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    Union, ME
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    Union, ME Flex Space for Sale

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    Waldoboro, ME Appleton, ME Warren, ME Washington, ME Hope, ME Rockport, ME Jefferson, ME Camden, ME
    Historic Manufacturing Property with Water Rights
    Updated: Jul 20
    Historic Manufacturing Property with Water Rights

    168 Payson Rd, Union, ME 04862

    $299,000
    3,285 sqft
    3,285‑square‑foot grist mill built in 1850
    Approximately 2 acres of Mill Pond included
    Historic water rights between Alford Lake and Lermond Pond
    Property includes two dams and land between Lermond Pond and Mill Pond
    Potential uses include milling, retail, studio space, or storage
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Union, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flexible Industrial Building
    Flexible Industrial Building

    344 Park Street, Rockland, ME 04841

    $599,000
    13,710 sqft 0.71 AC lot

    Adaptable commercial facility combines warehouse, production, office, break-room, and restroom areas within one building.

    View details
    Mixed-Use Property with Warehouse
    Mixed-Use Property with Warehouse

    342-344 Park Street, Rockland, ME 04841

    $824,000
    16,281 sqft 1.82 AC lot

    Commercial and residential improvements support business operations, storage, and live/work arrangements on a 1.82-acre parcel.

    View details
    Flex Space With Office Area
    Flex Space With Office Area

    799 West Street, Rockport, ME 04856

    $515,000
    5,700 sqft 3.80 AC lot

    Commercial property combines office space with adaptable workspace and on-site parking.

    View details
    Multi-Flex Office/Warehouse Building
    Multi-Flex Office/Warehouse Building

    485 Commercial St, Rockport, ME 04856

    Contact for pricing
    5,040 sqft

    Modern office and warehouse layout with front-facing offices, side office space, and a high-ceiling warehouse area.

    View details

    Union, ME Flex Space Market Trends and Statistics

    Explore 1 flex space for sale in Union, ME on our real estate platform. These investment opportunities span a total of 3,285 square feet of properties for sale, with an estimated market value of $299,000.

    Sale prices for business spaces in Union, ME average $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Manufacturing properties 2
    Flex space 1

    Demographics Overview

    Population 4,195
    Population Growth (5Y) +1.2%
    Median Household Income $71,546
    College Educated 42.6%

    Taxes & Financing

    Tax Rate (average for all types) 1.62%
    Property Tax per SF $65.90 per SF
    Tax Rate vs County Average 0.20 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Knox County

    Retail

    Office

    Residential Income

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