Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom commercial at 168 Payson Road in Union, ME is listed for $340,000 ($104 per sqft). Built in 1850, the home offers 3,285 sqft of living space on a 0.36 acres lot.

Agent 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 which is need of major renovation, 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!

Key Features

  • Built in 1850
  • 0.36 acre lot

Property Details

1850

Monthly Cost Estimate

$1,818/mo

20% down · 6.5% · 30 years

Principal$246
Interest$1,473
Insurance$99

Estimates only. Actual payments may vary.

Location

168 Payson Road

Union, ME 04862

Property Details

Flooring

Wood

Construction

Shingle Siding Wood Siding

Parking

Off Street

Heating

None (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 168 Payson Road is listed at $340,000 ($104/sqft). The estimated monthly payment is $1,473 based on 20% down at 6.5% interest.

Key features include: Built in 1850, 0.36 acre lot.

This property is listed by Rachael Umstead and can be reached at 2077903960 or rachael@lonepinere.com.

RU

Rachael Umstead

Agent at Lone Pine Real Estate Company

(207) 790-3960

Listed by Lone Pine Real Estate Company

MLS# 1628850· Source: listhub· Updated today

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

168 Payson Road, Union, ME 04862

Open this listing in: