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    Union, ME
    Manufacturing

    Union, ME Manufacturing Properties for Sale

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    Manufacturing Property With Water Rights
    Updated: Jul 12
    Manufacturing Property With Water Rights

    168 Payson Road, Union, ME 04862

    $299,000
    3,285 sqft 0.36 AC lot
    3,285‑square‑foot mill building constructed in 1850
    Historic water rights between Alford Lake and Lermond Pond
    Property includes dams at the mill and between Lermond Pond and Mill Pond
    0.36‑acre lot with additional land included
    Wood flooring with shingle and wood siding
    View details
    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
    View details
    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 6 Potential Opportunities for your consideration. Besides 2 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
    Manufacturing Property with Ocean Frontage
    Manufacturing Property with Ocean Frontage

    185 Belmont Avenue, Belfast, ME 04915

    $1,450,000
    6,672 sqft 120.00 AC lot

    Established materials operation with production plants, equipment, office space, and a commercial maintenance garage.

    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
    Mining Land and Claims with Crusher Plant
    Mining Land and Claims with Crusher Plant

    185 Belmont Avenue, Belfast, ME 04915

    $1,450,000
    6,672 sqft

    Operating aggregate enterprise with crushing, concrete batching, material sales, and supporting office and maintenance facilities.

    View details

    Union, ME Manufacturing Properties Market Trends and Statistics

    Explore 2 manufacturing properties for sale in Union, ME on our real estate platform. These investment opportunities span a total of 6,570 square feet of properties for sale, with an estimated market value of $598,000.

    Sale prices for manufacturing properties 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%

    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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