All assets of the Winchester YMCA, including property and equipment, will be sold at auction later this month, according to a press release issued by the YMCA’s executive committee.

The Winchester YMCA announced via a letter posted on Facebook Dec. 13 it would shut its doors for good two days later, ending a three-year effort to revitalize the organization.

Board of Directors Chairman Brian Thomas penned the letter, citing declining membership and donations, and the costs associated with maintaining an aging facility for the closure.

The Winchester Y was on the verge of closing three years ago with about $600,000 in debt. The board brought the debt down to $450,000, Thomas said, but the facility continued to lose money.

First to be auctioned will be the the complete building and facility, located at 645 Westmeade Drive. The property includes nearly 6 acres of land, the gymnasium, tennis courts, swimming pool and exercise facility. The auction will be at 11 a.m. Friday, Feb. 24, at the facility.

There will be a property preview from 2 to 5 p.m. Sunday, Feb. 19.

Mike Gooch will serve as auctioneer. Online and onsite bidding will be available, according to the release.

Following the sale of property, the gym equipment and fixtures will be sold via online auction, with bidding beginning at 10 a.m. Monday, Feb. 20, and ending at 6 p.m. Monday, Feb. 27.

This auction includes the complete liquidation of all contents of the YMCA, including exercise equipment, office furniture and fixtures, daycare items and basketball and gym equipment, the release states. The online bidding can be accessed at goochsells.com/auctions/upcoming-auctions.

“Our hearts go out to the people that this YMCA touched,” Thomas said in the release. “The people whom the Y brings together — members, program participants, volunteers, staff from all walks of life — makes this such a special organization. We are deeply saddened by the impact that closing the Y will have on so many people.”