Keithbank Mill sits on the River Ericht at Blairgowrie, directly across the water from Oakbank Mill. The original, small mill was built in 1830 by William Fyfe, and in the late 1860s a new and larger mill was erected on the site.

The complex is part of a notable group of historic flax and jute mills that line both banks of the Ericht — said to be among the oldest of their type in Scotland.

The mill serves as a point of interest along the river corridor, offering access to this stretch of the Ericht where industrial heritage and natural scenery combine.

Features associated with the broader mill cluster include waterwheels and a working turbine, reflecting the area's long reliance on water power.