736 Forest Ave

Portland, ME 04103

$799,000
Price
—
Beds
—
Baths
3,540 Sq. Ft.
$226 / Sq. Ft.
3,540
Sq. Ft.
$226
per Sq. Ft.
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736 Forest Ave
Back Cove
Southbound
Unit 1 & 3
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Unit 2
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Off Street Parking

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...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.
  1. Listed by Melanie Crane Michael Navarro • Elevate Maine Realty

Property Details for 736 Forest Avenue

Zoning
B2b
LISTING UPDATED: 06/10/2026 08:41 AM

Property Details for 736 Forest Avenue

StatusActive
MLS #1665887
Days on Market40
Taxes$9,005 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1900
Lot Size0.09 AC / 3,920 SF
CountyCumberland County
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Location

Listing Courtesy of Elevate Maine Realty
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Building Information for 736 Forest Avenue

Stories3Residences-Year Built1900Lot Size0.09 AC / 3,920 SF

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$4,732 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,982

Property Taxes

$750

HOA Dues

$0

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Property Information for 736 Forest Avenue

Summary
Location and General Information
  • Directions: Corner of Forest Ave & Pleasant Ave, just north of Woodford's Corner
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04103
  • County: Cumberland
  • Geo Latitude: 43.673224
  • Geo Longitude: -70.285809
  • Tax Lot: 18
  • Location:Business District: Yes
  • Location:Near Shopping: Yes
  • Tree Growth YN2: false
Parking
  • Parking Features: 1 - 4 Spaces, On Site, Paved
  • Parking: 1 - 4 Spaces, On Site2, Paved3
Taxes and HOA Information
  • Tax Book Number: 34141
  • Tax Map Number: 130
  • Tax Year: 2026
  • Parcel Number: PTLD-000130-H000018-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $9,005.37
Property
Heating and Cooling
  • Heat Fuel: Gas Natural
  • Heat System: Direct Vent Heater
Lot Information
  • Lot Size Acres: 0.09
  • Building Area Total: 3540.0
  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3920.4
  • Street Number: 736
  • Property Information:Surveyed: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Bank Owned REO: No
  • Property Information:Year Renovated +/-: 2,025.00
  • Property Information:Total # Floors: 3.00
Property and Assessments
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Roof: Shingle
Interior Features
  • Basement: Full, Unfinished
  • Flooring: Luxury Vinyl, Wood
  • Interior Features: Storage
  • Cooling: None
  • Heating: Gas Natural, Direct Vent Heater
  • Foundation Details: Brick/Mortar, Poured Concrete, Stone
  • # Floors: 3
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: No
  • Heating YN: Yes

Property History for 736 Forest Avenue

DateEvent & SourcePriceAppreciation
Jul 11, 2026

Pending

Maine Listings #1665886

—
Jun 6, 2026

Listed (Active)

Maine Listings #1665887

$799,000—
Jun 6, 2026

Listed (Active)

Maine Listings #1665886

$799,000—
DateEvent & SourcePrice
07/11/2026

Pending

Maine Listings #1665886

—
06/06/2026

Listed (Active)

Maine Listings #1665887

$799,000
06/06/2026

Listed (Active)

Maine Listings #1665886

$799,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 736 Forest Avenue

Taxable ValueLand$212,500Additions$539,200Total$751,700
Tax Record2025$9,005 ($750 / month)
Home Facts
Total Finished SqFt5,760 SqFtAbove Grade Finished SqFt5,760 SqFtLot Size4,169 SqFtStyleStoresYear Built1900Year Renovated1900CountyCUMBERLANDAPNPTLD M:130 B:H018001

Schools near 736 Forest Avenue

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Longfellow School-Portland
Public - PK to 5
Lincoln Middle School
Public - 6 to 8
Deering High School
Public - 9 to 12
Portland High School
Public - 9 to 12
Rating
School
Distance
Longfellow School-Portland
PublicPK to 5

Lincoln Middle School
Public6 to 8

Deering High School
Public9 to 12

Portland High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 736 Forest Avenue, Portland, ME 04103

736 Forest Avenue is a mixed use property for sale in Portland, ME 04103. This property was listed for sale on June 6, 2026 by Elevate Maine Realty, it's currently listed at $799,000. It has been on the market for a total of 40 days and was last sold on April 26, 2002. This listing's school district is Portland Public Schools. Nearby schools include Longfellow School-Portland, Lincoln Middle School and Deering High School. 736 Forest Avenue is a 0-bed, 0-bath, 3,540 sqft mixed use property built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elevate Maine Realty

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