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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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168 Payson Rd , Union, ME 04862
$299,000
Est. Payment: $664.44/mo
0 Bed
0 Bath
3285 Sqft
Status: Active | Days on site: 62
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3465 - 019017
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House 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!

Highlights

Listed by Rachael Umstead , 207-790-3960 Lone Pine Real Estate Company , 207-230-8300.

Property Type

Commercial Sale

Lot/Acreage
0.36

Year Built

1850

County

Knox

Listing ID

1667898

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Wood
Water:Private,Well

Exterior Features

Lot:Rural,Water View,Waterfront
Zoning:Rural
Roof:Composition
Sewer:Private Sewer,Septic Needed
Parking Features:5 - 10 Spaces,On Site,Gravel,Off Street
Principal Interest
$664
Taxes
$140

Home Price

$299,000

Loan Details

30 yrs
%

Down Payment

20%
$59,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$664.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $664.44 $139.50 $0.00 $803.94
Yearly $7,973.33 $1,674.00 $0.00 $9,647.33
Total $239,200.00 $50,220.00 $0.00 $289,420.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Union, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.