The 1110 Acoma St. building is leased to the retailer Sacred Thistle. (Matt Geiger/BusinessDen)
A small retail building in the Golden Triangle has a new owner – its next-door neighbor.
Michael Eisenstein purchased 1110 Acoma St. — a single-story 1,900-square-foot building just off 11th Avenue — last week for $1.2 million, or $632 per square foot.
Eisenstein, who declined to comment, is the founder of Land Capital LLC and also owns the Acoma House, a small hotel next door at 1114 Acoma St. He once floated the idea of a 40-story mural-inspired tower in downtown Denver, but that deal fell apart.
The seller of 1110 Acoma was Mickey Zeppelin, who founded Zeppelin Development in 1972.
“We received an unsolicited offer on the space, and it was in the range that made sense to sell,” Zeppelin said in an email to BusinessDen.
Mickey Zeppelin
Zeppelin bought the property in 1993 for $60,000.
“The building at the time was totally run down, lots of deferred maintenance … and homeless people had taken refuge in the building,” Zeppelin said. “We spent a lot of time fixing it up, which wasn’t happening much at the time in Golden Triangle.”
The building dates to the late 1800s and is home to Sacred Thistle, a home goods store that’s been there since at least 2016, according to Google Maps. Zeppelin said that the business’ lease expires in the middle of next year.
The property is across the street from the historic Evans School, which is poised for redevelopment after spending decades largely vacant.
In 2021, Zeppelin sold another retail building two blocks away to Denver-based Urban Villages for $6 million. He said he now owns just one property in the Golden Triangle — a loft in the Grand Cherokee Building at 1050 Cherokee St., which he built from the ground up in 1998.
Zeppelin’s firm, where his son Kyle serves as CEO, is now most active in RiNo and the high country.
The 1110 Acoma St. building is leased to the retailer Sacred Thistle. (Matt Geiger/BusinessDen)
A small retail building in the Golden Triangle has a new owner – its next-door neighbor.
Michael Eisenstein purchased 1110 Acoma St. — a single-story 1,900-square-foot building just off 11th Avenue — last week for $1.2 million, or $632 per square foot.
Eisenstein, who declined to comment, is the founder of Land Capital LLC and also owns the Acoma House, a small hotel next door at 1114 Acoma St. He once floated the idea of a 40-story mural-inspired tower in downtown Denver, but that deal fell apart.
The seller of 1110 Acoma was Mickey Zeppelin, who founded Zeppelin Development in 1972.
“We received an unsolicited offer on the space, and it was in the range that made sense to sell,” Zeppelin said in an email to BusinessDen.
Mickey Zeppelin
Zeppelin bought the property in 1993 for $60,000.
“The building at the time was totally run down, lots of deferred maintenance … and homeless people had taken refuge in the building,” Zeppelin said. “We spent a lot of time fixing it up, which wasn’t happening much at the time in Golden Triangle.”
The building dates to the late 1800s and is home to Sacred Thistle, a home goods store that’s been there since at least 2016, according to Google Maps. Zeppelin said that the business’ lease expires in the middle of next year.
The property is across the street from the historic Evans School, which is poised for redevelopment after spending decades largely vacant.
In 2021, Zeppelin sold another retail building two blocks away to Denver-based Urban Villages for $6 million. He said he now owns just one property in the Golden Triangle — a loft in the Grand Cherokee Building at 1050 Cherokee St., which he built from the ground up in 1998.
Zeppelin’s firm, where his son Kyle serves as CEO, is now most active in RiNo and the high country.
