This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
$340,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
Property 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!
Full Property Details
Full Property Details for 168 Payson Rd
General
- Price: $340,000
- Taxes: $1,533 (2024)
- Status: Active
- Type: Industrial
- Source: MREIS
- MLS ID: 1628850
- Updated: 9/25/2025
- Added to Site: 232 day(s) ago
Business
- Business Type: Special Purpose, Warehouse, Other, Distribution
Interior
- Flooring: Wood
Parking
- Parking Features: 5 - 10 Spaces, Gravel, On-Site Parking, Off Street
Location
- County: Knox
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Private Sewer, Septic Needed
- Water: Well, Private
- Well: Yes
Structural Information
- Construction: Wood Siding, Shingle Siding
- Roof: Composition
- Building Size: 3285
- Square Feet: 3,285
- Living Area: 3,285 Sq. Ft.
- Year Built: 1850
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,681.6
- Zoning: Rural
- Lot Description: Waterfront, Water View, Rural
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $1,533
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 3
Listed by Lone Pine Real Estate Company (207) 230-8300
Get Pre-Approved Today
Schools
Schools serving 168 Payson Rd
School District:School Administrative District 40
| Name | Grades | Distance |
|---|---|---|
Medomak Valley High School 320 Manktown Road, Waldoboro, ME 04572 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 168 Payson Rd
Date
Details
Price
Change
Source
9/25/2025
Price Reduced
$340,000
-5.56%
MLS
7/01/2025
Listed
$360,000
—
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 168 Payson Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,674
9%
$125,900
41%
2024
$1,533
11%
$89,100
—
2023
$1,381
5%
$89,100
—
2022
$1,319
4%
$89,100
27%
2021
$1,271
1%
$70,200
—
2020
$1,264
-2%
$70,200
—
2019
$1,285
3%
$70,200
—
2018
$1,250
13%
$70,200
—
2017
$1,109
-26%
$70,200
-21%
2016
$1,496
4%
$88,500
—
2015
$1,434
2%
$88,500
—
2014
$1,407
5%
$88,500
—
2013
$1,336
—
$88,500
—
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 168 Payson Rd
168 Payson Road, Union, ME 04862 (MLS# 1628850) is a Industrial property. 168 Payson Road is currently listed for $340,000 and was received on July 01, 2025. Want to learn more about 168 Payson Road? Do you have questions about finding other Industrial real estate for sale in Union? You can browse all Union real estate or contact a Coldwell Banker agent to request more information.

