121 Depot Street Milford, MA ^$ 889,000

121 Depot Street

^$ 889,000

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121 Depot Street

Milford, MA, 01757

^$ 889,000

Bedrooms-- Baths4.0 Sq 7,046

Monthly Estimate*

^$ 5,613

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Commercial Property for sale in Milford, MA

for $889,000 with 4 full baths. This 7,046 square foot building was built in 1960 on a lot size of 0.4.

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.

Commercial Active

Price

^$ 889,000

Full Bath

Property Type

Commercial

Taxes

^$ 19,198

Style

Commercial

Lot Size

0.4

Year Built

1960

Town/City

Milford

County/Region

Worcester

MLS | Web ID

73517046

List By

James Kalogeropoulos

Listing Agent

Re/Max Partners

Broker

Affordability Calculator

$7,213

Per Month

Monthly Principal & Interest: $5,613
Monthly Property Taxes: $1,600
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in Milford, MA

Average List Price ^$717,986

Percent of Sale Price 19%

About Milford, MA

29,119 Population

8% Since 2002

^$74,406 Median Income

41.43 Median Age

31% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/12/2026	$889,000		Listed Price

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121 Depot Street, Milford, MA, 01757 is a Commercial Property for sale at $889,000 with 7,046 sqft and a lot size of 0.4. 121 Depot Street has 4.0 baths and was built in 1960. The property's zip code is 01757 which is in Milford, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 8/4/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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121 Depot Street

Commercial Property for sale in Milford, MA

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