The group's Glenlyon Road building, Netherton House, closed its doors for the last time on February 21, blighted by falling support and lack of funds for its upkeep.
Members still hope, however, that it may be revived – if a buyer can be found fo
r Netherton House and the Slipstream Club can aquire ground-floor premises elswhere in Leven.
Late last year, the club ran into difficulty when it closed its upstairs dance floor because some elderly members had trouble climbing the stairs.
Other members, however, began to drift away, while the building itself needed repairs to the roof and the heating system.
"It's sad because it's been there so long," said vice-chairman Jim Laird.
The group moved into the building in 1949, soon after the Second World War, and the club was a popular venue for parties and other functions, as well as a meeting place for former RAF servicemen, friends and associated members.
Regular activities, four afternoons and evenings a week, included bingo, darts, carpet bowls, pool, dominoes and dances.
Early in 2009, the Mail reported on the premises going up for sale, initially for offers over £289,000, after they were deemed too large for members' current needs.
A prospective buyer had been interested in turning Netherton House into 15 flats but the project stalled over the question of payment linked to vehicle access.
Over a year on, Slipstream personnel still hoped if a buyer came forward, the club could revive its fortunes if it found other premises in the town.
The East Fife branch of the RAFA is still in existence and Slipstream members have been allowed to continue some of their activities in the nearby Station Hotel.
