Members of Church and Oswaldtwistle Freemasons are leaving Oswaldtwistle after more than a century.
The Freemasons have decided to sell the Masonic Hall in Albert Street due to the high costs of operating and maintaining the building.
The 80 members will maintain their own branch – which is known as Leopold Lodge - but will now use the facilities at the Masonic Hall in Adelaide Street, Accrington, for meetings.
Their former building is on the market for £150,000.
Secretary David Whittaker said: "We have spent a great deal of time thinking about this decision and feel this is the best option forward.
"The cost of running the hall has increased significantly over the last few years and membership is decreasing which is a national trend we have also felt.
"A lot of our work is not specific to Church and Oswaldtwistle, and we can continue to operate from Accrington just as well."
There has been a branch of the Freemasons in Church and Oswaldtwistle since 1878.
Their first meetings took place in a room in Commercial Street, Church.
Soon larger premises were needed and the meetings transferred to the Commercial Hotel in Church followed by the Rose and Crown in Oswaldtwistle and then to Holy Trinity School in Oswaldtwistle.
Freemasonry continued to expand and the Masonic Association purchased Albert Street Congregational Church in Oswaldtwistle. This was converted into a Masonic Hall which opened in February 1955.
Members have regularly raised funds for a variety of causes including the East Lancashire Hospice.
Mr Whittaker said the shroud of secrecy that surrounds Freemasonry is a myth perpetuated by the media.
He said: "The reality is you can go on the internet, find us and learn pretty much anything you want to.
"Over the last 10 to 20 years we have been a lot more open."