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$810,000 -$15,000 (-1.82%) Price Reduced
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Property Description
Fantastic opportunity for a family compound (With possibility of expansion). Welcome to the Covered Bridge, a turn-key versatile property encompassing a charming 3-bedroom, 2-bath single-family home with an attached office space, a fully equipped yet vacant restaurant primed for revival, and a 10-unit motel--all set amidst 70 sprawling acres, including 0.6 acres of waterfront along the Piscataquis River. Boasting direct access to the ITS trail, this property invites outdoor enthusiasts to indulge in ATV rides, snowmobile adventures, and other outdoor activities, while two spacious garages offer ample storage. Conveniently located along the Moosehead Trail in Guilford, ME, this property presents a rare opportunity for residential comfort, commercial potential, and natural serenity, making it an ideal investment for those seeking to blend rustic charm with entrepreneurial ambition. Listing can also be viewed at MLS# 1592331. No owner financing, please have pre-approval before viewing the property.
Full Property Details
Full Property Details for 382 Water St
General
- Price: $810,000
- Taxes: $6,545 (2020)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1592331
- Updated: 6/1/2026
- Added to Site: 363 day(s) ago
Business
- Business Type: Hotel/Motel, Restaurant, Other
Interior
- Interior Features: Storage
- Flooring: Carpet, Laminate, Tile
Additional Information
- Equipment: Internet Access Available
Parking
- Garage: Yes
- Parking Features: 11 - 20 Spaces
Location
- County: Piscataquis
Heating & Cooling
- Heating Type: Electric, Oil, Pellets, Propane, Wood, Baseboard, Direct Vent Heater, Heat Pump, Hot Water, Stove
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
- Well: Yes
Structural Information
- Construction: Wood Frame, Metal Clad, Wood Siding
- Roof: Metal, Pitched, Shingle
- Building Size: 8802
- Square Feet: 8,802
- Living Area: 8,802 Sq. Ft.
- Other Struct. Feat.: Other Equipment, Security System
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 70
- Lot Size (Sq. Ft.): 3,049,200
- Zoning: Rural
- Lot Description: Waterfront, Rural
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $6,545
- Tax Year: 2020
Disclosures and Reports
- Lot Number: 28, 28.2, 29
Listed by Mallett Real Estate, LLC (207) 564-8073
Get Pre-Approved Today
Schools
Schools serving 382 Water St
School District:School Administrative District 04
| Name | Grades | Distance |
|---|---|---|
Piscataquis Community Elementary 25 Campus Drive, Guilford, ME 04443 | PK-6 | 3.2 mi |
Piscataquis Community Secondary School 9 Campus Drive, Guilford, ME 04443 | 7-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 382 Water St
Date
Details
Price
Change
Source
6/01/2026
Price Reduced
$810,000
-1.82%
MLS
6/15/2025
Price Reduced
$825,000
-2.94%
MLS
3/07/2025
Price Reduced
$850,000
-2.86%
MLS
6/06/2024
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 382 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2020
$6,545
—
$351,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 382 Water St
382 Water Street, Guilford, ME 04443 (MLS# 1592331) is a Commercial property. 382 Water Street is currently listed for $810,000 and was received on June 04, 2025. Want to learn more about 382 Water Street? Do you have questions about finding other Commercial real estate for sale in Guilford? You can browse all Guilford real estate or contact a Coldwell Banker agent to request more information.

