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121 Depot Street, Milford MA 01757

Milford, MA 01757
$889,000
Est. $6,295/month
7,046
Sq Ft
$126
Price/Sq Ft
0.40
Acres
1960
Year Built
15 hours 38 minutes
Time on Market
Active Listed May 12, 2026 • MLS# 73517046 Copied!

About this home

This is an opportunity to acquire the a former Japanese steakhouse and sushi restaurant, previously operated as Tokyo Steakhouse. The property features existing hibachi stations, sushi/bar areas, large commercial kitchen, spacious dining hall, and a private second-floor function room ideal for events and additional dining capacity. The first floor accommodates approximately 140 seats, while the second floor offers seating for approximately 80 guests. Property is equipped with natural gas, three 5-ton heating systems, 3-phase electrical service, walk-in coolers, and infrastructure for restaurant or hospitality use. Ample on-site parking with approximately 28 spaces enhances accessibility and customer convenience. Previously operated with liquor and lottery licenses. Excellent opportunity for restaurateurs, hospitality groups, or investors seeking a restaurant location with strong operational capacity.

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Property Overview

Listing Type
Commercial Sale
Year Built
1960
Living Area
7,046 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1960
Living Area 7,046 sq ft
Lot Size 0.40 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Tar/gravel
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $19,198

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1960
Structure Type:
Exterior Materials:
Roof: Tar/Gravel
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

121 Depot Street, Milford MA 01757

Milford, MA 01757

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,600
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
May 12, 2026
$889,000
Original listing
Agent: James Kalogeropoulos Office: RE/MAX Partners

Price & Status History

Date Event Price Change
May 12, 2026 New Listing Added $889,000

Market Statistics

Time on Market
15 hours 38 minutes
Price per Sq Ft
$126

Tax History

Year Taxes Assessment
2025 $19,198

Financial Details

Annual Property Tax
$19,198
Tax Year 2025

Listing Information

Listing Agent James Kalogeropoulos
Listing Office RE/MAX Partners
Agent MLS ID K9502917
Office MLS ID AN8069
Listing Data Updated May 12, 2026 3:27 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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