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Penticton  

Acreage sold for $1.275M

A large acreage north of Oliver, most recently used as a church retreat, has been sold for $1.275M.

The Western Investor reports the 13.6 acre lot at 7600 Island road has been sold, in a deal brokered by NAI Commercial Okanagan.

The property is ringed by an oxbow and contains a large institutional-style building featuring large communal areas, 17 individual sleeping rooms, common washrooms, large commercial kitchen, dining area and offices. 

The agricultural-institutional-zoned lot is situated within the agricultural land reserve and was previously farmed with ground crops and fruit trees.

The purchaser of the property was not disclosed. Listing price was $1.299M.



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