I could be mistaken but I don't remember seeing this marvelous photograph by Michael Ochs on NLA.
Hollywood & Vine, June 1, 1951.
fineartsamerica
There's a 'Columbia' store halfway down the block that I don't remember seeing.
Here's a closer look.
detail
My guess is
: A record store connected to Columbia Records.
Hey, there's the familiar Nancy's too. For a better look at Nancy's go
Here....(if you can look closely you can see the Columbia store)
.