112 Van Rensselaer St Rensselaer, IN 47978-2652
This exceptional opportunity presents a well-established cafe in the heart of downtown Rensselaer, Indiana. Operating successfully for over 50 years, this beloved eatery, known as Janet's Kitchen, enjoys a prime location just a short distance from the courthouse, ensuring consistent foot traffic and a loyal customer base. The sale includes the restaurant itself, along with an adjacent office space that has generated supplemental income through various tenants, most recently a therapeutic massage clinic. The office space features a private bathroom. The restaurant's equipment is included in the sale and is in good working order, featuring a refrigerator with a top freezer, two chest freezers, two upright freezers, a commercial double refrigerator, a six-burner gas stove, a newer Ansul fire suppression system, a pop machine, an ice machine, and a steam table, as well as a deep fryer. The spacious dining area is comprised of two sections: a main dining area with a breakfast bar seating seven and tables accommodating 28 patrons, and a second dining area with seating for an additional 27 guests. The property sits on a 0.06-acre lot. Heating and cooling units have been recently replaced. The restaurant's current operating schedule is five and a half days a week, serving breakfast and lunch. Approximately three weeks' worth of food inventory is included in the sale. This is a rare chance to acquire a turnkey operation with a proven track record and significant potential for continued growth. The asking price is $179,900.
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Janets Kitchen Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
BUFF · Rensselaer, INRensselaer. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.