121 Depot Street, Milford MA 01757
Milford, MA 01757
$889,000
Est. $6,295/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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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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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Aug 17, 2026
Active → Active Under Contract
Pending Sale
Aug 15, 2026
Offer accepted, sale pending
Back On Market
Jul 30, 2026
Active
Pending Sale
May 18, 2026
Offer accepted, sale pending
Listed for Sale
May 12, 2026
$889,000
Original listing
Agent: James Kalogeropoulos
Office: RE/MAX Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/17/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 08/15/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/30/2026 | • Back On Market | - | - | - | Active |
| 05/18/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/12/2026 | 🏠 Listed for Sale | $889,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $19,198 | — |
Financial Details
Annual Property Tax
$19,198
Tax Year 2025
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Worcester
Property Overview
Listing Type
Sale Pending
Year Built
1960
Living Area
7,046 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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:
Nearby Schools
School District
Milford School District local
C+
School Safety
2024-25
3.8%
Above Average
3.2%
Suspensions
0.9%
In-School
0.6%
Emergency
1.7% below state avg
Elementary Schools
3 schools
B+
Memorial School
0.9 mi
|
#324 of 825
|
Score: 49.9
Improved 37 spots from last year
-8.3 below state avg
543 students
Moderate
Rising School
Strong Attendance
Grades K-06
Memorial School
1.1 mi
410 students
Diverse
Diverse Student Body
Grades K-02
Park Street School
1.4 mi
101 students
Less Diverse
Strong Attendance
Grades PK
Middle Schools
3 schools
C
Stacy Middle School
1.0 mi
|
#261 of 352
|
Score: 35.5
Improved 34 spots from last year
-22.7 below state avg
930 students
Diverse
Rising School
Grades 06-08
A-
Miscoe Hill School
2.8 mi
|
#99 of 352
|
Score: 49.8
Improved 17 spots from last year
-8.4 below state avg
678 students
Moderate
Strong Attendance
Grades 05-08
C+
Bellingham Memorial Middle School
4.4 mi
|
#227 of 352
|
Score: 38.5
Improved 13 spots from last year
-19.7 below state avg
578 students
Moderate
Grades 04-07
High Schools
3 schools
B
Hopedale Jr-Sr High School
1.0 mi
|
#150 of 346
|
Score: 56.3
Dropped 64 spots from last year
-2 below state avg
467 students
Moderate
15 sports
• 874 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 07-12
C+
Milford High School
1.6 mi
|
#217 of 346
|
Score: 50.6
Improved 24 spots from last year
-7.6 below state avg
1,249 students
Diverse
17 sports
• 1,698 athletes
Early College Program
Rising School
College Ready Curriculum
Strong Athletics
Grades 09-12
Riverside School
1.7 mi
Grades 06-12
Learn about these ratings
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
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Including down payment
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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
-0.5% Rate
$0/mo
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Current Rate
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+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
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Neighborhood
121 Depot Street, Milford MA 01757
Milford, MA 01757
Listing Information
Listing Agent
James Kalogeropoulos
Listing Office
RE/MAX Partners
Office Phone
508-635-1600
Agent MLS ID
K9502917
Office MLS ID
AN8069
Listing Data Updated
Aug 31, 2026 3:06 AM 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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