Rare coastal opportunity along Leucadia’s historic Coast Highway 101 with 53 feet of frontage. Property includes a two-level vintage retail shop (likely 1950s) and a detached studio cottage currently on septic. Lot measures ˜ 0.11 ac and is zoned N-CM-1 (Neighborhood Commercial Mixed-Use 1) allowing a variety of uses and redevelopment potential. The grade change (~9 ft) provides flexible upper and lower work areas. Clean due-diligence package available: Phase 1 Environmental, physical inspection, hazardous-materials report (glass-blowing equipment cleared), septic report, and sewer-tie-in bid with capacity fees already paid. Ideal for owner-user, investor, or creative redevelopment. Options include operating retail/office and renting the cottage, converting outdoor space for meetings or events, or maintaining it as a working studio. High-visibility corridor with strong foot and vehicle traffic, walkable to beaches, cafés, and galleries.