168 Payson Road, Union, ME 04862

$340,000
Property Type: Commercial Square Footage: 3,285 Lot Size (sq. ft.): 15,682 Status: Active
Current Price: $340,000 List Date: 7/01/2025 Last Modified: 9/25/2025

Description

Historic Grist Mill with Water Rights - East Union Village Step into a piece of Maine history with this iconic grist mill, set on approximately 2 acre tranquil Mill Pond in the heart of East Union Village. With over 3,200 square feet of space, the building offers endless potential—whether for continued production, retail use, studio space, or storage. Operating as a grist mill since the early 1800s and grinding flour for the past 40 years, this property is steeped in tradition and remains a vital part of the community's identity. The property includes the mill building itself, the surrounding lot, and the dam at the mill, as well as additional land between Lermond Pond and Mill Pond, including the dam at that location. Crucially, the property conveys with historic water rights between Alford Lake and Lermond Pond, underscoring the owner's role in maintaining the water levels across this watershed area—a legacy of stewardship that continues today. This rare offering presents a unique opportunity to own a remarkable and picturesque property in need of restoration with both commercial potential and environmental significance. For additional information, please watch the video and call today!

Supplements: ********

More Information MLS# 1628850

Location Information

Book: 734 Leased Land: No Page: 13 Map: 018 Lot: 003 Tree Growth Y/N: No Association Y/N: No Street #: 168 Street Name: Payson Street Type: Road County: Knox Town: Union State/Province: ME Zip Code: 04862 Zip +4: 3200 Zoning: Rural Full Tax Amount $: 1533 Tax Year: 2024 Geo Lat: 44.214071 Geo Lon: -69.224441

Property Information

Primary Use: Industrial Surveyed: No Deed/Conveyance Type Offered: Warranty Deed: All Lot Size Acres +/-: 0.36 Year Built: 1850 SqFt Finished Total: 3285

Location

Rural: 1 Water View: 1 Waterfront: 1

Water Info

Water Frontage: Yes Water View: Yes Water Body Name: Mill Pond, The Mill Stream

Source of Water Frontage

Deed: 1

Property Uses

Distribution: 1 Other: 1 Special Purpose: 1 Warehouse: 1

Water Body Type

Pond: 1 Stream: 1

Other Structures

Barn(s): 1

Basement

None: 1

Foundation Materials

Granite: 1 Pillar/Post/Pier: 1 Stone: 1

Exterior

Shingle Siding: 1 Wood Siding: 1

Roof

Composition: 1

Heat System

None: 1

Heat Fuel

No Heat Fuel: 1

Cooling

None: 1

Floors

Wood: 1

Parking

5 - 10 Spaces: 1 Gravel: 1 Off Street: 1 On Site: 1

Electric

Circuit Breakers: 1

Utilities

Utilities On: Yes

Gas

No Gas: 1

Sewer

Private Sewer: 1 Septic Needed: 1

Water

Private: 1 Well: 1

Contract Information

Status: Active Original List Price: 360000 List Price: $340,000 Current Price: $340,000

Property Features

Location: Rural; Water View; Waterfront Source of Water Frontage: Deed Water Body Type: Pond; Stream Other Structures: Barn(s) Property Uses: Distribution; Other; Special Purpose; Warehouse Basement: None Foundation Materials: Granite; Pillar/Post/Pier; Stone Exterior: Shingle Siding; Wood Siding Roof: Composition Heat System: None Heat Fuel: No Heat Fuel Cooling: None Floors: Wood Parking: 5 - 10 Spaces; Gravel; Off Street; On Site Electric: Circuit Breakers Gas: No Gas Sewer: Private Sewer; Septic Needed Water: Private; Well
Listing Office: Lone Pine Real Estate Company
IDX
Last Updated: September - 25 - 2025
Broker Attribution: info@lonepinere.com

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