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University-Campus Mixed-Use Property
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130 N Williamson Ave, Elon, NC 27244

Three-story commercial building combining retail and office space within the Elon University campus environment.

Property Size19,624 SF
Days on Market131

Property Features for 130 N Williamson Ave

General Information

Standard status Active
Size 19,624 SF
Class A
Property subtype Mixed Use
Occupancy 100%
Investment Type Stabilized

Additional Details

Office Units 2

Building Details

Year Built 2011
Buildings 1
Stories 3
Tenancy Multi
Building Size 19,624 SF
Listing Agency: Berkeley Capital Advisors Charlotte
Listed By: Devon Dykstra · License #BK3589853
Source: Crexi
Added: Apr 23 Changed: Aug 30 Last Checked: Aug 30 at 5:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkeley Capital Advisors Charlotte

Investment Insights

Based on property information with market context.

Elon Town Center is a three-story mixed-use building totaling 19,624 SF, with retail and office components serving the Elon University campus environment. Completed in 2011, the property is 100% occupied and includes the Elon University Book Store, two university office suites, and Pandora's Pies, a local pizza restaurant.

Elon University occupies approximately 85% of the building through three spaces, with leases extending through July 2041. Those agreements include two 10-year renewal options and one 5-year renewal option. Pandora's Pies occupies 2,951 SF under a lease running through February 2031 and has operated at the property since opening in 2012.

The property is located at 130 N. Williamson Avenue in Elon, NC, directly on the university campus and across from the School of Communications. The campus has approximately 7,000 students, faculty, and staff contributing to the surrounding daily activity.

Key Highlights

  • 19,624 SF mixed‑use building with retail and office space
  • 100% occupied across three stories
  • Elon University occupies approximately 85% through three spaces

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Auto Repair Shop Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Demographics for 27244, NC

16,671
Population
5,740
Households
2.9
Avg Household Size
28
Median Age
35%
College-Educated
91%
High-School Grad
53.8 sq mi
ZIP Area
310
Density / Sq Mi
$70,982
Median Household Income
$22,318
Median Earnings
$831
Median Rent
$248,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story commercial building combining retail and office space within the Elon University campus environment.
Where is this mixed-use property located?
The property is located at 130 N Williamson Ave Elon, NC.
What are key features of this property?
This property features: 19,624 SF mixed‑use building with retail and office space; 100% occupied across three stories; Elon University occupies approximately 85% through three spaces
More about this property
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