/2BA unit (1,766 SF) rented for $3,400/month plus utilities. Modern updates and strong rental demand make these units well-positioned for long-term performance. Additional highlights include off-street parking for 3 vehicles, abundant street parking, and direct access to public transportation. Conveniently located just minutes from I-295 and downtown Portland, and within a half-mile of Back Cove, the Stevens Ave/Deering neighborhood, and local favorites such as Norimoto Bakery, Rambler Café, Pat's Meat Market, and Woodford Food & Beverage. This property offers a blend of income, flexibility, and unmatched visibility. Also listed as MULTI-FAMILY MLS# 1665886.

Additional Information

Living Area
3,540
Electric
Circuit Breakers
Water
Public
Basement
Full, Unfinished
Cooling
None
Year Built
1900
Acres
0.09
Roof
Shingle
Foundation
Stone, Poured Concrete, Brick/Mortar
Stories
3
Courtesy Of Listing Office
Elevate Maine Realty
Courtesy Of Selling Office
Waypoint Brokers Collective

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