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    Union, ME
    Flex Space

    Union, ME Flex Space for Sale

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    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    Live-Work Property with Workshop
    Live-Work Property with Workshop

    2122 Atlantic Highway, Lincolnville, ME 04849

    $595,000
    1,500 sqft 2.19 AC lot

    Flexible commercial layout with office areas, workshop space, garage access, and potential for residential conversion.

    View details
    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
    Live-Work Property With Workshop
    Live-Work Property With Workshop

    2122 Atlantic Highway, Lincolnville, ME 04849

    $595,000
    1,500 sqft

    Flexible commercial property with office areas, workshop space, and potential for residential conversion.

    View details
    Flex Space with Warehouse Areas
    Flex Space with Warehouse Areas

    344 Park Street, Rockland, ME 04841

    $599,000
    13,710 sqft

    The interior combines production areas, offices, a break room, and two bathrooms for varied commercial operations.

    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%

    High-Yield Neighborhoods for Investment

    Identify Union submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04862 $299K

    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%

    Listings Trend

    New vs delisted commercial listings in Knox County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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