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The Galewood Building is a completely renovated 35,380 SF multi-family and mixed-use development located at the intersection of West 24th Street and Superior Viaduct, steps from Ohio City’s Hingetown neighborhood, the west bank of the Flats, and Downtown Cleveland. Constructed in 1900 and renovated in 2018 with high-end finishes and appliances for every unit, the property consists of 11 luxury one and two bedroom apartment units as well as three (3) first floor commercial spaces. Please contact listing broker for property OM, proforma and rent roll.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 12,463 | 105,713 | 273,799 | |
| Population Median Age | 35 | 35 | 37 | |
| Population by Age | 0-9 Yrs | 1446 (11%) | 13329 (12%) | 32594 (11%) |
| 10-19 Yrs | 652 (5%) | 11082 (10%) | 30432 (11%) | |
| 20-29 Yrs | 3516 (28%) | 23485 (22%) | 51157 (18%) | |
| 30-39 Yrs | 2813 (22%) | 17289 (16%) | 41455 (15%) | |
| 40-49 Yrs | 1137 (9%) | 12012 (11%) | 30954 (11%) | |
| 50-59 Yrs | 1352 (10%) | 12599 (11%) | 35183 (12%) | |
| 60-69 Yrs | 982 (7%) | 9053 (8%) | 29550 (10%) | |
| 70+ Yrs | 565 (4%) | 6865 (6%) | 22475 (8%) | |
| Median HH Income | $53,561 | $33,046 | $33,963 | |
| Total Household Income | < 24K | 2135 (32%) | 19527 (41%) | 49572 (39%) |
| 25-49K | 1014 (15%) | 10791 (22%) | 32094 (25%) | |
| 50-74K | 1043 (15%) | 6665 (14%) | 18727 (14%) | |
| 75-99K | 806 (12%) | 3645 (7%) | 10537 (8%) | |
| 100-199K | 1071 (16%) | 4774 (10%) | 11738 (9%) | |
| 200K+ | 518 (7%) | 1639 (3%) | 3284 (2%) | |
| Highest Education Level | No Diploma | 1267 | 15662 | 35214 |
| Diploma or GED | 1531 | 19141 | 54785 | |
| Some College | 1459 | 13949 | 40933 | |
| Assoc. Degree | 377 | 4200 | 12696 | |
| Bachelors Degree | 2320 | 10988 | 28150 | |
| Higher Degree | 2244 | 7882 | 17025 | |
| Total Housing Units | 7,715 | 56,259 | 150,107 | |
| --Owner-Occupied | 1,140 | 12,453 | 44,468 | |
| --Renter-Occupied | 5,447 | 34,587 | 81,484 | |
| Owner-Occupied Values | < 100K | 169 | 6837 | 27674 |
| 100-199K | 286 | 2587 | 10874 | |
| 200-299K | 314 | 1434 | 2793 | |
| 300-399K | 212 | 830 | 1390 | |
| 400-499K | 83 | 262 | 636 | |
| 500K+ | 76 | 503 | 1103 | |
| Total Working Age Population | 10,610 | 85,672 | 223,080 | |
| In Work Force | 7,384 | 51,634 | 137,477 | |
| Not In Work Force | 3,226 | 34,037 | 85,604 | |
| Workforce Employed | 6,781 | 45,790 | 122,453 | |
| Workforce Unemployed | 602 | 5,804 | 14,966 | |
| Civlian Workforce | 7,384 | 51,594 | 137,419 | |
| Military Workforce | 0 | 40 | 58 | |
| Total Households | 6,587 | 47,041 | 125,952 | |
| Family Households | 1,865 | 19,428 | 54,761 | |
| Non-Family Households | 4,722 | 27,613 | 71,191 | |
| Married Couple | 952 | 8,721 | 26,139 | |
| Other Family | 912 | 10,707 | 28,622 | |
| Married w/Child | 280 | 3,121 | 8,973 | |
| Single Male w/Child | 109 | 1,033 | 2,675 | |
| Single Female w/Child | 565 | 5,625 | 14,070 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Ohio | 11,353,140 | +2 | 11,536,504 | 0 | 11,574,870 | 0 | 11,615,100 |
| Cuyahoga County | 1,393,978 | -8 | 1,280,122 | -6 | 1,209,550 | -5 | 1,154,210 |