736 Forest Avenue, Portland, ME, 04103
1900
3,540 sqft
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 $3,900/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 MULTI-FAMILY MLS#: 1638196
Status:
Active
Type:
Commercial
Zoning:
B2b
Heating:
Direct Vent Heater
Cooling:
None
Basement:
Full, Unfinished
Parking:
1 - 4 Spaces, On Site, Paved
Acreage:
0.09
Est. Taxes:
$9,005
Construction
Aluminum Siding
Lot Description:
Business District, Near Shopping
MLS #:
1638190
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Elevate Maine Realty