The steam mill was built in 1853 for Niels Madsen Harboe (1786–1861), pastor of Nagleby, who was the owner of a distillery, two mills, a grain and grocery business as well as a large farm.

The flour was either shipped off to Kalundborg or Vordingborg on smaller boats or by land on carriages to towns in the surrounding countryside.

[4] The building was in 1950 separated from the harbour by a new road to H. C. Hansen's coal depot.

In 2020, it was part of a portfolio of 16 properties sold to privately held real estate company Herbo.

[5] The ground floor of the building is home to a café and a dental clinic.