# 168 Payson Road, Union, ME 04862

> **TL;DR:** commercial, $340,000 ($104/sqft), built 1850, 3,285 sqft. Est. $1,473/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $340,000 |
| Price/sqft | $104 |
| Square Feet | 3,285 |
| Year Built | 1850 |
| Lot Size | 15,682 sqft (0.36 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,473 |
| **Total** | **$1,473** |

## Property Highlights

- Built in 1850
- 0.36 acre lot

## Description

### 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!

## Location

- **Address:** 168 Payson Road, Union, ME 04862
- **County:** Knox

## Listing Agent

- **Name:** Rachael Umstead
- **Brokerage:** Lone Pine Real Estate Company
- **Phone:** 2077903960
- **Email:** rachael@lonepinere.com

## Primary Photo

![168 Payson Road - Primary Photo](http://lh.rdcpix.com/91cce722474c976baeee0cbcddb52708l-f1145100208r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/168-payson-road-union-me-04862-1628850)*

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**MLS#:** 1628850 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/168-payson-road-union-me-04862-1628850)

---

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