LOS GATOS — A building that contains a wine-tasting room and nail salon has been bought in a deal that suggests investors are seeking opportunities to buy properties in small, but affluent downtowns.
A South Bay group paid $4.6 million to buy a two-story mixed-use building in downtown Los Gatos, documents filed on Nov. 18 with the Santa Clara County Recorder’s Office show.
The buyer is an affiliate headed up by Brian Dexheimer, who is based in Saratoga, state documents show. The group bought the property through an all-cash deal.
At 21 and 23 West Main St., the 7,200-square-foot building is a block from University Avenue, according to a marketing brochure circulated by the broker on the purchase, Colliers Executive Vice President John Machado.
Gali Vineyards tasting room and Tangles na

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